I was going to say hard to say with a deterrence effect, but then seeing 12 HBD being sent to them hourly ( https://peakd.com/@hivewatchers/wallet) from the hive fundation , with very little hive power, and then dumping it into a savings on a dummy account with $77k HBD (https://peakd.com/@nuttin/wallet ) I think it is obviously no at this point.
I think they can be self sustaining without needing to be subsidized further and the training wheels can be taken off. Assuming they own the nuttin account, and the apr is 20%, that's still 42 hbd a day. If they continue to get 290hbd a day and the 42 from interest, then this time next year, it could be 110 hbd a day in interest.
In closing:
1.) Much better case for delegating HP or RC to projects than giving hbd. The foundation gets to keep its resources, and the dev can still use the HP/RC as needed.
2.) I think the 20% apr is ridiculous myself; that it is a ticking time bomb.
I fail to see how. That barely keeps pace with inflation, IMHO. In fact, I don't think it does. Better minds than mine, to wit Edicted, have thoroughly detailed why 20% interest on HBD savings are not any kind of threat to Hive, and you could have a look at his catalog to see his posts about it.
However, I agree with the statements you make about HW. Frankly, as long as they're opinion flagging I reckon they're Hive's enemy that is preventing the price of Hive from mooning. Without free speech, Hive is without value whatsoever. Whales flagging creators for their opinions reeks worse than skunkwater, and we should be supporting the victims of that censorship as I do with donations that cannot be flagged away so that the censors give up.
I, and I'm sure you also, want Hive to be a better platform for free speech than fakebook or twatter, that egregiously censor. Hive isn't a better platform for free speech or it would eclipse those platforms, and the only reason it isn't is opinion flags like those HW flies on content creators that aren't spammers, scammers, or plagiarists.
That's what I like Hive. Everything is transparent and no one can hide their bad behavior
Except when they do stuff off chain, which bad actors with above room temperature IQ will do.
This is why HW uses Discord to arrange the humiliation ritual people have to endure to get off the blacklist. Bad actors do what bad actors do, and HW does this off chain so you can't see it.