Many in crypto want a piece of the action and opportunity to advise from the recliner until the money starts running out. At that point they become “I told you so” people and move on. A Decentralized leadership model just doesn’t have the accountability and credibility that it needs to compete with a corporate system. Every successful company has a leader that everyone points to. So far I just have not found that in decentralized governance.
**Proposed Solution**: Establish a central fund manager to oversee all stock trades for members of Congress. Key features include:
- **Full Disclosure**: All trades are publicly disclosed to ensure transparency.
- **Equal Contribution**: Congressional members can collectively suggest trade picks, with equal input to prevent individual advantage.
- **Centralized Management**: The fund manager executes trades, reducing the risk of insider trading by removing direct control from members.
**Goal**: Prevent insider trading by eliminating personal discretion in trading decisions and ensuring public oversight, while allowing members to invest collectively and fairly.
This approach aims to curb the misuse of privileged information while maintaining members' ability to invest, with transparency as a safeguard.
@DavidSacks I appreciate your work. Many people are pushing for this administrations failure. Blockchain technology can liberate or enslave and it’s consequential how it’s introduced to the world.
As long as Bitcoin's open interest remains below the level controlled by market makers, BTC will stay vulnerable to manipulation, even in the face of positive news."