It would be great if they could explain what safeguards they have in place to mitigate bias, and to avoid a conflict of interest.
This topic has been brought up before, but instead of providing an explanation, or reassurance to the public, there was just a bunch of yelling and “trust me, bro” replies.
This is why I, and why I always will, simply pay for what I use and support the devs that are open with their stated goals and outlook on their projects, directly. There’s no reason for me to donate to an organization, when I can pay/donate directly.
Direct funding with bitcoin is a much better alternative than sending it to somebody who then gains power and kingmaker status.
Radical sovereignty.
Radical leverage.
Radical connection.
Orgs are great when you aren’t in touch with the people you want to support. Our devs are *here* and you can talk to them and support them directly.
Whole point of BTC imo.
I can’t figure it out for the life of me. Why would people give their precious sats to a middle man.
Laziness? Lack of trust in themselves and their ability to decipher value?
Like you said, we have a direct line to the people building the future we want to see and be a part of.
Rich people do that! They just know that there is a dedicated team who have been in bitcoin for a long period of time that can figure out to whom to pass this sats. Plus don’t forget that for the big donations you can write it off on your taxes.
Yes, I understand the tax implications and understand what wealthy people do. I’m referring to small nobodys such as myself. For me, the tax savings are not worth giving control over to a board, which may not be aligned with my objectives.
Very true words. There is no good reason why to send sats to a distributor when you can directly tip the creators you want to see supported.
On the other hand I see a point in for example ETFs not giving sats to creators they like but rather to an organization that is already trusted and committed to doing this without a focus on the ETF's interests.
But then again I would prefer if big donors would setup trusts themselves instead of just feeding one king-maker.
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I pay too.
But the users instead.
The users are even more important.