I have to step in because there is a bit of misinformation you are pushing
The current cost to buy 35M HIVE is $6.5M. Someone could spend $6.5M on HIVE, make proposal to suck HIVE dry and collect $210k per day (current unused DFH daily budget) for 31 days to recoup their money. After that, they could just keep collecting $210k per day. The use 10-20% of the money to buy more HIVE each day to ensure their proposal is always getting funded with a massive self vote.
Without getting into what "value" different funded projects bring, let me just say how this will not work. If this happens, hive stakeholders, myself included will have 1 month to vote on return proposal to stop this from happening
It is not easy to buy 35M hive from the market :) Why don't you give it a try? I recently help purchase 1M hive for the sps.dao, so I know how hard it is to buy 1M hive, let alone 35M
That said if someone does buy 35M hive from the market, I will invite you to my yacht for a dinner, because I will be able to afford it :)
Cheers!
PS. You did mention that "you do you, universe will do universe"; thank you for that. It's a deep thought.
Hello, yep im aware buying up 35M HIVE might be hard and would certainly increase the price. I bought 350k HIVE a couple of months back within 20 minutes and had no problems but 35M might be different. And yep, im sure the return proposal would significantly increase if someone were to try this.
I look forward to having dinner with you in the future. 😁
So the concern was unfounded. That’s all. I am glad we are aligned.