"...too many users have been selling too much of their Hive (or not buying enough) which is why we are in this situation to begin with."
That's one side of the coin. The other side of the coin is the ninjamine - which is not only the Founder's stake that has become the DHF on Hive, but many whale accounts mined their stakes being present at the origin of Steem when the tokens were mined into existence. Because DV's prevent distribution, they concentrate stake, and as the platform was dominated by that mined stake by ~36 whales at it's outset, because of DV's the platform is dominated by ~36 whales today, who continue to own the majority of tokens.
A while back I commented on Valueplan's funding proposal and recommended that everyone that wanted to prevent fraud vote the Return proposal. Until I read this post I was unaware that this had born the fruit I wanted to produce, and I, rather uncharacteristically, am feeling very justified by this act by BT. I hope it is intended to produce the result I have stated was my purpose, which was to only fund proposals that agree to provide GAAP (generally accepted accounting procedures) to ensure that fraud and kickbacks aren't siphoned from the DHF, as I came to believe they were after my discussions with Valueplan principals, whom refused to provide receipts even for disbursements that were stated by eyewitnesses to be theft by fraud.
I hope there is no worse news or problem this event is meant to counter, and that it indeed is intended to require proposals to account for their expenditures so that fraud, or worse, such as accusations of providing funding to terrorist organizations, cannot result from DHF funding. Adhering to GAAP can secure the platform, the community, and service providers to funded proposals from baseless accusations of malfeasance by demonstrating their disbursements are all above board and completely justified.
Thanks!