The numbers sure do not stack up and common sense tells you there is more to these projects than what you would imagine. The borehole costs simply do not add up and the silence is quite amazing. I would be happy to put all projects on hold until a full review is done. The biggest joke is the rally car and there needs to be change of where and how these funds are spent.
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Thanks for your reply. It means more coming from the Hive OG's who grafted in here daily for years to build up a Hive stake only to look at the outflow of these funds which is taking thousands off the value of your account. Some people with account values under $500 are getting thousands of HBD for their projects. Some don't even post about it. Something is broken here.
Yes there is a definite need for change on how these funds are distributed and even more reason to grow the stake so our votes count. I am just disappointed when I see these types of figures as you question how is Hive benefitting from this as it is clearly not about Hive. I do not think having someone involved in the decision making should also have a project that is being funded either as there is a definite conflict of interest and is a serious no no. This would not be allowed to happen in the business world so why here? Sounds like what we see with government officials awarding themselves a tender, but at least that happens under another name. I am not saying they are crooked it is just not how things are allowed to happen.
It's great to have these kinds of discussions. We need to use our funds wisely. Just because we have a large budget doesn't mean we should spend it all.