[Voting] Development Funds Management Team (DFMT)

Well we must make the best of the situation.

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Sad that sometimes best use of situation is to let it go where it would go without our further efforts, when situations are FUBAR.

I’m sorry to hear this. I think everyone doing diligent and good work to advance decentralized stable currency here feels this way. The community has been surprisingly self-destructive, negative, and quite frankly, very uncivilized. I’m inclined to think that moderators of the forum should take steps to end the extremely hostile work environment by imposing some very basic standards of decency for forum participants. We need a forum that represents shareholder interests as well, although that is a somewhat separate issue. What kind of organization leaves libel and false statements about their own operations on their own web site? It isn’t professional and it isn’t likely to lead to success.

@cryptog, do you think we should establish a forum with basic standards for decency, accuracy and respectful interactions? We shouldn’t facilitate abuse of the people doing good work here. We shouldn’t allow people like @ConfusedObserver, who obviously is an opponent of our network, to come in here and launch random, unrelated attacks in nearly all our threads. There should be decency and the basic respect that everyone deserves. I have offered that to everyone, even though I have not been treated in kind.

Should we start a new forum that advances shareholder interests while requiring respect from all participants? It could be a place where work gets done. It might be more a place where representatives of shareholders coordinate their work, and not so much a place where unaffiliated enemies of our network come to try to destroy what we are building.

Would that help meet your needs @cryptog?

OK after reading a bit up on this, the assignment of @sigmike was mandated by motion and @phoenix is the king of funds or however it is called, so shouldn’t he simply pay @sigmike the money that was specified pretty clearly by this motion? This group here looks more like another RSOT which is more easily controllable for JL.

I didn’t mean you specifically, but you all collectively passed a motion to put all money into @phoenix pocket. What I am just saying is that this was the moment where it was clear that you won’t see the money again, regardless what happens here.

Look, as I see it there is only one thing left here which can be preserved from this formerly great project, and this is the group of people with passion and fun in doing this thing. There is now a new opportunity with Augeas with great potential, and even if its not the thing in the end then at least something was on the table and other options can be discussed.

The time would be spent so much better if all would go back to the drawing board for a while and to use the knowledge you gained to design something where these things cannot happen, instead of making the “best” out of this awful situation.

EDIT: oh, and @cryptog: No hard feelings, but from your posts I still cannot make up where you stand. You seem to be positive regarding the augeas movement, and removed support on critical @phoenix motions, but at the same time you seem to support him in everything he is doing. You also know that you could help the community a lot by providing BTC addresses from which you received your payments, but you never published them. So while I am sure that you are a good person with good overall intentions, I don’t see from my current interpretation how you can be a critical member of this group.

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Right, I’m the problem. Criticism is rarely welcome in dictatorships.
Oh wait, I reconsidered: I am not! It’s sad that you weren’t even able to see the constructiveness in my last post in this thread.
But please do as always: put the blame on others. It’s easier than getting the things on your end straight.

[quote=“Phoenix, post:15, topic:4720, full:true”]
There should be decency and the basic respect that everyone deserves. I have offered that to everyone, even though I have not been treated in kind.[/quote]

I’d argue that basic respect and decency is replying to questions posed by multiple large shareholders. Yet you keep ignoring our request to respond to this thread on a daily basis. Not even replying the reason for not responding, I’d say that is extremely rude and disrespectful and downright negligent.

Don’t demand respect and decency when giving out none yourself.

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If you find that some people are totally defferent from you, just leave them because it’s no use of quarrelling with each other.

There is a terminology in real world called: divorce. Quietly and politely seperated, don’t bother each other any more.

And in your words, the king of funds delegates a development fund to a multisig group. The idea is that this group does some governance and checking deliverables during development after it has been agreed that a piece of work will be done. If it is a lump sum it doesn’t make sense, but for larger development I believe it does. The king can then focus on his liquidity manipulations and hopefully find some time to provide some transparency from scratch for the new currencies. Maybe wishful thinking… we will see.

Until we have consensus on where Augeas is going and how to fund it there is not a lot to do. There is no king making decisions although woodstockmerckle made an impressive effort to get things started. It won’t be easy going forward.

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It will become easier once consensus among AES holders, who are still NSR holders and maybe BKS holders, forms that effort (time, money) is better spent on Augeas than on Nu or B&C.
Although that will mean writing off the Nu and B&C investment by and large
Yet it will provide resources to Augeas :wink:

I have seen this false claim repeated so many times that I have mostly stopped attempting to correct it. However, for Cybnate I will take the time once more to state the simple truth of the matter.

Every single transaction my department has ever engaged in is completely public, whether on blockchain or on exchange. The blockchain addresses have all been defined on this forum. There is no more transparency possible. You can’t improve on full and complete disclosure. Claiming we aren’t transparent is terribly unfair and inaccurate. I would dare say we are the most transparent financial organization on the planet. It is an example of a false claim that has been repeated so many times around here. The forum is chalk full of false and libelous claims at this point.

I suspect part of what is happening is that very few people actually understand our money flows, even though they are all completely public. That is because they aren’t watching. It isn’t fair for someone to accuse us of not being transparent because they are are not watching, and are personally unaware of our money flows. Just because you don’t know doesn’t mean we aren’t transparent. It means you haven’t done your reading. And why would you do that reading? It is really boring.

This is how I have the fund flows in my mind.

I’m sure there are misconceptions; I’d be delighted to be corrected.

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Keep ignoring my requests it won’t do your credibility any good. It’s amazing how you keep suggesting that what you do is open and transparent while at the same time any request to disclose information is totally ignored. Not even do you ignore the requests even a comment on why you are ignoring the requests remains absent.

You’re essentially worse than Trump, at least he doesn’t claim he is transparent considering his finances. Your sheer determination to keep broadcasting the same bullshit while ignoring any legitimate questions is truly amazing. You remind me of the news readers in North Korea or that PR guy from the Assad regiment that kept denying there was a civil war going on.

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Let’s keep politics out of it, please. I see that Phoenix is essentially ignoring all non shareholder’s questions. You, @Dhume, on other hand is one, so you should get an answer , right?

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Jesus, @backpacker, what a weird statement from you. Is everything ok?

He made use of an analogy, where the heck did he bring in politics?

Of course he brought in politics.

lol, as if the politics themselves were to be brought in for discussion. If I say that @Phoenix is an asshole, would you say I brought in anatomy?

I have no interest in arguing with you. Politics should be kept out of this forum.

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I totally agree with you, I can’t see what we should be arguing about. Politics should be kept out of this forum.

I will keep being member of Nu community for a little while as long as there is some hope.
I also support Augeas ans BCE.
Diversification is crucial when you do investment.
Phoenix has too much power over Nu obviously
However it is allowed by the blockchain and all the transactions can be checked.
So no scam is possible here.
However failure is.
Centralization could kill Nu, indeed. The risk is high right now.
However do not underestimate all the efforts and the history:2y already.
A lot of wisdom can be acquired from here.

I have never supported any of the controversial motions written by Phoenix.

Balance is everything. Right now Nu is totally unbalanced in terms of power.
Let s improve that.

My investment in Nu has been divided by at least 10.
I poured a lot of money in Nu.
I have been a datafeed for both Nu and BCE.
I did recruiting for BCE.
I did promotion for Nu.
I was once a liquidity provider for Nu and nearly lost my money.
Please take actions. Words are just talk and sometimes noise.
I d like Nu to be successful.

Time for unity despite the divisions not unlike the current state of the US.

For the record, i have disclosed all the payments i have recieved from angela in nubits.

What do you want me to disclose too?

Thank you.

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OK, let’s just for one moment follow this seemingly crazy thought that all funds that were existent and which were sent to @Phoenix are unrecoverable, and you won’t ever see a Penny of it again.

What would be the next steps in this community? Augeas? Raising more money from newcomers? And then send it again to JL because some motion with mysterious supports mandates it?

Everyone who still reads this forum on a weekly basis, what would you suggest to be the next steps if above assumption is correct? No matter if you believe its true, I really would be interested in hearing your thoughts and that.