RE: Magic (Hive) Internet Money .:. Late Night Blogging

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RE: Magic (Hive) Internet Money .:. Late Night Blogging

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edje in Hive Learners • last year

First of all: Guilty as hell for delegating my HP to some project for which I receive shitcoins. Truth be told, I sell those shitcoins immediately after I received them. I think this argument holds: I do good to HIVE since I buy HIVE all the time by selling the shitcoins I receive as a reward LOL (certainly this argument can not stand on its own, but in the land of the one-liners, this argument stands on its own LOL)

Secondly: Fortunately I have some superpowers I use almost every day to reward content and users with a vote value that outpaces my own maximum possible vote value by a factor of at least 10. One you find in your post above as well., You're welcome {WINK}

Thirdly and most importantly: I so much agree with you! Can't stress is too much. But I honestly 100% agree with you. My take: HIVE would work by far the best when we have a setup in which we have the basic blogging tools only. All the rest, shouldn't have entered our ecosystem. All the financial instruments that make all this shizzle possible, shouldn't have been created and made available. This includes almost any tool you can imagine, from HP delegation down, up and sideways to vote followers and whatnot. All these tools make the user lazy. And lazy users aren't going around trying to hand out rewards to those that deserve it, day after day, week after week, month after month, year after year. They find other ways to earn money. Sadly though, such users finding other ways to use their HP, HIVE and whatnot to earn money should never complain IMHO. But they do.

Centralised Curator teams: We have a range of (as you call them: centralised) curator teams. In this respect, I am not in agreement with you. Sure, such curator teams with their superpowers can be perceived as centralised. But I can assure you that some to more of those curator teams don't have a bad setup in how they decide what posts they support. Honestly, it is because of a bunch of these curator teams that the value is spread more across the HIVE community at large. At least, that is what I believe since I don't have good statistics to substantiate such 'belief'. I wonder what HIVE would be when we didn't have all these curator teams. I think HIVE would've been even worse. Yes, you read that right, HIVE is far from being a good place for plenty of users which renders the whole HIVE community far from a good place.

Darn: I wished I could end this long-ass comment on a much more positive note than this write-up seems to have sailed. let's try to take a U-turn here...

NJOY 2024 to the max with lots of pleasure in life, even if this is with or without HIVE ;) Since in the end what matters the most are the relationships we have with people (and animals perhaps), in and (foremost) outside of HIVE in the real world.

last year in Hive Learners by edje

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ph1102 last year

My take: HIVE would work by far the best when we have a setup in which we have the basic blogging tools only. All the rest, shouldn't have entered our ecosystem. All the financial instruments that make all this shizzle possible, shouldn't have been created and made available.

I never thought in that way as it would be impossible to have a consensus around it, but I do agree with you... It kind of messed up the "main thing", and it centralized heavily the complete HIVE distribution... Like an idea of helping projects that are doing well has sense, but it is completely tricked by us, humans... as usual... 😃

Centralised Curator teams: We have a range of (as you call them: centralised) curator teams. In this respect, I am not in agreement with you.

I would say that we agree on this too, but I think that I didn't explain myself well... Curators are positive for the ecosystem, but there is always ONE person that has the "final-click-ability"... If you check comments on the @hbd.funder account, you will understand what I'm talking about... Curators do their job, the person who clicks on picked posts does a 50% good job and throws the rest of the voting power in the trash bin... That's not what a curation project should be about...

Since in the end what matters the most are the relationships we have with people

I 100% agree! Just had another mini-meetup today, and will have another one tomorrow :)

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edje last year

...and throws the rest of the voting power in the trash bin

Didn't realise this but indeed it is a darn shame curator team votes are wasted. I guess not enough posts that can be voted for. The curator team that I see regularly voting for the funder posts, is the one with quite a bit of rules.

HBF.Funder

Don't understand why so mucho dollars on the posts whilst the account gets mucho more from the Proposal system anyway redendering the post rewards to pocket money. Better to give all such vote power to content creators and those who engage.

mini-meetup

IRL? Superrrrr... Hope you find great pleasure in those.

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ph1102 last year

Don't understand why so mucho dollars on the posts whilst the account gets mucho more from the Proposal system anyway redendering the post rewards to pocket money. Better to give all such vote power to content creators and those who engage.

Well, nope... the opinion is that the reward pool is too big for Hivians, and that's why they are reducing it by voting for those comments...

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edje last year

the opinion is that the reward pool is too big for Hivians

That's the opinion of who? OCD and all?

Not too mucho posts that deserve kickass rewards/. Though still a whole bunch of users/posts under-rewarded. Something we'll - likely - never be able to balance more.

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ph1102 last year

I think we had already this discussion as it dates from November...
https://peakd.com/hbd/@smooth/hbd-stabilizer-update-november-2023

I've been involved in several discussions with stakeholders who feel that the global reward pool is too large given the size of the user base and organic demand for content. The @hbd.funder comments are one way to address that, and I would encourage stakeholders who agree with the reward pool not being that efficient in helping Hive relative to the cost to vote for those comments. It is also another way to decentralize funding decisions for HBD stabilization.

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