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by sebhook
1302 days ago
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I wonder if the whole site could be put in a trust with legal stipulations to maintain hosting funds. The trustees would be the management teams, then potentially a corporate trustee who could keep the lights on in the event of a permanent code freeze. I think partnering with a forward thinking legal firm that specializes in estate planning would be a cool avenue to explore that further. |
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kind of like how a regulated brokerage, pension fund or insurance company operates. The difficult part is credibly ensuring that the companies will follow the rules when there is no legal big stick hanging over them. Maybe you could have the company buy and issue performance bonds to the policy holders , so if the company disappears, the policy holder or their family gets a lump sum? And have the (independent) company issuing the bonds have the contractual right to display the current pricing of the performance bonds, so if the bond company starts to suspects mismanagement, the price goes up, and that has an immediate effect on the company’s standing (and is therefore likely to deter bad behavior)