Why are the Top 30 Witnesses Using The DPOS System to Coerce People into a Status Quo on Hive?

in Deep Dives3 years ago

Why is hive becoming an echo Chamber

Honest question.

Every time I participate in a debate on someone else blog, on of the top 30 witnesses will come and downvote one of my posts on my blog in another community.

This defeats the entire purpose of having these Hive Engine tokens and decentralized economic principals in the pools, you are tied in bondage to hive and can never escape the demonetization of the top 30 witnesses.

This is not decentralized, this is not even distributed, this is a Ponzi scheme until a more diverse top 30 witness pool is manifested.

From Investopedia

A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors. A Ponzi scheme is a fraudulent investing scam which generates returns for earlier investors with money taken from later investors. This is similar to a pyramid scheme in that both are based on using new investors' funds to pay the earlier backers.

Both Ponzi schemes and pyramid schemes eventually bottom out when the flood of new investors dries up and there isn't enough money to go around. At that point, the schemes unravel.

So I invest my money into Blurt, a DPOS blockchain in the same space as Hive that is relevant to my interests, but that is now getting me demonetized on Hive?

my most recent blog about Blurt was flagged by pfunk in the middle of a debate I was having about on chain governments on ura-soul's blog. This kind of activity is exactly what makes it feel like a Ponzi scheme, I have stepped out side of some status quo that I do not understand, and now I have been removed from the rewards pool?

Why does hive want this kind of ethics, if not just to appease the top 30 witnesses who have complete control over this topic?

So now that the precedent is clear that Hive status quo is against interoperability between other DPOS systems, what is the point to even holding this coin? (real question).

Interoperability between chains, and autonomous hot swaps are the future of crypto and Hive is setting a precedent that would be against that kind of liquid economy.

Sort:  

I don't know what's going on some crazy stuff. Seems like the blockchain is the wild wild West and more attention is being thrown towards alienating known members rather than rewarding original content.

The common people definitely have to get involved and the community needs to exercise their powers.

Especially if they were funded as well as elected for an amount of time.

I think we can all say that term limits definitely need to be imposed.

An honorary past the torch to a respected person and watch freedom grow.

We need strong leadership at the helm as well as a balance between our own Court as well as elected body of community members.

The Great Law of Peace helped the Constitution and it can help us as well.

Personally I think that we all want the same thing however it's just how individuals go about getting it.

Great post and I really can't argue with your analysis.

The fact this comment was tagged by @spaminator shows how broken this system actually is

Yeah I'm notorious for breaking rules so there's probably a couple of examples of rules that I've broken to earn a little bit of flag action....

However I mean whatever. Why should I care when I'm living life loving it having a fabulous time with the entire community and I have some amazing friends....

Basically my thoughts when it comes to freedom of expression, people who care are the problem, no one's speech should be questioned unless it's it's educational purposes or other productive reasons.

I just read this awesome post by @logiczombie over on Matrix. He got right into the reason people will act in revenge, the flags are a form of revenge. They want revenge for morals they feel you violated of theirs.

https://bbs.market/ZLOGIC/posts/M9rKVlQNzq5WwzDKTlLS?selectedCategoryId=ALL

I can completely agree with that deduction and there is so much judgmentalism..

You think a copy/pasted Blurt circlejerk post, where you didn't bother editing it at all including the post saying it's 100% powered up when it wasn't on Hive, was worth anything here?

I visited your blog to see if you'd made a post about your asinine bribe offer to remove @azircon's stake and found that overrewarded garbage. Notice I didn't downvote other posts? I could have. But didn't.

its not only that post, this is a long occurring trend, i personally feel you don't care and wouldn't even look into it, but I can link you to the plethora of other posts that are similar to that.

I will remember to remind all of your witness voters that you do not want to support interoperability between blockchains.

Crossposting isn't a big deal, but you clearly put no effort into localizing it for Hive (and it wouldn't have taken much) so why should Hive pay for the lazy circlejerk post?

Speaking of Blurt, what are you complaining about downvotes on Hive for, when you use Blurt? You're choosing to use that, but you want to blurtify Hive for some reason too? There's no point.

You are making assumptions and I will not be responding to you if you keep making assumptions.

What I do with my money, is specifically in my own interest and so early for my own interest. I will let you know if I choose to do something with my money that concerns you, aside from that it would be best for you to respect my sovereignty before I misconstrue your assumptions for some kind of aggression.

I would like to think we don't have any problems, because if we do have problems you and me I know exactly where they came from and I will be happy to open people's eyes to the scapegoating of the rewards pool going on here.

What I do on blurt, is independent in every way from what I do on hive, only a bias opinion who has over invested his resources in Hive would see any conflict of interest with me having a vested interest on both platforms.

This is a Blog about an experience I had that reminded me of a hive engine liquidity pool, there similarities on competitors services and I believe it's in everyone's interest to have a decentralized economy and discuss openly the different options that people have in the free market.

Interoperability and cross chain autonomous hot swaps are the future of cryptocurrency and if your platform does not support either you are going to be swept up in the dust.

Dude seriously... get a hold of me. This shi'ts not gonna stop... But I WILL make a few things clearer.

Why are the Top 30 Witnesses Using The DPOS System to Coerce People into a Status Quo on Hive?

Interesting question.

I still have votes casted towards some of them but I would rather see eventual renewals instead of a small group with a huge difference on voted MVests compared to the next ones.

Since here the users are the actual owners of their investments, they should be using such power in a wiser way and periodically review their votes.

By the way: I and my fellow Brazilian @igormuba are both Top100 witnesses here, in case someone want's to cast a vote on people outside the Top20.

I'm also the administrator of the witness @perfilbrasil that is not among the Top100 and I use specifically to promote content in Portuguese.

Igor tried to accuse me of uttering a death threat while not reading my comment so I will not be support that looser who wants to frame me as a violent person. I made a statement that we will have to disagree or fight to the death over this. And he took my challenge to a duel as if I would just assault him... no honor if kicking the shit out of a vegetable... I was talking about a duel.

I will support the Brazilian witness though, I already have the Mexican guys on my list too and the Spanish translator community. I travel to South America at times and have always enjoyed the time.

Where is this post that was flagged? I may want to counter it with an up-vote.

I had already voted on that post. You really don't know how someone will react to anything. Including an innocent question about how credit cards can be paid without a bank account. That's the way it is, I guess.

lol if only they knew who and where I was sharing all of this too, the North Korea of Blockchains has dug its own grave