Quote from: 616westwarmoth on September 10, 2018, 02:00:08 AM

There is a saying, trust...but verify. One of the four blocks for coin success (in my book) is trust, and the Compassion bills go a long way to proving our funds go where they should, more could be done.

I trust the dev, I also feel that a block chain report showing when coins were sold and for how much would be a good addition to the charity proposals. If coins were pre-sold and then the actual coins from the budget replaced them, it should be fairly easy to show in the block chain which again, would intensify the trust in the project.

I'd also propose funds be sold daily for 20 days after the superblock, 5% per day at market rates. And I'd like to see the Foundation handling this process rather than it falling on one individuals shoulders (since the accounting could become a significant task). And again, a block-chain report showing BBP-BTC transaction, BTC-USD transactions and the corresponding values.

Nah, the way we have it now is better. Its sort of depressing that I have to get on here to explain it.

We already know that an expense was paid from a superblock out to one of our team members (its obvious, we had a superblock coinbase transaction emitted).
What you need is to verify that compassion RECEIVED THE FUNDS. Thats what the PDF is for. You dont need to go and check "a transaction was sent" anywhere (what would that prove, a fake rabbit trail exists?).
So thats the expense record. Then you need a revenue record, showing the amount raised in the liquidation (thats our income record that we already have). If someone doesn't trust the amount I received for the liquidation then I guess thats when people should vote for someone else to handle that function (but no one ever questioned the Amount that I liquidated 8.6 million bbp for, any month yet).

No, we don't just say that Jaap will always handle every superblock liquidation in the future (IE biblepay foundation). We want to be decentralized. So, again, the way we are developing is as many distinct hands as possible that can legally handle each vendor is better (IE with crosstraining and expansion).

The biblepay foundation is being birthed out of the necessity to have a tax-id number for some fiat liquidations. Where its required we have to use it, but I think if we forced everything through Jaap that would be centralization, and would be less trustworthy than having an increasing number of liquidators.

Regarding 'adding more processes' ie 5% per day, There is a limited amount of institutional investing into HODLs and even less into biblepay until we grow our base.