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RE: What is the Value Proposition for Buying Hive?

in #hivelast 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.