Thanks for sharing the details. My core problem isn't with the details, mainly because I haven't gone through it or even what percentage of Stellar is controlled by the organization. My problem is with the basis of having such a self-selected organization which seems to have given itself the de facto control over the flow of the monetary system.
As a good example what you mentioned: "As needed, the organization will also hold open auctions to raise funds from its remaining pool of stellars".
This is a huge thing! Who decides when "as needed" is? If it's the board, what's the basis of their authority? Just being a non=profit doesn't stop one or more of the board members to act in self-interest.
As a good example what you mentioned: "As needed, the organization will also hold open auctions to raise funds from its remaining pool of stellars".
This is a huge thing! Who decides when "as needed" is? If it's the board, what's the basis of their authority? Just being a non=profit doesn't stop one or more of the board members to act in self-interest.