Turns out BU's constitutional framework simply secures the President as a dictator over bitcoin:
https://medium.com/@rextar4444/the-dictatorship-of-the-bitcoin-proletariat-a51e7cd87605Highlights:
There is no democratic way to kick something like this off so I am just going to be autocratic about it. I’m defining myself judge, jury and executioner (with the valuable input of those who have been interacting with me of course!) with the power to appoint the initial members. These initial members will then proceed to invite new members.
Only members can submit proposals and such proposals must first go through the President
In the case of abrupt departure, an interim person may be appointed by the President, including someone currently holding another role. In that case s/he will not vacate the originally elected role.
I. Any unallocated funds raised shall be held in a 2-of-3 multi-signature account with the President, Secretary, and Developer holding the keys.
Funds donated to Bitcoin Unlimited may be applied to any purpose (including the Bitcoin Unlimited Pool) that furthers the project’s goals and is authorized by majority vote via line items in a President’s “Operational BUIP”
Donations may not be used to pay salaries, bonuses, etc. for the President, Secretary, Developer or Pool Operator. These volunteer roles are unpaid, with the expectation that these individuals will benefit from Bitcoin’s success.
However, the people fulfilling these roles may be paid upon completion of particular tasks that exceed their stated role.
The source repository administrative account shall be held by the President.
51% Risk
To alleviate real or perceived risk of this pool gaining more than 50% of total network hash power, if the pool’s hash power exceeds an average of 30% for more than 30 consecutive days, it must disband into two completely separate entities with no personnel overlap.
Anyone that supports this is an enemy of decentralization.
