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It's a path of evolution that the Hive community might consider investigating.

@sorin.cristescu you're suggesting we have a committee to determine whether certain transactions warrant attention and addressing. This is a proof-of-brain system.

@themarkymark seems to suggest this already exists. It's called "invest and you have say." This is a pay-to-play system.

Neither is wrong. They appear to be at odds. Both have merit. They tend to be mutually exclusive.

I suggest there ought to be a consensus on which focus to choose, and run with it, one way or the other. But that would require coming up with a business model that most witnesses and whales can support.

Either that, or we've got to find a way to make both camps moderately happy -- compromise comes to mind?

Oh, I'm not particularly unhappy. Hive has a rudimentary governance system but that is neither the most urgent nor the gravest weakness it faces

Glad you're not particularly unhappy. I am particularly unhappy--or at least dissatisfied with not reaching potential that is readily there. What would you say is our gravest and most urgent weakness, and how would you suggest we go about resolving it?

In a nutshell. LOL

The technology is great but most of us understood long ago that it's first and foremost about "community" rather than technology. And community forms around a set of shared values and principles, and beliefs. "Community" is a social (as distinct from economic) concept. There is little to no Hive "community". There are small communities such as the Brits with slobberchops, stevec, revisesociolgy, shanibeer, etc. But most people come to Hive to earn and care too little or not at all about the platform itself and the others.
It's hard to federate people around a cause, especially when, as is he case in blockchain/ crypto settings, people stay anonymous (which relieves them of personal responsibility) and they come from all around the globe (which precludes the weak - yet essential - social links shared between people from similar cultures). Dan from 3speak tried something around the idea of free speech, which galvanises americans. Outside the US, people are more nuanced about that and less "free speech absolutists".
But is general we (Hiveans) lack a uniting vision of what we would like to achieve TOGETHER. And the anonymity prevents us from caring too much about the others. There is too little to temperate the pure greed that turns Hive into the famous "public meadow" from the "Tragedy of commons" textbook.
The gravest and most urgent thing is that we need to care more about Hive and each other (before caring for making money out of Hive).
Once we have one or more shared "missions / visions", the next thing is to bring to Hive people who come to invest in Hive, rather than people who come to share in the reward pool and take money out (by selling Hive). This second thing can be done indirectly, in many ways, but it's not being done because the first thing (shared values, principles, mission and vision) is missing

To give a concrete example and show that I walk the talk I created OffChain Luxembourg. It's a local community from Luxembourg and nearby "Grande Region" so we have a common cultural basis. We share the values and principles of the western civilisation: honest hard work, respect for both laws and moral principles. We have a vision : to create a bridge between the world of law and that of blockchain and cryptos, and a mission: to offer the first MiCA compliant token in Luxembourg. We use Hive as a platform and bank and bring money in the ecosystem. We are not anonymous, we know each other and meet IRL and have our IRL reputations at stake.
Now offering this token involves several steps mandated by the regulation, among which:

  1. Having a legal entity
  2. Having a MiCA-compliant CEx to safeguard other people's assets, etc.

Here we celebrate reaching milestone 2. above: bitFlyer Europe, a MiCA - compliant CASP has accepted our non-profit as a "business customer".

https://ecency.com/blockchain/@offchain-lux/offchain-luxembourg-becomes-corporate-customer-of-bitflyer-europe-sa

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