- I don’t agree with the statement in the AMA that developers will set the agenda. I had hoped the development agenda would be set by profit-seeking miners who give funds to developers for the specific projects miners have decided are worth investing in. I’m worried this could easily turn into a slush-fund boondoggle for developers, a sort of universal basic income for them that gives them more leeway to turn Bitcoin Cash into science project instead of the tight leash and collar with clear success metrics it should be.
- I don’t agree with the statement in the AMA that most of the funds will be “general donations.” I don’t think forking over a pot of money and then saying “figure out something useful to do” is a very smart way to get useful things done. This seems to be a recipe for the kind of money grubbing and inefficiencies you see in D.C. non-profits, public works projects, and grad-school programs. Developers have the incentive to try bloat the budget as much as possible to get as much as the common fund as they can. The money should come with very clear goals, timelines and specific financial incentives.
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source https://www.reddit.com/r/btc/comments/eugk90/i_dont_agree_with_the_statement_in_the_ama_that/
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