You are viewing a single comment's thread from:

RE: How to Reduce Hive's Inflation Problem - Our New DHF Proposal Voting Criteria, HBD APR, and a Proposed Value Plan S.O.P

in #dhf16 days ago

1/ maybe, though I've done this many times it's a long and thankless task when you don't have the support of the biggest whales. I guess I'll just have to get back to it since we've just lost our funding.
3/ I was mostly talking about devs being employed by the projects, not project owners.

Sort:  

1/ seems ur funded again
3/ im referring to both. stake holders diluted to keep "talent" around is a totally unacceptable scenario to both the reputation of Hive builders and stake holders. Like i say, DHF outflows must be cut, and we can maybe find a balance where everyone can win and the people both voting for and receiving DHF outflows may have a chance to save their reputations as people who can avoid Zumbabwe style money printing into oblivion. Have no doubt that the votes and DHF outflows are on chain and everyone can see who is contributing to the situation.

Yup.
My point is that cutting waste is essential, but halting a project is not as easy as pressing pause/resume (depending on the size ofc), and I don't expect a miraculous price recovery from just stopping everything.
I guess we'll have to agree to disagree on that part.

Never said to stop everything. And I agree that there are still ongoing projects with CRITICAL tasks. However, We also have products that can be marketed right now, that work perfectly well and we are not marketing them.

The only way out of this is via marketing what we already have and growing back up to 70 cent Hive or so, when we can then afford the luxury of printing 3 million usd per year out of thin air to fund vanity projects like rally cars, pipe lines, and water wells, amongst other things. I also think that the existing projects that have funding are being funded far beyond what is required and that they should be looking to bring in their budgets so that we do not inflate the chain any further.