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RE: Hive Whales Are Our VCs! .:. Late Night Blogging

The problem with VCs is that at some point, they will want to get the profit from their investment. At least with the DHF, the focus is more on the people on Hive and we want the blockchain to succeed. I just think that Hive isn't the perfect solution but at least it's way better than the VC related stuff. I do think that everyone here should want Hive to succeed.

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Do you think that on HIVE proposals there is no "window" for taking out profits from their "vote" investments? Without the control, and reports on what is done with funds received from proposals, there is a huge opportunity for abuse... But, let us assume there is no abuse...

Why would I finish the project tomorrow, if I can ask for more funds for the same thing for another year? The problem is in "having a skin in the game" as someone said in the comments, and responsibility for taken actions... Without that, it is hard to be motivated to do YOUR BEST...