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RE: Crypto needs regulation but not a centralized type by badbitch

View this thread on: hive.blogpeakd.comecency.com

Viewing a response to: @xiko/rvxnv3

· @badbitch · (edited)
It gets a lot more interesting knowing I'm getting paid doing it :) 
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@xiko ·
But whose reading bro...
The system here is skewed towards BLIND VOTER that feed from your effort without even needing to read it.

That in a nutshell is why hive has no growth and no impact even in the world of crypto.

Look I like your writing style though and I see your posts are top tier of Hive.. but then the bar isn't exactly set high these days.

I feel for the worker bees here really. There's an inner circle here that set the rewards limit on each author and make sure they stay in their lane.

All the while you commit time and in repetition... resulting in YEARS of your actual life lost for those mesaly rewards.

See for LATIN AMERICA it's a good outcome. But if you're in the west then I think you would be better off putting your mind to work on something else.

But hey that's my view and if for you this feels right then ok.

The system is rigged though and it's going to collapse eventually. Blocktrades and co just needed the community to 'believe' that they were saved.

Without community agreement they just couldn't extract the money they do.
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@badbitch ·
Well thank you for your kind words. Now about Hive, I will say it cannot profit everybody, the opportunities will always be there but not everyone can make the most of it.

No system is set up to make "everybody rich" that is impossible to implement, dreaming about it though is pretty easy, an example of this dream is the publicised nonsense called "Universal Basic Income" everything about it is flawed, it is just those type of things that will never materialize.

To conclude, I would say Hive has its own benefits when compared to other platforms out there, it cannot be perfect, but it can be a perfect tool for building something that draws more value, at least that should be the focus because "making the most in any ecosystem" has more to do with the "persons and their creativity(sometimes people are creative in a way that exploits others)" looking to profit than the platform. 
👍  
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vote details (1)
@xiko ·
Well put.
I do respect your thought process.

But see there lies the conundrum.

If the platform is designed to be a ruthless competition for rewards and nothing guaranteed as base output for participation and maintaining users within the hive ecosystem.

Then...

The system isn't sustainable.

Because: HIVE doesn't have the large audience to then be able to organically sustain niche communities and by that display a working model for business ideas to prosper. Even LEO finance is likely going to take years to get themselves out of the pits that THEY THEMSELVES put themselves in by going into DeFi with barely 800 MAU.

This is predictable, because HIVE predominantly attracts low level users that a) aren't very creative with content.. and b) don't bring much money to put buy pressure on Hive token.

So by that: mainly poor people content (which is the current reality) HIVE doesn't look at all attractive to western audiences. Again: THREADS the example. Mainly African people active only attracts more activity by Africans.

Not racist btw, just observation.

So this is just not something that the rest of crypto or the rest of the Internet world in general get FOMO for.

Then the clutching at straws thinking that this will change is slightly embarrassing when heads like @theycallmedan and @starkerz are actually claiming that this thing is global because Venezuela and Ghana are getting in on it.. and that by that the network is secure and untouchable.... WTF.

"untouchable" as in how India refer to their lowest class of SLAVE WORKERS?

Seriously?

Crypto is so many things and can be implemented into society in many ways... but those two think that marketing third world take-up somehow makes this HIVE project exist on par with Bitcoin?

Come on now... quit clowning and actually first finish the basic offerings like video. That thing they've had for over 5 years in "building" called 3Speak is not what would give investors confidence.

Because if the community isn't even utilizing video much (partly because it's broken and partly because they don't have the ability and resources to express through that medium) ... Then it's highly unlikely that third world countries will care for an elusive "SPK NETWORK".

That's the other fundamental flaw here also... that people speak of things like they're finished and accessible.

VSC. Network again another IDEA ONLY that people claim is what makes Hive better than all other chains.

FINISH THE SHIT THEN...
DON'T JUST HOLD CTTs to praise yourselves and even comically claim the rest of the world is deliberately overlooking hive.

Hive's main problem: Years and years and nothing really here finished. This blogging rewards in the only method for the users to get some crumbs.

And no one said that the expectation is "get rich" either. Well not even @taskmaster4450 is blowing that party horn anymore.

But if so many of the standard things that Internet users have come to expect were actually available to HIVE users then the network would be showing growth on many fronts.

Fact is though...
The builders here don't really need to finish anything... they'll get paid through DHF (cash for mates) regardless.
Even @brianoflondon has openly stated that the HBD he gets goes directly to buying BITCOIN.

Such is the money extraction game of Hive. For some.

The rest of the plebs need to keep grinding.

Which is why as I said. The low reward output is only attractive to poor nations.

That's noble. Yeah.
But Superior tech to further humanity? No.

And those two CTT clowns accept so believe that they're saving humanity with their phantom SPK.

It's like watching a child build a sand castle and hearing him claim he will attract a princess with that upside down bucket formation.

Oh there comes the wave...
Oops.. there goes the castle.
Bless his soul.

You tried little Jimmy.
Mommy is proud.
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@xiko ·
Ps: your point on disagreement that basic income is a good thing imo goes against blochain and tokenization.

Because:

If these systems are understood to NEED some capital (to transact) then that's not a good start....even if through RC (which is essentially a limited trial)... users get a "free" pass. Any significant utility will need a user to pay fees.

So then... YES, THERE MUST BE A BASIC OUTPUT for users that interact with the network in creative ways.

It's completely parasitic to think a network can exist that is essentially PAY TO PLAY but then no incremental rewards for users that comit and stay loyal to the network.

And worse: he only working model for rewards.. BLOGGING... is subjectively administers.. AND POLICED by clowns.

Then when people see that actually.... Rewards are really BLIND VOTERS... all potential hits a wall by people that exercise lateral thinking.

So again... no one sees that and feels they're missing out. Other than the audiences that are already here. 

In reality this is a microcosm of the state of the world. A few elite well off. The rest are WORKERS for a miniscule output.
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