You are viewing a single comment's thread from:

RE: My thoughts on HIVE of late by @the-bitcoin-dood

I still consider myself a bit of a newbie round these parts - so I can't really talk to anything really historical.

But I like it here. Since I dipped my toe in to simply check it out, what I have learnt about what sets Hive apart - probably because the blog is at its heart - is that it has the community as an intrinsic part of itself. Other crypto projects also have community, of course - but that community has built up externally to the project. The activity of the community in and of itself has no direct effect on the performance of the crypto(coin|project). What the community does as an external activity affects it - but Hive is the only place where the actions of simply engaging with peers who also own the coin actually enhances the performance of the coin for everyone. That's a powerful feedback loop.

And of course that is not limited to a specific interest/project or area. Unlike other cryptoprojects that can focus on a narrow brief (often making more 'money' - which can turn the vast majority of folk off as it reinforces the cryptofreak strereotype).

But with Hive, regardless of whether you're into music, cooking, walking, photography, 16th century lavatory design, face mites, dogs that sing, clouds that look like US presidents, etc etc - everyone can join in in a meaningful way to them, everyone can contribute and everyone can benefit. A rising tide lifts all boats.

Oh man, that works for me on a personal level.

And, as such, the potential here is huge. It's easy to get cross-pollination between the groups. It's easy for folk to start new groups up. It's just easy.

And then you throw Hive Engine into the mix and....
mindblown.gif

So - there's huge potential. I'm starting to ramp up talking about it more to folk - but peddling the community aspect - where getting involved automatically supports the person/group you're engaging with - and you get some kickback too!

I do think there's a need to 'hide' further some of the underlying cryptobabble - there may be a lot of folk who may want to engage with the different communities and dApps and reap the rewards of different tokens - but who never want to have to look at a candle chart. But that's a challenge not specific to Hive - however, for a project that, more than most, wants and needs to encourage 'ordinary' (whatever that means!) folk in, it maybe needs to work harder to accomodate them. There may be plans afoot - I must admit I've not really looked at the development proposals - more than enough fun just engaging... (On re-reading before I hit [Publish], it occurs to me that this is more of a challenge for Hive Engine as opposed to the blog. But there's a lot of overlap - and I think folk will want/need to see it as a single ecosystem...but I feel like I'm straying into dedicated post territory here. I'm sure folk have been over this ground before li'l ol' newbie me raised it! 🤣)

So, I'm also quite bullish about Hive. I do intend to gradually ramp up my proselytising. It'll be interesting to see how it grows - which I certainly hope it will.

Sort:  

Right on! Happy you found us and love what you bring to our corner of the web!

I agree with everything you say. That second last paragraph rings so true though. I've said in the past if you took the rewards away, and just offered the platform I wonder if more "normie" bloggers would try the platform. I think in some way crypto rewards hold us back. Which is weird to me, but seems true.

It's hard to explain this but if someone was just looking for a great easy to use blogging platform we have that. Throw crypto in the mix and things start getting confusing. Then add the illusion that they're going to start earning crypto for their posts and it converts to mere pennies at first until they build and grow can become a huge deterrent or disappointment. Then they stop posting before they even give themselves enough time to grow here. This is one of the reasons community engagement is important to help keep newbs motivated and inspired. The joy of engagement and being acknowledged can be a huge reward in that regard.

Then there's also the whole fact of cashing out. Now they have to learn about a cryptocurrency exchange and in some cases may need to convert HIVE to BTC on one exchange, then BTC to fiat on another. That's a lot to take in for someone new! Especially someone who just wants to blog about the three toed tree sloth of new guinea or something similar and doesn't care anything about crypto.

In this regard I think HIVE is light years ahead of anything out there. It's also one of the major setbacks we face when onboarding new users who aren't into crypto.

IDK I may have gotten off track here, but thanks for the comment. I totally agree.

I think thats quite an insightful thing to say about the crypto holding folk back, and actually acting as a barrier to engagement because of the perceived slow progress. Going to have a think about that! :)

And yeah - cashing out is a 'mare for anyone not versed in using exchanges.

But these are challenges to be overcome, not showstoppers... ;)

Absolutely, couldn't agree more!

!BEER


Hey @gribbles, here is a little bit of BEER from @the-bitcoin-dood for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.