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kvinogradovtoday at 1:48 AM1 replyview on HN

The best long-term protection from fraud and abuse are aligned incentives through skin in the game. That’s why we legally require all people in governance to be Members ($1000+/year donation). This is an important topic, and here you can find more context on this: https://kvinogradov.com/osendowment/


Replies

PaulDavisThe1sttoday at 4:06 AM

I think this is really missing the point of the question. I know that it is common for endowments to be invested "in the market" - people believe that's the most responsible thing to do. But the question was about why do things the normal way? Why link up market performance of a set of investments with funding mechanisms for OSS? If you're going to be bold and try to fund something that is, in market and economic terms, quite off-norm, why do that using entirely normal systems that are at the core of a capitalist economy?