I joined the community after the stolen coin event, so I'm not eligible to participate in the decisions of what to do with the stolen coins. However, I would suggest to burn the majority of the coins, and also set a portion aside for future development such as promotion, marketing, and expenses.
I joined Moon Community due to two reasons: (1) I like the logo that was on Coinmarketcap, the light green M logo (the major contribution as to how I checked out Moon). And (2) I like the idea behind the Moon Community, especially Smart Likes.
In regards to Smart Likes, I'm quite perplexed on how it works. My interpretation is that the general idea is people are getting paid for hitting the 'like' button on others' post. It is also mentioned that the source for the fund will be through a separate currency, MoonLite.
Hitting the 'like' button is very simple. If millions of social media users hit the 'like' button on a daily basis, the fund needed to pay the users will accumulate to an astronomical amount within a very short time. Even if the number of MoonLite were to be in trillions, I'm unable to see how it will be able to cover the payment to social media users over an extended period. That is my interpretation.
It would be great if the community can help me clarify the full process of Smart Likes since I am quite fresh to the community.
I'm looking forward to hearing from the community.
Best regards,
New additional Moon member.
*P.s - perhaps a portion of the stolen coin can contribute to Smart Likes development/MoonLite.
Hi
This is a proposition, which I find honest. the solution of bringing in a court does not seem appropriate to me.
To burn mooncoins and change the volume of mooncoin in circulation, will help send a very clear message to the cryptocurrency market.
After all these years of mockery criticism, it's a fair return on the Mooncoins community's ability to make courageous decisions.
Best regards
Michel