That's exactly how the DHF should work, then. The reason we're funding a rally car is that's it's free,magical money, and not anything anyone has any stake in. Send the Founder's Stake to @null immediately. Then we can leave HBD interest rates where they are, or even raise them, as
@demotruk points out we should during a bear to discourage conversions,
20% here we come!
When Hive hits parity with HBD, we can drop rates gradually to encourage conversions, which will also help to ease volatility. @demotruk, correct me if I'm wrong.
Did anyone see 'The Gods Must be Crazy'? The DHF is like that coke bottle that fell from the sky in the Kalahari, nothing but trouble, because it just fell from the sky. It cursed Steem, and now it's cursing Hive. Restore our fiscal diligence, our prudence, by burning all free mined stake that just fell from the sky. Nothing good ever fell from the sky.
There were towns that received incredible bounty of minerals that fell from the sky, and they would confirm that bounty was a curse instead, if we could ask the residents of Sodom and Gommorah about it.
RE: How to Reduce Hive's Inflation Problem - Our New DHF Proposal Voting Criteria, HBD APR, and a Proposed Value Plan S.O.P