Hive Blockchain: True Decentralization Cannot Be Bought. by teesart

View this thread on: hive.blog | peakd.com | ecency.com

hive-167922 · @teesart · Apr 28 '22 (edited)

$10.22

Hive Blockchain: True Decentralization Cannot Be Bought.

In the past two years of Hive, one of the most important things I've learnt is that no matter what happens, the Hive blockchain can not be owned by one person and so it literally can't be bought. It's existence is basically as a result of cascading events from ownership to selling of a platform and the users of the blockchain would make sure those events never see the light of day again.

![img_0.4231495850918287.jpg](https://images.ecency.com/DQmcHbKDqLZg3kuc5adeGCgBxeaXD5ZeDUDq6udveVJWGMP/img_0.4231495850918287.jpg)
[Image source](https://ultcoin365.com/th/hive-blockchain-announces-a-significant-increase-in-annual-revenues-and-earnings/)

I'm certain Elon Musk knows about Hive, we've tagged him a bunch of times, mentioned Hice to him like a million times and he must have done his research about decentralised social media platforms but he seems to settle for Twitter because its quite popular already and can be bought. He went from owning a share of Twitter to owning the entire platform. I'm not 100% sure of his reasons for thinking Twitter was a better option to invest his money in than Hive, but one thing I do know for sure is that Elon loves to own platforms and Hive doesn't allow that.

Reality is that we don't know how long Elon plans to hold on to Twitter before reselling to another person with "plans" for the platform. Reselling may not be very feasible with regards to the outrageous price he bought twitter but then, Twitter can still be sold to the next highest bidder.

From experience with Steemit, we can conclude that when an individual has complete ownership of a platform, it is still centralized to a certain level, a level that may take considerable about of time before revealing the true intent of the platform and the owner. 

The fact  that the Hive blockchain isn't owned by anyone has completely eliminated the chances of it being put out for sale or being owned by any individual.  Yeah, everything's got a price, but the Hive blockchain, I don't think so. Hive is made up of users around the world who have made the blockchain their home. We share a common interest of taking the blockchain to a higher level and so putting the Hive blockchain for sale no matter its condition isn't an option.

👍 leo.voter, steemrant, hykss.leo, behiver, pouchon, sux, goldbuyer, trasto, sbi8, antoniojoseha, ireenchew, teesart, ew-and-patterns, gudnius.comics, rmsadkri, no-advice, sodomlv, break-out-trader, vintherinvest, thelogicaldude, shohana1, manuel2395, gondrong, mypathtofire, leotrail, babytarazkp, nikaja, ardina, nirvana3003, travelwritemoney, holovision, l337m45732, abdex9, shortsegments, oldtimer, gustavoadolfodca, dante31, joeyarnoldvn, beemd, andyjim, akida, waivio.welcome, waivio.com, holovision.cash, nazomimatute1998, saboin.leo, bitcoinstox

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@antoniojoseha · Apr 28 '22

The only way is if he buys millions of Hive and start asking people to vote for him as a witness, but still, he has 19 other witnesses with the decision power😂

so yes, is quite impossible to buy the blockchain.

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@barski · Apr 28 '22

It's like buying a conscience impossible, it either exists or it doesn't)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@barski/re-teesart-3wj6gf)

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@shohana1 · Apr 28 '22

Well Twitter can be sold to another highest bidder and I agree with this point. Elon Musk probably heard about hive but if he did research then surely pay attention to it. As I believe!

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@steemstreems · Apr 28 '22

Hive was created by a billionaire trying to buy Steemit.  It is indeed good protection if that is what is needed :-)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@steemstreems/re-teesart-6n7w3a)

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@temibot · Apr 28 '22

Very true, it is when a platform is centralized that is when it could be up for sale. @teesart Try imagining Hive which could be said to be owned by all of the users, I do not think we all would come uo with a price - and thats the beauty of it. Again, a sole witness does not make the final decisions.

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