I just saw a question on Quora asked by a parent:
I just made my son delete his TikTok account with over 100k followers because he isn't allowed to have it, and now he is mad at me. What do I do?
I'm not a TikTok user but I read somewhere content creators who have about 100k followers usually earn from $200 to $1000 per month. The median is likely to be around $600. Apart from the fact that the son has been cut off from his audience, possibly for good unless the account can be restored, he has also suffered a significant financial loss at least potentially.
An account like that is likely worth tens of thousands of dollars, if not hundreds of thousands if the potential income stream is in the upper end of the spectrum.
Hive accounts are indestructible. They cannot be removed. No government - or no parent - can delete them.
Hive accounts can have all the rewards removed though, with relentless downvoting, and if an account rep goes below zero the posts no longer properly display. Years have gone by but still nobody left on Hive seems to want to admit the content here is being controlled and censored just as it is on other platforms.
It's entirely up to the front ends to decide what they do with downvoted content or content created by low-reputation users. Ecency tends to show everything. And yes, rewards can be taken away, but hardly anyone receives any rewards on Web 2.0 platforms in the first place.