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I gave out my 50,000th upvote! This is the Hive abundance economy! by shortsegments

View this thread on: hive.blog |  peakd.com |  ecency.com
hive-167922 · @shortsegments ·
$13.29
I gave out my 50,000th upvote! This is the Hive abundance economy!
![wolf-1454397__340.webp](https://images.hive.blog/DQmVVjCunMnDYhYKyW3VorRghQKTp7F1imkmAFzKpbBiW48/wolf-1454397__340.webp)


# I have upvoted other people's posts and comments on Hive 50,000 times!


![Screen Shot 2021-12-09 at 12.43.53 AM.png](https://images.hive.blog/DQmbjktWi1B6oonNuedDzG8m7MCSt7EnY4oWDkkgxejtMDL/Screen%20Shot%202021-12-09%20at%2012.43.53%20AM.png)

## Upvotes and the Hive abundance economy

### Upvotes

I am amazed at this new award badge I received from Hive Buzz, it means I have upvoted other posts and comments 50,000 times. I think it's a truly remarkable feat. But that's not the most remarkable thing, the most remarkable thing is that none of these votes took money out of my wallet!

#### Not from my wallet, but from the reward pool


![wealth3338164_1280.jpg](https://i.imgur.com/ydOnVZP.jpg)

The truly remarkable thing about this is that these votes, which convey true money rewards in the form of Hive come from the reward pool, not my wallet!

## The Reward Pool
The Hive blockchain mints new Hive every day, and a portion goes to the reward pool and is paid to Hive *bloggers* according to how many and how much their upvote rewards are, and to the *curators* (those who upvote others content/posts) according to how much Hive they have staked (called powering up here).

In an amazing display of the Hive Abundance economy the newly minted Hive or as @edicted is fond of saying *Token Inflation* is distributed to those who provide content and those who contribute to the growth, stability or uniqueness of the Hive community and the Hive blockchain.

### Abundance not scarcity

![vegetables-140917__340.webp](https://images.hive.blog/DQmQLzFFJ4P5gzxJX9dX3P3Uy3LDMCcuYDDVocVUjKymG1G/vegetables-140917__340.webp)

In such an economy where Tokens are minted every day, and people who create quality content are rewarded every day, you give not from your wallet, but from the reward pool, which is replenished every day. **This is abundance, not scarcity,** not unlike the infamous Biblical Mana, which came every day, and perished if not used.

### The Candle 
![candlelights-2179184__480.webp](https://images.hive.blog/DQmPT3PmQmbvfgPojDgToTM99tD9Udbr7a463jb4YwdeqWK/candlelights-2179184__480.webp)

There is a poem, which says that a single candle can light a 100 others and its light will not be diminished, but will still burn bright. Something similar is true on Hive.

Here on Hive you can upvote 100 others and in so doing, direct rewards to their wallets from the reward pool. And these upvotes will not reduce your wallet balance in any way..

..in fact it does the opposite, as you are also rewarded with Hive, as those you upvote are rewarded.

### 50,000 upvotes
I have upvoted 50,000 posts or comments here on Hive, and none of that has come from my wallet. It is all from the reward pool. 

I can honestly say it while it has cost me much time and much effort to achieve this. It cost me only my initial capitol invested in Hive, and the subsequently additions each payday to achieve my voting power, and this voting power or HP allows me influence over the reward pool. 
And it is this influence, which directs the actual rewards to the wallets of those I upvote, from the reward pool and not my wallet. 

### Amazing
![7156ADC4C2D84BD79DAD5CD6E13F453C_1_201_a.jpeg](https://i.imgur.com/6l9nnSU.jpg)

- This is the amazing power of the blockchain, combined with cryptocurrency, combined with the special distribution of token inflation unique to Hive. 
- This is one of the worlds wonders, no matter what number it is.
- Hive is simply amazing.
- Hive is life changing.
- Hive demonstrates the power of intelligence, technology, and decentralization to radically change the world, change lives and truly make this world, a better place.
- **Learn more** **[here](https://leofinance.io/@shortsegments/why-should-you-join-the-hive-community-and-invest-in-the-hive-token)**
![8091FB3A99474A5AAEFD220E974F2AA2_1_201_a.jpeg](https://i.imgur.com/C8LepNv.jpg)
 
**You really should join us on Hive, Sign up for Free here by clicking this [link](https://signup.hive.io/).**

##### @shortsegments

![D4952D99-FFEC-494E-9B7E-78C63FC35838.gif](https://images.hive.blog/DQmU6JzAqaUNsXKzcuRuWwiTYqdFgU4DMdEdgguxzvkJeCB/D4952D99-FFEC-494E-9B7E-78C63FC35838.gif)

### Pictures courtesy of Pixabay Royalty Free Photos

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@shortsegments/i-gave-out-my-50-000th-upvote-this-is-the-hive-abundance-economy)
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@chaosmagic23 ·
$0.14
Holy cow? 50k up votes? Guess I need to click more. 😁
👍  , ,
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vote details (3)
@shortsegments · 
yep!
distribute tokens, spread the wealth, decentralize the blockchain rewards!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@shortsegments/re-chaosmagic23-49x3s1)
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@cryptowendyo ·
$0.12
Very impressive achievement!
I appreciate you.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@cryptowendyo/re-shortsegments-2wwwug)
👍  ,
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@davedickeyyall ·
$0.10
Nice tool to check that.  I have upvoted 73K times if this is correct..
![Screenshot_20211209-061613_Chrome.jpg](https://files.peakd.com/file/peakd-hive/davedickeyyall/23ycw7kSRohft8hntSaeyqpGgdPVStoxH3a2eNxM82sg9uDmHCjEhn4NX5x7VYcp6CfKc.jpg)
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@shortsegments ·
$0.16
impressive accomplishment, congratulations, soon you will reach 75k.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@shortsegments/re-davedickeyyall-7gbvqu)
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@kawsar8035 ·
$0.14
Wow! 50k upvotes. It's really great
👍  ,
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@shortsegments · 
thanks!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@shortsegments/re-kawsar8035-5qbu3f)
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@nathanmars ·
$0.18
We're part of an abundance community! 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@nathanmars/re-shortsegments-5hckjb)
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@shortsegments ·
$0.46
Yes!
I think from the very first time I joined Steem I appreciated this fact as the reason I was here.
I didn't completely understand it then, and I suspect I am still learning now!
But the concept of abundance remains.
👍  
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@shortsegments · 
Hello
I am glad you followed this link to learn more about Hive.

Join Hive for free, two minute sign up and start blogging right away.

If you to join the Hive Social Media Community as a co-owner of the business, owner of your content and as a contributor of valuable content on cryptocurrency, finance, technology and any other topic you desire to write about.

Here on Hive your content will be on display for all to see, and your account can serve as your censorship resistance outlet for your views.

I wrote a recent post about Hive you can find here: https://leofinance.io/@shortsegments/hive-the-first-billion-dollar-marketcap-social-media-platform-on-a-blockchain

And I have written many others, explaining the Hive ecosystem.

You can find them here:

https://leofinance.io/@shortsegments/hive-explained-the-reward-pool-and-upvote-system-on-hive

https://leofinance.io/@shortsegments/hive-academy-hive-wallet-convenience-and-security

https://leofinance.io/@shortsegments/hive-explained-article-four-the-new-and-improved-facebook

https://leofinance.io/@shortsegments/hive-academy-the-three-hive-tokens-and-their-relationship

https://leofinance.io/@shortsegments/hive-academy-understanding-delegation-a-financial-tool-for-passive-income

https://leofinance.io/@shortsegments/hive-academy-learning-about-hive-resource-credits

https://leofinance.io/@shortsegments/my-dao-revolution-song-decentralized-autonomous-organization

Sign up for free and explore Hive

Click Here

Please contact me on Twitter via message and I will be happy to answer any questions and to discuss how I can become your Hive Personal Assistant.

Sincerely,
@shortsegments
👎  
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@uyobong ·
$0.15
It wasn't just the 50,000th upvote, it was the 50,000th weighted and valueful upvote. Cheers!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@uyobong/re-shortsegments-4p7dgw)
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@shortsegments · 
Thank you for pointing that out, it's educational.
### I also have a easy contest you may want to enter and the reward is one HBD! 

https://peakd.com/nobansonhive/@shortsegments/jack-dorsey-tweet-contest-earn-1-leo-for-a-tweet-reply
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@williamtboy ·
$0.14
Getting 50k upvote is WOW. I want to be like you people, because nothing give joy than seeing people upvoting you.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@williamtboy/re-shortsegments-taviq)
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@shortsegments · 
yes...it is quite the wow and I am surprised myself, but ever task begins with the first steps!

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vote details (1)
@williamtboy ·
$0.11
Ok

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