I never said any of that, nor would I want a system that required that level of reporting. We need to find the minimum level to stop abuse and keep the network informed. I think if we have zero reporting requirements (such as where money is being spent) we'll run off a cliff.
OK. I'll have to have a think about that.
I also have been wondering how to hold blockchain funding applicants to account, but I would do it post-emptively, not pre-emptively because that puts the blockchain in a position of weakness.
I think there are better ways to do it that push the problem back out to the holders.