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RE: My thoughts on DHF and Blocktrades

in #politics6 days ago (edited)

Blocktrades is big and will earn well from curation, but he's not posting much.

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.