Thank you
You’re right, there’s a breakdown in communication somewhere here. I’ve watched the video, I’ll review it again. Perhaps there is something I’m missing here. Just to reiterate; the treasury system combined with the voting system should cover pretty much all you’ve discussed. There’s no reason for any one person to do the heavy lifting. Fees collected for the treasury will be diverted to maintain the platform as well as invest in projects that community deems worthy. is decentralized or will be fully decentralized after Shelly. It will no longer be “Charles’ baby,” will belong to everyone and to no one.
Do not get confused. It’s not binary, it’s a spectrum, from Capitalism (favour individuals the smallest social sphere) to Socialism (favour big or huge social spheres/groups).
I mean it more as an expression, not to be taken literally. Americans have a tendency of labeling things towards social end of the spectrum as “communist.” It’s a way of expressing boundaries. I guess it’s just one of those things you inadvertently pick up living here.
If I could, I’d be working on a wallet that can easily be used by grandma and teens. Good wallets are hard to come by. The only guys pushing wallets with online purchasing is Korea from my research
The best thing he can do is not spend them - cause spending them will collapse the price - someone has to buy up all his ADA for him to be able to spend it. Because no place will actually accept ADA. Just to be clear, there is no free overhanging money to spend, each spending is a sell-order for fiat in the market. Which is the whole issue in crypto that it can never be used as money before actual adoption takes place, as of now because each time someone spends them, it creates a sell order in the market.
So the more people use crypto, the more it will collapse under the current system.
Its one of the biggest misunderstood things of this market, people think that adoption by business where they can spend their Bitcoin is a positive thing. Its not at all - when they dont actually receive the btc, they receive currency. They just use a third party that gets the usd for them - as of now, pretty much 0 businesses accept btc. There might a few who actually keep them. But the problem is business cant pay their taxes in BTC so they will eventually have to sell them to pay their taxes, even the ones who might actually hold the btc (which I have never seen before btw)
The main problem preventing adoption is FIAT currencies are necessary to pay taxes, which is why no business can accept them.
I don’t see the issue. It’s just a matter of time.
Business don’t have to pay taxes right away, but usually on a monthly or yearly basis.
So they can pay the VAT at a later point.
The issue is more how you would manage crypto in accounting systems, which are designed for fiat.
Btw there are already a few government entries/agencies that accept crypto payments for various purposes.
You could always exchange only the VAT part to fiat whenever you sell a product or service and keep the rest in crypto to pay your suppliers / sub contractors / staff / etc.
Also whoever spent its crypto on a product or service would keep buying crypto from fiat in a regular basis creating demand. So assume you have consumers receiving their salary in fiat and exchanging a fix part every month to crypto, then spending a part of it over the month. It’s not an issue if this spent crypto is exchanged fully or partially to fiat as you have the demand from the spender again.
Without trying to cover all possible scenarios and Use Cases, here are a few examples on how adoption will increase the demand & supply of ADA.
Saying that adoption is not good on the short term to ADA is a terribly wrong understanding of the ADA cryptocurrency ecosystem.
You have also adoption on different levels (DAPPs, unbanked people, Financial Instruments, Merchants, Developers, etc.), which has to be distinguished when making such statements.
Generating Demand for ADA:
speculators / traders of a deflationary cryptocurrency
people who want to have a passive income by contributing their ADA to stakepools, infrastructure operations
people who want to take some advantage of ADA as a cryptocurrency (convenience payment method for international remittances for instance) and have a portion of their monthly salary converted to it
people who are unbanked or live in a country with a super inflationary fiat currency (this is the main target of the Africa adoption strategy, but applies to South America as well)
users of various DAPPs built on top of Cardano (such as microlending, land registry, etc.)
any Use Case where ADA (or other crypto on a Cardano sidechain) is transferred, transaction fee
merchants who accept ADA and would not convert it fully back to fiat once received, but use it in their value network (pay off staff, suppliers, someday even taxes)
developers, development companies who are voted & selected to deliver new features, roadmap items to Cardano and are paid in ADA from the Treasury
Investment Funds and other Financial Assets, who wants to physically own ADA in their portfolio
…
Generating Supply of ADA:
speculators / traders of a deflationary cryptocurrency
whales
merchants who provide services / products purchasable in ADA currency and would convert it back to fiat
infrastructure operations with Proof-of-Stake provide ADA as incentive
community deems worthy. 
. We’ll get there