RE: My thoughts on DHF and Blocktrades
You are viewing a single comment's thread:
I've had big accounts messaging me about proposal voting, but I make my own decisions. Yes, Blocktrades is big and will earn well from curation, but he's not posting much. Others can keep earning from that and build their HP to increase their influence.
Voting for witnesses and proposals does matter and we should take it seriously.
I've met Blocktrades and his other half. They are nice people and I think they really care about Hive. I would trust them to do the right things, but opinions on those will vary.
0
0
0.000
Met him too back in Poland, and I agree with you there 100%.
The thing is, even if he was a bad guy (he's not), he still would not make holes in his own canoe. That would make no sense.
Exactly! He has the most to lose if Hive dies. He runs the development teams and so is investing a lot.
Your comment is upvoted by @topcomment
Info - Support - Discord
BT earns from other mechanisms far more than social media. I'm not advocating for anything else, BTW. His expertise is far more valuable in the role he fills. However, his interests are served by maintaining limited distribution of stake, and while I am not accusing him of deliberately preventing wider distribution, the math is probative that preventing wider distribution secures governance to an oligarchy, and that is the present case on Hive today.
IMHO, funding from the DHF can only be availed to proposals that will adhere to contractual obligations and use GAAP to prevent fraud. Any lesser standards have proven to first, be utterly ineffective, and second, to draw allegations of fraud and kickbacks, that BT cannot avoid being tainted by as his support is critical to successful DHF proposals. I have observed he is prudent regarding susceptibility to regulatory hazards, and I expect he will be no less prudent regarding the hazards of unaccountable expenditures.
It would be insuperable to do otherwise and neglect his fiduciary responsibilities.