My wild speculation is that when you funded STEALTH you were unaware of another DAC being concurrently developed. I think it's a possibility you have been given some of the 80% of STEEM they initially mined themselves (& obfuscated in their Bitcointslk announcement) as some form of compensation, hence your multiple post support for a DAC that I would think you would otherwise not be thrilled about in your position.
I am sure! (or something similar)
I can't find myself another explanation
You may have a mean spirited and grasping myopia if you can't find yourself another explanation.
The fact of the matter is that Bytemaster offered to reimburse me from his own pocket the full amount of the investment that I had made into the STEALTH project when he determined that the vulnerability of inexperienced or careless users to losing their funds would be too high and unfixable within the time frame of our original agreement.
I found his offer to be extraordinarily generous and indicative of his honest character and the integrity of his overall vision.
After much consultation with Dan and members of the STEALTH Board, I have accepted a 6 million BTS payment from Dan in return for 800,000 STEALTH. I reluctantly did this because I am in need of funds for other BitShares projects I am contributing to and because I had expected the STEALTH project to be at a level whereby I would be accumulating funds from it by now.
The new Plan:
I will pay 20,000 STEALTH each to two Team Leaders to move forward the implementation of STEALTH (in its new, more limited blinded functionality). Since they are being paid only STEALTH it will be in their interest to maximize the value of STEALTH shares in any way they can come up with (temporary fees, or whatever). This would benefit all holders of the STEALTH FBA.
I will provide the Team Leaders with a significant (but not unlimited) budget from my own pocket to contract the necessary talent to implement development of STEALTH up to an agreed upon functionality.
I will use a percentage of the payment from Bytemaster to help provide liquidity in the new STEEM ecosystem
I will use the remainder of the BTS from Dan, after the above disbursements, to create liquidity in the bitCAD, bitEURO and bitSILVER markets in preparation for hopefully widespread adoption of Ken's POS system and as a marketing tool for my presentation to a centralized exchange to entice them to add BTS, bitCAD and bitUSD (and possibly bitSILVER and bitEURO) to their current lineup of bitcoin and ether, fiat CDN and fiat USD. That way, merchants could move bitCAD or bitUSD they receive from their customers to that exchange and then withdraw fiat CDN or USD to their bank accounts to pay their bills.
I have not been given any position by Bytemaster in the STEEM initiative, and in fact I am, in comparison to many of you, at a disadvantage because I am not a miner. But I can read White Papers and I am a fairly good judge of character - so STEEM has my full support.
Interesting... so I have narrow minded view of facts because:
-My similar size investment in BTS never got an offer to be refunded/bought back.... so I should take your take on facts not mine correct? Or I will be labeled short-sighted/narrow minded, right?
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Let's assume the facts are as you state them... so you provide 45K for the development of BTS.... you did not care if other more important features are skipped because of it (let's call it a difference in judgments and your stealth was the best could happen to BTS as far as you are concerned)....But after 3+ month nothing comes out of it...all the rest is stopped...even more...a new competing chain is developed in total secrecy by the leader of BTS....
and you still support BM's vision? Vision where he promises and not deliveres, and instead launches a new 'personally owned chain'
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You getting back 6mil bts for 45K USD and 20% of not finish (mostly useless) feature might speak for your generosity and or desire to sponsor BM... but what is the reason you included that info above anyway? Paying 15K for non existing and never paying for itself feature is not a sign of a great vision you self claim (inferred by accusing other of short sightedness)?...
What I am coming to is...NOW you gonna take you efforts of providing liquidity? Now after 3 months in which you virtually delayed this feature by forcing another feature (that ultimately failed) in front of that?
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You can like STEEM all you want, but do not forget that your 'sponsorship' provided the best ground for it to be developed in private.... and STEEM is nothing more than a centralized entity trying to take advantage of 2 established cultural phenomenon (blockchain and social midia sites) in an effort to not do much more but grab money for 'select few'... maybe that is your intersection of yours and BM ideals...idk.