I used @reverio to post a question but then I realized that it was not a post but a comment and have good chance to not be read, so here is the post!
Introduction
More than nice words, more than nice graphics, more than nice posts, more than nice bla, bla bla, there are only one way to show your engagement to Hive, and this is staking! Like it or not, at this stage no one will use Hive if there are no rewards/curation, does who benefits from DHF should stake, not dump!!!
Question
Should Hive DHF funds continue to support people/project that in most part of the year are in powerdown or transferring not DHF funds (rewards, etc) to Exchanges or other accounts that after transfer to exchanges.
Resuming:
Should DHF funds be used to fund people that don't stake or the ratio between stake and dump is ridiculous?
You may not care about this, you may think: "well, we talking about peanuts", you may not want to mess with the status quo, you may pretend you don't see, you may prefer to not express your opinion, all right! This could be a small thing compared with big things happening in Hive, I can agree.
But if this is a modus operandi, something is really wrong!!!
I have more questions, a lot of questions, but that's it for now.
Feel free to give your opinion, there are whales and sharks in Hive but you don't have to worry, they don't bite you, it's just a question of perception.
Thanks for following me!
While I disagree with most of the proposals (either the pay or the outcome or both), they are akin to being paid for contract work. Would you tell a contractor what they can do with the money they are paid?
It would be like hiring a painter to paint your house, then telling them they can only buy pink Barbies with their money.
Once the money is theirs, they are free to use as they please provided they satisfy the requirements of the proposal. If they want to put it in savings or spend it on a lifetime supply of bananas, that's their right, something you have no say in.
Sure they are free to use their money as they want. I'm not fan of any kind of control of people, I don't like "bigbrothers"!
What I'm talking about is you receive funds and at same time powerdown your stake (not the funds), what type of commitment do you have with those (community) that fund you?
Imagine you get money to promote coca-cola and have all your money in pepsi, for me it's ok, you are free to have your money where you want, if you want put everything in eggs it's ok to me. But if I was coca-cola I wouldn't pay you a cent!
If the proposal work is being done, then the proposal is statisfied is it not?
"Proposals work" all we can do.
Would you pay to someone to promote Hive and then realize that that person take all hive stake (once again, not the money from fund) from account?
Would you vote in a witness in full powerdown?
Would you support someone that ask you for 100 hive and then you realize it dump 500k to exchanges?
If you own furniture store, would do you offer the chairs to someone that will buy the table in other store?
I can be here all day :)
Anyway, from your reply I think you are ok with people being funded and powering down at same time. I'm also ok do not agree with that.
Just because it's going well with you doesn't make you a sheriff in town. You don't know what originality and content means because you are living in paradise. Perhaps when you have lost everything you own and stuck in a shit hole, then you will learn to respect hard work. No champion forever mate.
A more than valid question! For me the answer is a clear no, unless there is a good reason.
And your opinion about the subject? 😎
Yes, I added it later, as I assumed your question 😃
👍
Oh at first I didn't saw your complete answer! Do you know that this is happening with several accounts receiving funds from DHF? Thanks!
No, I was not aware, as I do not follow the proposals as well as I probably should.
I think great part, maybe the majority, also don't follow. I agree that there are more important things happening in Hive, question is, the "butterfly effect" really exists!
And hey! Lol I'm not a conspiracy guy!
They'd just send the payouts to an account that wasn't powering down.
It will be up to the crowd to enforce anything like this, putting it into the code is too fascist, for me.
Until the crowd can control its voting, and there is no disruption by adding compliance to the code, I'd think about supporting a requirement then, but not before.
IF the crowd doesn't control their voting, then they want the status quo to continue.
Let's face it, 5 hive accounts can approve a proposal, you can't do nothing about that. Saying this, I'm not fan about any kind of control! What should happen is, those 4 or 5 that alone can approve one proposal, think what kind of commitment should have someone receiving DHF funds or if regular Powerdown doesn't have to do with commitment. I personally just can make questions and that's all.
As long as those 5 accounts are staying ahead of inflation's dilution of their stake then this coin is dead, anyway.
Nobody knowingly buys into a perpetual money machine for the few at the expense of the many.
The redshields won't allow the competition.
Not that suckers aren't born every minute, but no way I want to be the exit liquidity of a rigged game.
I'm anxiously awaiting the finding out that my suspicions are true.
I sure hope they are not.
Can you pull the math from the data that proves the top x accounts will persist at the top perpetually from their returns and never have their control diluted by the inflation?
Imo, the only way the coin survives long term is to decentralize those with enough to control it all.
Once it takes 1000 accounts to hand out the first 50% of rewards, not 20, then hive has a chance to not spiral out of control by the crowd renouncing this blatant power grab by the early adopters.
As long as a death spiral amount of control lays in the hands of just a few of us, there is no reason not to expect it to happen given a good enough reason to precipitate it.
That will keep the people that can math from investing, and make suckers of those that can't.
I don't have problems with whales, I'm just trying to contribute with discussion to improve things that in my opinion can be improved.
No worries.
I'm just trying to foment a world that doesn't kowtow to the rich.
As long as money persists, so too does its exploitative systems.
Were our whales to disavow their power, that would be a great day, imo.
This book will give you insights that may prove valuable to you.
Thanks 👍
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I'd say probably not in "most" cases. Some people have multiple accounts too though. Not sure really, I suppose it depends on the situation.
This happened in the past and is happening and will happen if who can change this make something.
as someone who powered down only once (when I moved funds from steem to hive) I get your point. But at the moment I am in a state where I don't need my crypto for everyday living, so it is an investment for the future. And it is nice to participate in the distribution.
sometimes i do skip a vote if i see all liquid rewards, sometimes i don't as i do understand that 10-15$ can get you through a week in some places.
Some people probably have several accounts and don't want to keep the funds public. transferring it to an exchange and back to another account is probably the easiest way to "mask" it. it is not really effective but you need to do a lot of work to connect all the memos and addresses so it is kinda an option.
I'm ok with all of that and people should Powerdown when they want and need, I'm all for freedom and no censorship about that. My question is when you earn from community funds (DHF) and constantly Powerdown everything you have what's your type of commitment with Hive and community?