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  1. Geert

    Pre-Proposal: Solving the 'Free Money' treasury problem

    So let's say all the MNO proponents switched to the DCG plan: 74 + 485 + 307 + 80 - 112 -15 = 819 net votes. The DCG was basically the same plan as the MNO except not as extreme. 60% of passed proposal funding was borne by the MNOs with the balance taken from potential miner rewards. I don't...
  2. Geert

    Pre-Proposal: Solving the 'Free Money' treasury problem

    We could have implemented the DCG plan and refined it down the road if it was not having the desired effect. Jumping right to 100% MNO funding of proposals was deemed by RT to be too risky. You might have the temerity to disregard RT's advice. I don't.
  3. Geert

    Pre-Proposal: Solving the 'Free Money' treasury problem

    @xkcd would you please explain in detail exactly what you mean when you say that the DCG plan risked "run-away budget due to socalised [sic] spending." I don't think you can because what you've written is nonsense. Just admit that you didn't like it because it was conceived by DCG...
  4. Geert

    Pre-Proposal: Solving the 'Free Money' treasury problem

    Ok, so we will keep the current system. No big deal. But you should acknowledge that the MNO plan is dead. It died when forro proposed it, and it died again when Rion and Hilawe proposed it. It's DOA. Drop it.
  5. Geert

    Pre-Proposal: Solving the 'Free Money' treasury problem

    Did the proponents of the MNO plan refuse to support the DCG plan in the second vote because they thought they would be able to pass the less popular MNO plan at a later date?! Are these people that stubborn?
  6. Geert

    Pre-Proposal: Solving the 'Free Money' treasury problem

    The whole point of the simultaneous proposals was to PICK ONE OPTION over the other, and so we can assume that the vast majority of MNOs did not vote for both. The for and against for the proposals basically mirror each other which is another indication that people voted FOR the one they liked...
  7. Geert

    Pre-Proposal: Solving the 'Free Money' treasury problem

    plan yes no abstain ------------------------------------- DCG 636 435 23 MNO 406 625 40 The results of the first vote demonstrates that the DCG plan would have passed if MNO proponents had accepted defeat and supported the other plan.
  8. Geert

    Pre-Proposal: Solving the 'Free Money' treasury problem

    "It's worth repeating..." "It's worth reiterating..." With apologies to Hillary Clinton: We debated. We voted. They died. Frankly, I don't know what you hope to accomplish. We are in this situation because people decided to oppose DCG for the sake of opposing DCG rather than accept defeat of...
  9. Geert

    Hello: I'm Darren Tapp (汤德润) a DIF Supervisor.

    I was surprised to hear that you considered USDt to be riskier than actual USD. What are the relevant risks? The risk of USDt is that is that the peg breaks. The risk of USD is that whatever financial institution is holding them can't or won't give them to you. USDt has been around a long time...
  10. Geert

    Pre-Proposal: Solving the 'Free Money' treasury problem

    Stan, unfortunately IMHO you never understood the DCG plan -- why it was structured the way it was. You wrote it off without understanding it.
  11. Geert

    Pre-Proposal: Solving the 'Free Money' treasury problem

    We are not even spending the 10% budget for a while now and you're concerned we will suddenly spend 20%, even if it's mostly coming out of our pockets? Pfft back to you!
  12. Geert

    Pre-Proposal: Solving the 'Free Money' treasury problem

    We had the chance to pass the DCG proposal, but the MNOs did not bite. The DIF can help mitigate the free money problem if we insist that entrepreneurs seek funding from the DIF instead of the treasury. As we have seen with Kuvacash and DashRetail, direct treasury funding of for-profit...
  13. Geert

    "DCG and DIF are requesting ~500 dash per month for the next 6 months for dash platform marketing warchest. Thank you."

    Yes Darren. Please get whatever help you need. Accounting is important. Maybe you can get informal help from one of your colleagues at ASU in the short term.
  14. Geert

    "DCG and DIF are requesting ~500 dash per month for the next 6 months for dash platform marketing warchest. Thank you."

    The lawyers have to be involved in these decisions. Is it possible to market Dash as a payment system? I would tentatively say yes. Is it possible to market Dash as a cross-border remittance system? Hmm, I don't really know.
  15. Geert

    "DCG and DIF are requesting ~500 dash per month for the next 6 months for dash platform marketing warchest. Thank you."

    Marketing a cryptocurrency is a sensitive thing. Our status as a non-security is on the line if we do it wrong. For instance, we can't market Dash as an investment IMHO. For this reason I would rather any major marketing effort be coordinated and overseen by RT. See the following document for...
  16. Geert

    "DCG and DIF are requesting ~500 dash per month for the next 6 months for dash platform marketing warchest. Thank you."

    Why couldn't this discussion have stayed in the "Dash Discord?" The "Dash Discord" should be like Vegas. You know -- "What happens in Vegas stays in Vegas." Let DCG handle the marketing and any requests for funds for marketing. If you have other ideas you're free to submit a proposal to the...
  17. Geert

    "DCG and DIF are requesting ~500 dash per month for the next 6 months for dash platform marketing warchest. Thank you."

    This is a hypothetical proposal put forth by stealth923 in the increasingly irrelevant and misnamed "Dash Discord." Essentially a brain fart... stealth923 01/25/2021 The hardest part is the first step. Seriously if the proposal said "DCG and DIF are requesting ~500 dash per month for the next 6...
  18. Geert

    "DCG and DIF are requesting ~500 dash per month for the next 6 months for dash platform marketing warchest. Thank you."

    You cannot compare Dash which is a purely capitalist enterprise with TSLA which is government sponsored psyop. Every dopey Tesla buyer receives money from their federal and state governments. The ultimate goal is to outlaw internal combustion engines in private cars and to outlaw driving your...
  19. Geert

    "DCG and DIF are requesting ~500 dash per month for the next 6 months for dash platform marketing warchest. Thank you."

    Thank you and welcome aboard. Today's in-flight movie is a sci-fi horror film entitled, "It Came From the Dash Discord."
  20. Geert

    Pre-Proposal: Solving the 'Free Money' treasury problem

    What are you talking about? There was no vote on burning Dash. The DIF right now has the option and can conceivably burn Dash if a majority of the supervisors decided it was the right thing to do. Buying and burning Dash is the only legal way the DIF can return value directly back to MNOs...
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