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RE: What is the Value Proposition for Buying Hive?

in #hivelast 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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"...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.