WTF is going on here?
I left this comment on here FIVE years ago. It aged like fine wine:
Here are some suggestions:
Completely remove Downvotes. They have done a lot of damage and driven too many users away from the plaform.
Let investors do whatever they want with their stake. Including self-voting all day long. Don't like it? Change the way the inflation is distributed. Give it all to holders, minimize social rewards.
Remove the 13-week lock-up period.
Get rid of the mentality that powerful accounts need to be kept in check. They don't. Millionaires and billionaires don't like being told what to do. Do we want such folks here or not?
There's a conflict of interest between content quality and token value. We can't have both. Creators spend long hours producing content, so they're going to want to get paid. It's reasonable. On the other hand, millionaires don't have time for any of this. They won't spend hours producing / consuming content, or putting up with anyone trying to tell them what to do with their own money, because they have made it and are enjoying the good life.
''But... but if you don't like the rules, go somewhere else!'' Guess what, that's what investors have been doing all these years. I don't think it works for HIVE.
This place is a no-no for investors, but a safe haven for dumpers. This is why our numbers are abysmal.
''But... but we need to attract new users.'' NO. We need to attract investors. We need HIVE to do a 500% in one day, and then another 400% the next one. That's how you attract new users and investors. Price action is what attracts investors, not free rewards. Free rewards attract leeches.
I've built my stake by blogging, so this doesn't serve my personal interests well at all. And no, I haven't invested in HIVE, due to the reasons I mentioned above. I don't like wasting my money.
Before any SJWs start responding nonsense, know that I really don't care. Just speaking my mind here. If anyone can prove me wrong, I'd be happy to hear their thoughts.
Have a good day.
The market cap of $HIVE on the other hand, aged like milk.
Let's not even talk about price.
I got criticized on many occasions for not powering up. LOL.
I sincerely apologize I don't hate my money and am not self-destructive.
Guess what? Nothing has changed.
Loads of content that so-called creators feel entitled to free money to produce.
Hive is so much more than a blogging platform. But yeah, let's destroy it to keep ''authors'' satisfied.
This place is still hostile environment for investors.
Trending page full of leeches dumping the token to death.
Projects shutting down.
Talented devs leaving the place.
BUT YEAH! Let's keep ''curating'' WORTHLESS content.
LOL
ABOLISH POST REWARDS
Or don't. I couldn't care less.
I know nothing will change, so I will check back in in five years or so anyway.
Cheers
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