i think the problem is actually the opposite there is too little funding the more open source contributors we have the stronger the ecosystem contributors should not have to struggle to pay bills, that just makes them distracted and cheaper to bribe

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the axiom's avatar
the axiom 1 year ago
ethereum has way more developers than bitcoin and nostr they are very well paid the result is shit because most do not care the slightest about the work
I struggle to pay bills like every normie. If I become a “contributor” I won’t have to worry about bills? Gosh darn I think I’ll do my best to convince the right people that I deserve funding. Lots of very important work to do of course.
This is a fallacy unfortunately. We've seen this with politicians, CEOs, etc... Greed begets greed. It's actually putting a priority on having enough contributors that have values beyond currency. Donations are great, but allowing monies to dictate your dev flow, meanwhile pretending you're impartial is dishonest & can be nefarious.
💯 without funding innovation slows down… we’d be reliant on people’s spare time VC’s aren’t rushing to bitcoin because there’s no illusion of easy money… shitcoins are over funded because their incentives are flawed Bitcoin has to have genuine philanthropy and altruism to allow for experimentation In the realm of pure innovation you’ve got to have either unquestionable funding, big balls, or be totally reckless