At current market cap, he's not making much
This was expected, and for me a big part of the reason why BTS is going to fail. Developers and others need to be paid, some of them have only this as their job, and with ever decreasing we would need more dilution causing more lowering in price; while other groups can happily fork the efforts and with good marketing can become successful. I only hope they sharedrop on us too.
BTS is NOT going to fail! You are leaving out of the equation the value being added by the delegates which is soon going to become more and more apparent. You are therefore, for whatever your personal reason (fear of success?), just spreading FUD.
And this is not first time of sumantso spreading FUD
Yes for cass second delegate
FUD or not, he makes good points. We won't get anywhere by just telling each other that all is well and good and ignoring the fact that we're kind of dangling over a cliff at the moment. You need to spend money to make money, and with every drop in market cap this gets more difficult. Just as DAC self-funding can be explosively helpful in a rising market, the opposite also holds true: a falling market cap is a death spiral.
Something, anything to boost the market cap is needed ASAP, or we will begin losing developers who aren't willing to put their livelihoods on the line to chase a dream.
You don't necessarily have to spend money to make money. Bitcoin didn't. Yes it's definitely better if we can, but I'm just trying to make the point that it isn't 100% necessary. I've been working full time for free for months now and I'm aware of several others in similar positions. I really dislike these kind of "we need something, anything" type posts like we haven't got a light wallet on the way, or multiple bridges, or a zero click shopping cart, or a massive decentralized marketing effort or multiple media projects or about 20 different teams working on other awesome stuff. If
you want to increase the cap, bring attention to these things and highlight them! If
you keep pretending nothing is going on then
you will decrease the cap.
Edit: I am in support of cass getting a 2nd delegate btw.