RE: What is the Value Proposition for Buying Hive?

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RE: What is the Value Proposition for Buying Hive?

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urun in #hive • last month

Well lower price is the best feature hive has now. It changes power from old hands and miss management to new hands that can force change.

But i see the problem with core devs also shield their " knowledge" behind walls. Dont talk to other people or share what they are doing.

Some dude made some version of smart media tokens ( maybe is shit) but got directly attacked by core devs since he randomly writes code.

I see only 1 way hive can become Fun and big. Make downvotes cost money ( voting power again, so its not free to attack) + Finance apps ( since free transactions and a native stablecoin used of it is smart).

Worst case it all ends up zero since i saw over the last years many projects, many DAO fundings of things that never happen.

From ETH fork to hive, smart media tokens, Smart wallets, Games and the list is endless.

The projects are currently building are IMO in a "thrive or die" phase.

Something i think about is a auto delegator of RC to new users. So they can post more without a limit, enjoy the platform and explore it without the need to buy directly.

This + finance apps ( multichain) can be a thing IMO.

And well, i know posting doesnt mean ppl are "entitled to rewards" but is how its displayed. Since Users use a "upvote" like a "like " on other social media platforms ( to show they did read it or send a reaction to it).

last month in #hive by urun

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valued-customer last month (edited)

Make downvotes cost money

I like this idea, but JPMorgan proves it's not enough to prevent destructive use.

You seem not to be aware that social media is the largest sector of global financial markets, and grew from nothing to dominance in ~10 years. People need to communicate forthrightly and freely, and no platform currently available allows that on a global scale. All that needs to happen for Hive to conquer the world is for censorship and functional banning to end.

Unfortunately, we seem to have arrived at the end of the internet, because having to provide biometric ID to use the internet will eliminate dissent, and that eliminates the value of free speech which provides danger signals. That's why we need free speech, and why lacking free speech is an existential threat to our lives. That existential utility of free speech is why social media became the largest sector of global financial markets in only ten years. KYC internet is not existentially useful, and will lose market share back to traditional market sectors, like governance and insurance, #1 and #2 financial sectors prior to the internet, and today #2 and #3, right behind social media.

Losing the ability to access the internet without being personally identified will eliminate the potential utility of social media, and we will learn why free speech is an existential need. WWIII will explain it to us very clearly.

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urun last month

yeah well, i think Hive OG users will drive the chain into a wall.

Is like basic math + Blockchain never did work ( only on bitcoin because users dont fuck around).

you cant have a stablecoin that prints inflation and add no demand if converted. Thats a put contract without adding demand if cleared. Retarded design ( but on hive we dont do math).

You also cant have downvotes that punish people and overwrite the vote of another user, for free. That makes the biggest stake opinion ( on the social part) the most valuable, thats gulag shit ( and is not about the rewards, if you downvote shit from users, they all take it personal).

And well, @acidyo thinks a downvote attack can be easy countered, well with the 5 new users ( at max) a day, they leave from alone lmao. Is more about "code is law" but even this is on hive not the case.

Shit gets reframed from proof of brain to now something like " proof of cyclejerk" i think is called different. But Hivewatchers did write the term somewhere. Good for users to know that want to invest in Hive, the hive laws change randomly. Like HBD, sometimes 20% yield, sometimes 15%.

So some random 20 hive witnesses act like the FED without data or some guideline, vibe rates.

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valued-customer last month

"...thats gulag shit..."

It absolutely is. The whales become the shot callers, but no one is sentenced to Hive, so their punks escape. This is exactly why user retention is abysmal. You're also right about HBD interest rates. This isn't something that should be set by the FED, but should be set by inflation. But it's more profitable than actually balancing inflation to control interest rates for the benefit of the plutocracy.

What Acidyo says he thinks and what IRL does are very obviously twain, but he knows that, because I have told him. Hive should not be anything like a plutocracy because nothing is more centralized than money. I think Dan and Ned didn't expect the plutocracy to be so larcenous that it killed the platform, and thought that it would mimic IRL where Liberal Democracies ruled the world 50 years ago. That is not the case today, and what plutocracy does best is war and destruction, because that's what is most profitable.

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