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Hugo explains very well why Naval's idea (likely) won't work.
I think Naval also incorrectly assumes that developers are driven by monetary gains. You'll probably attract more, but not better ones.
IMO the best devs are driven by ideology and/or itch to scratch.https://twitter.com/hugohanoi/status/985073633419673600 …
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The main reason I want a high bitcoin price is mostly so that the top developers don't have to worry about being able to pay the bills. I am assuming that they have (enough) bitcoin though. It is far easier to pursue your ideals/dreams when you have the money for it.
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Yeah there were quite a number of devs who got involved early & are now well-off, which is great. However, for every existing great Core Dev, there are potentially 10/100 equally talented ones out there who hesitate to contribute because they're "late" or more risk-averse.
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Yep. There is a general funding problem you see throughout Open Source development. I think most do incredible and incredibly important work, yet they have to do it alongside
$job. https://www.coreinfrastructure.org/ came about when some realized the whole internet was dependent on it.
End of conversation
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The reason for my tweet was 2 fold. What I've seen wrt Joey Hess (and frustration that even he doesn't meet his *very* modest funding goals) Personal experience about taking a significant pay cut to work on things that I believe in. Iow I got far happier with a lot less money.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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