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RE: Breaking Hive News: BlockTrades Votes the Return Proposal!

in LeoFinance3 days ago (edited)

Thanks for this comprehensive analysis.
I really appreciate it.
I would not have guessed the ninjamine was only an x3 for the DHF.

You only made one assumption I disagree with:

Now that it is in DHF, the funds can actually be used the way the community thought they should be used.

Again, this is not accurate. There is no money; there is only dumping on the liquidity pools, which dilutes the value of everyone's money. These are just coins printed out of thin air that should not exist. If we wanted the DHF to have x3 the funding then we should just give the DHF x3 the funding... but we don't want that so we shouldn't.

When Ned promised everyone "don't worry the coins are for development" that was a farce. He premined the token because he wanted all the power for himself. We can not magic up money out of nowhere. And now we as a network are continuing the farce and acting as though "no really the money is really for development!". Yes well if we want to print more tokens out of thin air we should just do that in real time rather than pretending like the 80M lump-sum ninjamine was a good idea.