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RE: Do the DHF funded developers justify their funding?

in #hive6 months ago

Despite all the opinions on the rights and wrongs of where the money is going, the amount of money in the DHF is INCREASING.

The amount of money in the US treasury is increasing as well. Doesn't mean it doesn't impact the value of that money. In the case of the DHF, the sustained dumping of the HBD does in fact dramatically affect stake holders especially when it is handed out poorly and in large quantities.

To think we have plenty of money we should spend it on something is so short sighted and ignorant. That's a direct quote of the largest DHF receiver (by far) on Hive.

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My point is partially that the system is designed for the money to be spent. That's part of the advertised design of the system and part of what people bought into on that basis. It's all an experiment and so we need to treat it as such, but still - people invested on the basis that this money would be routed to projects that stakeholders supported.

I agree that the directing of the rewards pools is very important and absolutely does affect stakeholders. The answer, though, imo - is not to stop paying the money out - it's to cultivate better projects and have the money spent in better ways.

To think we have plenty of money we should spend it on something is so short sighted and ignorant.

That's kind of built in to the design of the system though, it's been there since day one. It works more for rewarding posts than for complex software projects and I am not for a moment saying 'throw the money around willy nilly'.

That's a direct quote of the largest DHF receiver (by far) on Hive.

I'm not sure who exactly you are quoting there, but for the record I have generally been opposed to the funding of much of what I see valueplan paying for.

My point is partially that the system is designed for the money to be spent.

Spending it poorly and wastefully on things not really helping Hive is not what it was meant for. Just because you can doesn’t mean you should.

100% yes.