RE: LBI increases its PoWeR
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I understand your concerns with HBD, and assure you it remains an important part of the plans. This was just one of the things I did with the funds, and all of them were moving into HIVE priced investments. Yes, our HBD is below the 5K target for now, but I made the decision, and so far it has been in our favor. Time will tell if it was good timing, but so far the move is about $100 in front thanks to HIVE's price increase. That $100 would be about 8 months worth of interest on the 1000 HBD.
As for the LEO concerns, I don't necessarily disagree. My plan is that when I started running LBI, I'd treat it as a fresh start and work from that point forward, without looking at previous issues too much. Since taking over, I've cut the leo.voter delegation twice, almost in half, as a result of the unreliable payouts.
Overall, I made a call, and stand by it. My goals for LBI are much bigger than just collecting 15% interest on HBD, people can do that themselves if that is their goal. My goal is to put funds into some of the best layer 2 projects on HIVE and build this fund up over the coming years. I think we are much better off now than the path LBI was on a few months ago, overall. I get not every decision will please everyone, but I'm doing what I think is in LBI holders best interests for the long run.
Just make us rich sir