
Part 2: "Why Hive is probably broken" - View from an OG
I want to start this series not as attack on Hive, but as someone who has been around from the start and also been outside Hive for a while, I wanted to give my view on Hive and why Hive is probably a failed experiment. I am writing this series because I emphatize with the people who I have seen spend so much time on this platform and have not been rewarded as if they would just have held other coins. I am going to give my take on Hive in small blogs. At first I was thinking of writing a long post about this, but I notice there is so much to talk about, and also I don't want to waste too much time on this platform as I have put in. Also my small blogs wont be a cohorent story but rather pieces of a puzzle, that hopefully will be insightful.
Dan was not a social person nor somebody who understands token economics and human behaviour economics (even though he claims to do so). Bitcoin with only 21 million supply, is a dream for any non-inflationary currency. To fund everything Dan believes that wealth should be spread out, so he included a high inflation for all his blockchains. Although this view is noble at best, it is not sustainable and does not reward hard working people such as @starkerz
@howo
@fredrikaa
@tarazkp and
@acidyo. Though the supply of hive will eventually come down a lot, the damage has already been done by inflating the supply, and also syphoning it from big investors.
Leave Part 2: "Why Hive is probably broken" - View from an OG to:
Read more #hive posts
Best Posts From Future Thinker
We have not curated any of futurethinker's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From Future Thinker
- Part 3: "Why Hive is probably broken" - View from an OG
- Why Hive Is Failing.
- Part 2: "Why Hive is probably broken" - View from an OG
- Part 1: "Why Hive is probably broken" - View from an OG
- Hey Hivers long time no see.
- Farewelll Steem and Welcome Hive: My Thoughts
- Story Time During This Bear Market
- Application Curie Community Building
- Marvel Creator Stan Lee Just Died :(
- Let there be more Bitcoin (Cash)!