Saying Buybacks move the market more powerfully when there is only evidence of sharp price declines since moving off the dividend model is pretty careless. Not to mention much of NuBits design is focused around the PPC dividend model.
Also, I never argued the need for more liquidity. I argued the centralized approach to it. There is nothing decentralized about the current liquidity system especially when one single point of possible failure is being granted 500k in funds at once. The second someone is able to compromise your systems or you decide to act nefariously everything is poof gone (not saying you would, but that’s our risk). There is no Nu Network left, at all. That is not decentralized and the sole reason I could never possibly without moral decay suggest anyone store value in NuBits or invest in NuShares. Which if I can’t tell all my friends and family to jump on the bandwagon with me I don’t really have fun being super involved. Everyone I know has fattened their wallets with me over the years. I’m not going to fuck up that winning streak.
Phoenix’s loss was not the problem but only a symptom of the problem… The problem is complete centralization with absolutely no community or investor oversight. In my opinion there is no winning scenario for an investor in the current climate.
Last, I didn’t say I was leaving. I’m just saying I started to put in a lot of work on motions to establish some fundamental changes for oversight but it doesn’t really seem like anyone cares? If no one cares I’ll just do some website work, keep minting (voting too) and watch the NSR markets for a bit… Trust me I have all the time in the world and an absolute obsession with cryptocurrencies/blockchain tech. Plus the money I make off of them! To me this shit is like high score in a video game. I’ll be lurking here as well as other projects looking for prime “blood in the streets” opportunities to get involved/invest in. So I’ll be around