My friend Mark had an accident and I think he needs help paying for it. Would you give me some money to help Mark pay for his medical bills? Thank you, I'll just put it in my bank account until Mark asks me for the it.
Trust me, I'm trying very hard to let Mark know I have money for him. I'm going to send a letter to his parent's house so he knows that I have money for him, but only when I get $100. In the mean time I'll just hold on to the money.
Oh Mark never got the money you gave me to give to him?
Well, you only gave me $75 so I never sent him a letter.
Well, it turns out Mark isn't on speaking terms with his parents, so he never got the letter.
Well, he has health insurance and didn't need the money after all.
Where's the money now? I guess it's still in my bank account. No you can't have it back.
i'm thinking about starting to accept money on behalf of Hollywood stars like say Tom Cruise. Once $10M is collected (obviously there is no point in bothering Tom with lesser sums) i will do my best to deliver the money to him.
We shipped a UI/UX that was confusing. We originally used checkmarks to denote creators participating in the program but did not have clear language or markers for creators not participating in then program. Many have pointed out the problem with that, which is helpful!
That's all being updated now and will hopefully roll out very soon. We've heard the feedback and will make sure no creator assets are used for non-verified creators, that it's clear non-participating creators are not in fact participating, and that any tips sent their way will not in fact reach them unless they choose to participate. We're also adding more clarification around what happens to funds "tipped" to non-participating creators.
We want it to be clear if Mark is part of Brave Rewards or not.
Brave is about to push up a number of hotfixes to our code that address people's concerns. You can read about them here: https://brave.com/rewards-update/
You'll see an express commitment to consider whether to completely block out tips to unverified creators/publishers. That's not a thing we could fix overnight but we're acknowledging it might be the best move and committing to looking into it.
Except the money goes back to the Brave user pool and ends up in the hands of creators who have opted to participate. Brave's hope is that every content creator will eventually register to collect what's theirs. Their business model depends on it.
Before judging, please read their materials (and examine their pedigree). It's pretty clear they are thinking much, much bigger than what you're accusing them of. This a Google level play, not some two-bit micro-transaction scam (if anything, it's a little bit too ambitious).
This all goes without even mentioning the huge privacy gains to be had for end users if their model works. I encourage you to have a look into that as well if it's a topic you're interested in.
Time will tell if they succeed or fail. But if they fail, at least they'll do so "while daring greatly".