Its 1.6 million hive. Why not Do 50K hive now, and 35K hive when hive gets to 3 usd? so that it does not dilute investors?
If ppl on hive want to mint new whales for doing work that is comparable to others who have worked for free for years too, then an alternative approach is that the ppl who want to mint new whales on hive using the DHF, instead think about contributing 50K Hive each themselves from their own accounts. That way investors dont get diluted.
Why don't you defer your income until Hive hits $3?
I dont have an income, I work full time on Hive projects. Ive been deferring for 9 years now. Im far from the only one either. It is normal practice, where executives in companies dont get pay outs until they produce results and, as a result, profits flow in and the market cap of the stock of that company passes a certain amount when the board votes to issue people stock at higher valuations so as to incentivise growth and at the same time not dilute investors significantly. So what im proposing above is very reasonable and normal practice. Companies that pay out executives at all time low stock prices while at the same time diluting investors significantly do not last long unfortunately and also sit in incredibly grey legal areas for doing so.
Well, you have the chops to back your words, because you do work hard on developing the Hive ecosystem, but I've never sold a single token, and don't begrudge folks getting paid for their work that do. Everybody has differing circumstances, and sometimes we need either to get paid or to move on to something that pays.
I don't want Crim to move on. I'm pretty sure you don't either. Crim's ask isn't the problem Hive is facing of $M's being drained out of the DHF. You and I both know who is.
im not begrudging payment, see through the thing that makes you think that im against the payment here. at not point have i opposed that. i am opposed to so many hive being given to one person at the all time lows, and if it were me, id have taken a small amount now to get by and a large amount later. anything else looks like whale minting at the lows. its a terrible look. if ppl who dont buy in get to be given such a large amount of the token at the bottom, which dilutes the accounts of people who did pay in significantly, which this does, then you know what that is right?
Like I said, each person's circumstances differ. I do a lot of work without any compensation other than goodwill, so I deliberately manage economically in order that I can do that. I'm not interested much in optics, but find actual fundamentals compelling. I neither find exchanges to only have value in one direction, but that workmen are worthy of their wages. Some people put in one valuable, and some another, and when they voluntarily exchange valuables neither side exclusively benefits, but both gain simultaneously.
You didn't respond to the actual cause of dilution I mentioned, which isn't Crim's ask, and which your discussion should to consider the actual consequential impact on Hive users. Avoiding addressing that real dilution doesn't indicate nescience of it, but quite the opposite, and further suggests intent, even if subconscious. The DHF hemorrhages $M's with but little scrutiny, and shining a spotlight on some $K's of outflow and acting outraged is tantamount to sleight of hand, like a stage magician's comely assistant distracting from the prestidigital manipulation that makes the trick work.
Finally, when you compare folks that buy in with cash, and folks that earn sweat equity, you ignore the bulls in the china shop that mined their stakes in 2016 and continue charging through the aisles today.