Yes, it’s for Bitcoiners. We tie participation to addresses with balance mainly to reduce sybil attacks and spam.
No, it's for bitcoins.
Your mechanism is "one dollar, one vote", with Bitcoin's UTXOs used for efficiency; as opposed to "one man, one vote", or however the democratic fashion was aphorised in 1776, or the hypothetical forum of some idealised Platonic city-state...
Please don't interpret any of the above as criticism; my criticism is that you should not use line-breaks within paragraphs, even if your single-paragraph sentences end up looking weird on wide-screen displays.
No, it's for bitcoins.
Your mechanism is "one dollar, one vote", with Bitcoin's UTXOs used for efficiency; as opposed to "one man, one vote", or however the democratic fashion was aphorised in 1776, or the hypothetical forum of some idealised Platonic city-state...
Please don't interpret any of the above as criticism; my criticism is that you should not use line-breaks within paragraphs, even if your single-paragraph sentences end up looking weird on wide-screen displays.