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RE: Value Plan Q4 2024 - Q1 2025 Bridge Proposal and Discussion

So, let me see if I understand ... VP is actually leaderless, and you are each doing what you are best at, and none of you takes responsibility for what the others do? I've seen models like this. Occupy Wall Street worked like this for a while. Of course, no idea what their run rate was because they didn't have a DHF ... but also, they didn't last all that long, either ... that's a tough model to sustain. Black Lives Matter Global Foundation tried that model as well ... about $90 million worth ... and its prominent people are likely to be hounded for the rest of their lives while the foundation has now become a byword and epithet for the right wing to shut down anything good that could have been done in that whole movement.

Now, as a practical matter ... when you all put together a proposal, can you each write down what you know about so the unified presentation has it all? For example, Vibes: what was spent where, and results achieved. Whoever does the car: maybe they can share their data. If each of you does that, the questions are answered, because it should sum to whatever VP asked for, and each of you knows how well things worked that you did. I do agree with you that Vibes, for example, is quite measureable -- can you each write that down for the proposals? Again, in 2023, there's a half-year and quantitative review ... I know VP can, actually, so I'm not seeing why it is such a problem. You could even just use headers in each proposal, and everyone puts their stuff under their portion. That way, people could understand how it works and who is responsible for what, and make better informed decisions.

One more practical matter ... I understand human beings hate being told "no," but do understand: VP is being told no every time one more person reads the increasing volume of posts against it and votes the Return Proposal. Human nature being what it is, if the Return Proposal does not have sufficient power to enact the NO, that NO eventually will rise to a pitch with the other unhappiness around Hive and its leadership in the crypto world that the NO will damage the chain's reputation. That will counter pro-adoption measures, profoundly, and I would think all of us want to avoid that.

Again, I'm not talking about VP doing Generally Accepted Accounting Principals (GAAP) type of accounting. Can VP get back to half-year and quantitative reviews, though? Can each of you just write down what you are responsible for and explain the structure that you do have so we know to ask you about Vibes and not about the car, and so we ask the person who takes care of the car about the car and not about Hivefest -- do you see what I am getting at?

I have been near the edge of burnout myself as a volunteer ... on a human level I can certainly understand the need to back up from that edge. Just understand, though ... "the work cannot be optimal, but hand us another $105K anyway, and then next year ..." OK. If that's the case, that's the case. I accept that your perspective is your perspective, and I appreciate your sharing so that I can have more reasonable expectations. I have shared what I would need to see to support VP -- see the previous paragraph for the simplest iteration -- as well.

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