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RE: Hive is socialist

in Deep Dives4 years ago

I'm not entirely sure Hive is really that socialist in how it operates. I'm not convinced it is run for the common good. And there are some pretty powerful stake holders who control a lot of the power here, so I'm not entirely convinced it is democratic either. But it is early days, so we'll see what happens as it grows

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Good point, one can argue it doesn't follow the spirit of socialism, even though it follows the letter of socialism.

I expect the distribution of stake to spread somewhat out over time, it's a necessary requirement for the health of Hive's economy.

Something that could be beneficial is having some form of standardised promotion system where a large majority of the amount spent on promotion is burnt, with the bit not burnt being distributed to DApp operators that participate in the system. That would mean advertisers would essentially be providing money to hive authors in exchange for advertising.

I want to see Hive grow, and as soon as HF24's rough patches are worked out I'm going to look into onboarding people. LeoFinance is also doing great work onboarding new users but we need to use as many fronts as possible to onboard.