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 #dhf4 hours ago

Stakeholders can certainly reassess how they vote on proposals, and you are free to advocate for this, but if you want to directly affect the DHF payouts, the way to do that is for stakeholders to vote for the return proposal and stop voting for some or all other proposals.

I'm largely in favor of this, but we also have to accept that if it doesn't happen, we've been outvoted. Stakeholders have differing views on the value that proposals bring to the long term viability and success of Hive, and how to weigh this against a particular short term mechanical calculation of inflation level. I'd also say that for a platform that has only limited present success, longer term initiatives are pretty important to extremely important. But that doesn't mean wasting money has value. So it's all a balance.

Sort:  

Yes, totally agree, however, should those long term initiatives not pan out (which is also possible), then if we are all aligned on that, there is no one left here with credibility when it comes to monetary policy. Im not saying i know everything, but i know enough to know that if those long term initiatives dont work out and we keep printing money, it is highly likely that we are going to zero, or to a place where our reputation sustains such damage that it cant be repaired. So this is in some ways a hedge against that, for members of the community to act to demonstrate that there were people who stood on the other side of the "$££ money printing at all costs" of the argument, such that if it does all go to pot, then some people can express them selves here and maybe stand a chance at another shot at this DPOS community, Network State stuff in the future. As if we carry on printing money like we are and it does go to pot, there is no one here who will have a second chance after that, it will be over, making Justin Sun laugh, which i cant tolerate the thought of.

Well, printing is only way to go to zero, but not developing into something more compelling and self-sustaining is another way.

Yes, agreed, another way to look at this is that we have what we need developed already, if we start using smart, cheap, measurable marketing initiatives, we can start onboarding users with what little money we have available at the moment. This could cause growth and allow us to earn back the right to spend again, as long as it’s proportional to the market cap.

Imo hive dapps are good enough. Far advanced to almost anything on the market, they just need good marketing.

Obvs if there is something that is critical and can’t wait on the core side, then maybe that needs funding. But as it stands, the hive chain is pretty great in terms of what it has built and can go to market as it is if needs be, minus maybe a few more relatively easy to build features on the dapp and tools side at least

Loading...