Please keep in mind that the foremost reason Rob started BiblePay is to be able to GIVE TO CHARITY. That '10% to charity' is and will always be an essential part of BiblePay. We need to keep adding value to BiblePay to please the users, so that we can keep on giving (hopefully more and more).
Give 5% from PODC and 5% PoBH to Orphans and no monthly orphan proposalIt did make me think about the structure of 10% charity as a monthly superblock you vote on. People could vote no.
10% to charity, is in my mind, like tithing... so perhaps we can consider getting 10% from PoBH and PoDC. Instead of 38.5% PoBH and PoDC received 33.5%. Then, it really is giving 10% of your earnings to God and in this way, we are using the tithed funds for the mission of helping the poor. Right now, 10% you vote on via monthly superblock doesn't feel like a sacrifice at all... This way, the sell pressure from the monthly superblock is less of an issue.
Reduce 300 orphans to 100 orphans going forwardI really think we need to vote down the next Compassion monthly superblock and just go back to supporting 100 orphans only. We have good intentions but support 300 orphans is not sustainable long-term without heavy participation from the crypto community and daily utility from the coin. I believe we can get there, but we are not in that position yet.
You have to cut expenses because the income is not there. Even not requiring team membership is not going to attract a lot of people. GridCoin people coming over may be only for Rosetta@Home & WCG. Byteball doesn't require Team to earn ByteBall, but they are less than 1% of the WCG total rac. Compare that to BiblePay which is much harder to join. I helped with tech support on BiblePay Air Drop, so I know first hand all the questions people ask and the dozens of people I had to handhold. ByteBall you just download the app and do a few things to get recurring payment. You'd think they would have everyone on WCG participating but that's not the case... So, the removing team requirement will not be meaningful.
This mean, we still have an income problem. And the other way to attack an income problem is to reduce your expenses.Im against these two ideas because:
1) We will be a true DAO if we continue to find high efficiency charities and vote them in as we do (with our proposal system)
2) We established a track record of 10% for charity, and its better to keep our promises over the long term
3) Reducing the 300 level: We already have a continuity plan, and that is when our buffer runs out, we automatically reduce the amount we spend at compassion. If for example we only raise 50% of the necessary expense and we already used up our buffer, then we will atomatically drop 50% of our compassion orphans (I hope that doesnt happen). Our system is self correcting. Then going forward we would be funding 150, until the next drastic drop, etc.
I will most likely be suggesting one unusual month for compassion this month however (IE 90% of our budget to compassion), and then suggesting we go back to normal starting next month. Another words, one big push to keep compassion and fast for our stability, and then next month, if we are still in the 10 satoshi range, we revert back to our normal size budget (IE 7 million for charity) and normal payroll, and our vendors start taking hits (based on lower liquidation amounts out of the 7 million).
(Rene on Facebook)
or check all accounts and maybe you will find who is selling milions of bbp 
