You are viewing a single comment's thread from:

RE: The Cost Of Losing Hiveans; Our Adoption Plateau; Chinese Bamboo Tree Analogy; A Solution

in GEMS4 years ago

Thanks for you offering Mat.
I will be making a post sometime over the next 24 hours about protecting the platform and will be sure to include a link to this post. I will approach the subject from different angle that also needs to be addressed.
Thanks for sharing your valuable thoughts

Sort:  

Much appreciated. I'll check it out when I see the notification. Ironically, the ones who care the most seem to be the ones humbled on the bottom. Too much complacency and misdirected resources at the top. It really takes message at a time until people realize they've been wasting precious time with the wrong strategies.

">... misdirected resources at the top."

That's how they get to the top. This is why decentralization is leaderless. Hive isn't actually decentralized, because the stake that governs it isn't decentralized, but concentrated in the accounts of an oligarchy that keeps rewards flowing to them.

Steem is the future. It is the future of Hive if Hive does not change how governance is effected. All it takes to rule Hive the way you want, just as Sun Yuchen rules Steem today, is more money than the current oligarchy has. While neither you nor I have such money, plenty do. Hell, it cost Sun Yuchen more for lunch with Warren Buffet than it did to take Steem over.

We'll see if Hive survives the focus of rewards on the oligarchy. I'm not gonna bet on Hive. When Hive ends up some censored cesspit of centralization, the competition will surpass it quickly. Note how quickly Hive surpassed Steem after Yuchen began his solitary governance. That's even without changing how the blockchain works.

Better things are possible, and when the misdirection of resources has it's inevitable and terminal result on Hive, if not before, they will rise above.

Thanks!

Well said. It's stuff people don't always want to hear because it's instinctive to feel like their power is threatened, but Hive can be a repeat of Steem if we all don't learn from the past and adapt. Ironically we just want the entirety of this to work for everyone, not consume their power. It's been way too top-heavy for too long, and those who've enter the higher ranks in more recent times seem to lose their values fairly quickly from either the politics, peer-pressure, or newfound complacency/entitlement because they paid to have their place up there.