Closing statement regarding the current SPL proposal (and all others for the future)

First off, let me state how hilarious it is to me to even have to do that. Voting on Hive should never come with personal consequences or a need to explain oneself. But here we are, some people seem to point to me as the single one reason why the proposal hasn't passed. Which is funny, because it actually did despite my voting preference, before the recent drama erupted.

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I want Hive to be operated as professionally as possible. Imagine going to a bank, asking for a loan, but not presenting a plan how the money will be used. You'd be insane to attack the bank or clerk and spread misinformation about them for refusing the loan. Now add to this that we're not talking about a loan, or even an investment, but pretty much a gift. It has been suggested by several community members that the DHF will receive some equity in the company, but that has been ignored completely so far.

Splinterlands is a for-profit venture. They have income streams, and it can be assumed that the owners/stakeholders take profits when possible. They had some serious mismanagement in the past, and hit a hard place. That's business life, and it's not the responsibility of Hive to fix it.
Crypto started because banks that took too many risks were bailed out. And now we're supposed to repeat the same thing here? On a smaller scale for sure, but relatively still significant. The request equals >0.5% of the total market capitalization of Hive.
I will not condone the capitalist mantra of "privatize profits, socialize losses", ever.

Nobody will change my mind on this, no matter how much pressure they exert. By defunding my witness in retaliation, all you do is demotivate me from working on my own projects, for which I have never went to the DHF, and don't plan to. I'm happy to contribute in multiple ways to Hive, and the witness position to me is a sign of appreciation and trust. I'm in crypto since 12 years, it's not about the 2-3k a month a top witness is paid.

The last update didn't add anything of substance, it read more like "a couple hundred k between friends don't matter". So, I'm done with this proposal. Waiting for the next one to evaluate.

To end on a constructive note, here some suggestions for future proposals - SPL or others:

  • write a professional business plan. Numbers matter. We strive to be trustless, but in situations where trust is needed, provide something to build it on
  • if you don't know the exact expenses yet, start with a smaller proposal which can be evaluated on its merits through meaningful data
  • if you're a for-profit venture, try to offer a kickback or equity to the DHF

I hope my position is clear to everyone now, and we can move on to more productive issues. Please support my witness, and if you have some spare time check out if you might want to contribute some writing to https://propol.is / @propolis.wiki

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