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RE: Goodbye dayjob. All into steem!

in #steem • 8 years ago (edited)

There isn't millions to allocate from witness funding at all. Currently power-downs for a long-running witness run about $2000/week and if you value SP at 100% of par (questionable), accrued SP is still only about $4000/week. I'm running negative just to maintain funding to projects that I want to support, delaying cuts until it is clear the market won't recover. So if you do need that kind of funding then other sources will probably needed anyway, unless there are some big STEEM price increases soon.

8 years ago in #steem by
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     8 years ago (edited)

    at some point that won't be avoidable at all probably

    In the long run it will have to find support from the scientific community. We're not there yet though :) And to a big part it's up to us how fast we want to/can get there.