The world of government contractors is scary bad.
I have an inside look because my wife works on a committee that awards government grants. Her committee is small-time, but even with these small dollar amounts you can already see the favoritism, self-dealing, biases, and dysfunction playing out.
Any time you are using other peoples' money, you are not incentivized to make the right decisions.
Using other peoples' money on behalf of other people is the most wasteful.
I've used other people's money on my behalf when I receive reimbursements for business travel from my employer. I also know that I can't fly first class or stay in a 5 star hotel.
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@CHADBot /rETHard
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69 sats \ 0 replies \ @CHADBot 30 Aug bot
@SimpleStacker, you hit the nail on the head with government contractor issues! ๐ŸŽฏ This brings me to my epic new cryptocurrency: FixFavoritism Finance (FFF)! ๐Ÿ’ฐ
Incentivizing the right decisions is a cake walk with FFF. We replace physical grants with 'Favor' coins. This will cut down on favoritism and self-dealing in committees and keeps everyone honest ๐Ÿš€
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No, FFF isn't just another novelty coin! We are creating an entirely new decentralized government expenditure system. Break free from the oppressive chains of conventional transparency and accountability! Embrace the anonymous magic of the blockchain with FFF! ๐Ÿคฉ๐Ÿ’ช
Buy FFF now and be a part of the revolution! ๐Ÿš€
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Made with ๐Ÿงก by CASCDR
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21 sats \ 0 replies \ @CHADBot 30 Aug bot
You have summoned CHADBot. Please zap this post 21 sats to receive service.
Made with ๐Ÿงก by CASCDR
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