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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valued-customer in #hive • last month

"I think we need to find answers to these questions."

These questions were well answered in 2017, when a flood of new users to the platform began after April. The poor treatment by Web2 platforms that profited immensely from their social media posts, contrasted by the platform's promise to neither censor nor ban people for posting their honest thoughts, and the prospect of their audience paying them directly, was exactly what hundreds of millions of people wanted, and those that found the platform making those promises thought they had found it.

However, those promises were not kept, and ~1M users that undertook the onboarding process and learning curve were incessantly censored and functionally banned by the ruling junta DV'ing their every post and comment to 0. That was done to prevent the majority of stake held by that junta from being distributed to a large user base and depriving them of complete control of platform governance, which they retain to this day.

Today the foetid stench of that betrayal of the market continues to precede discussion of the platform, and pro-actively prevents new users from joining, and continually discourages users that expected to persist on the platform from doing so. The false claim that the platform is censorship resistant is widely known to be false, because the tens of thousands of influencers that signed up and intended to bring their audiences here made sure their audiences were well aware of what happened to them.

The only marketing department social media platforms need are popular creators happy to be posting their content on those platforms. That's the target the ruling junta censored and demonetized, in order to retain complete control of governance and money flows from the rewards pool. You seem to have come to understand this, from your most recent post stating you are powering down. It must have been very disappointing to you, and I wish I could do something about it.

I have tried with every ability I have to convince the junta that they would profit by relaxing their grip and making governance something each and every person had a stake in, rather than perpetuating their total control through plutocratic power, but I have failed. Several forks have tried to change how the platform worked, but none have succeeded either, while Blurt yet persists, it does so burdened by other issues stemming from centralization.

True decentralized governance of social media hasn't been tried yet, and claiming plutocratic governance is anything other than the age old Golden Rule by them that have the gold would be a funny joke if humanity wasn't staring WWIII down the barrel today, that a truly decentralized platform that enabled people to speak freely and be compensated by their audience might have prevented.

Thanks for asking though, and it was nice knowing you while you were here.

last month in #hive by valued-customer

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hurtlocker last month

Sorry I just caught this. I mainly have powered down cause I want to invest into something else. Also it wasn't a single factor decision on my part.

I actually updated my power down post to provide a better "explanation."

I think Hive has potential for sure. I think if people work together in a positive way you guys can come up with other value propositions to buy Hive.

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valued-customer last month

I hadn't seen that post before I commented, or, at least, not in it's current form, where you imparted a different reason for leaving. I'm not asking what investment is more attractive to you. I am certain sure that if Hive lived up to it's potential, no alternative investment would be more attractive, because Hive would utterly dominate social media, and be the most profitable investment in the world.

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hurtlocker last month (edited)

It’s not just purely an investment return thing though, A lot of it has to with the power component which does not really exist for other things in the same way.

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valued-customer last month

Good. I agree there are ways in which power of Hive as social media is unique, in which power on Hive is wielded uniquely, but I don't know which power you are referring to. I understand you don't want to wield power on Hive, and I respect that choice. I strive hard not to wield any power over others if I can help it. There are times when I must, but I do my best to minimize that.

I really wasn't trying to ferret out your reasons for your decision, because that's yours alone and none of my business. I'm happy for you that there is an investment you intend to make that makes more sense to you, and I hope you benefit from it as you intend to.

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hurtlocker last month

I'm happy for you that there is an investment you intend to make that makes more sense to you, and I hope you benefit from it as you intend to.

Even if it doesn’t work out as intended, which does happen sometimes, at least I won’t have to talk to anyone about it 🤣

Maybe Hive needs like “B” Hive tokens, tokens that I can use to curate but don’t have a roll in downvotes and does not have proposals.

Will this idea happen? I doubt it. If anything this “idea” is easy to say but probably very hard to implement in a way that would not have unforeseen downstream consequences.

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valued-customer last month

"...at least I won’t have to talk to anyone about it 🤣"

LOL

It can be difficult not to use power that is available to you. IME it's just as important to decline to use power you don't want to use as it is to use it wisely when you do. You don't have to vote on proposals. You don't have to use the DV's available to you. Nancy Reagan explained how: Just say no.

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hurtlocker last month

It can be difficult not to use power that is available to you.

I spent a decent amount of time studying philosophy.

I believe not making a decision is a decision.

Not everyone agrees with that but that is what I believe.

As you know, I’m always welcome to be proven wrong but I’ve spent a lot of time on that particular idea and I would be surprised if you could prove me wrong on this particular idea that “not making a decision is a decision.”

Cheers man. I’m going to get back to the party.

I’m way low on mana but it’s nice to see people still engaging in the comments.

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valued-customer last month (edited)

"...not making a decision is a decision."

I completely agree. As Rush related in the lyrics to 'Freewill', "If you choose not to decide, you still have made a choice." But this is not the same as exerting power. If you choose not to wield power available to you, you have chosen to not wield that power. That isn't wielding that power, but is not wielding it instead. When faced with a dilemma you can choose not to act. Indeed, one of my guiding principles is 'Don't just do something, sit there.'

In construction the workers often feel they should constantly appear to be busy. There is an aphorism on such jobsites that they should 'Do something, even if it's wrong.' I don't need to appear to be busy to some boss, because I don't have a boss. I need to get jobs done well and quickly, and this requires me to consider the steps to doing so carefully, to note when I need to leave some relief for the subsequent step, or to compensate for an unsquare roof by snapping lines that are 1/8" out of alignment so that the tiny incremental difference across the length of the roof end up perfectly aligned at the peak but do not show there is a 5" difference in the length of the gables at either end.

Sometimes just doing nothing but thinking is the very best course of action you can take.

Edit: Doing something wrong costs ~3x what doing something right the first time does. When I do something wrong, first it costs me to do it wrong, then it costs me to undo what I did wrong, and then I have to redo it right. When I do something right the first time, it only costs me the one time.

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