"I wish someone would tell me about it as I'd like a slice of these supposed riches!"
@khrom did. I did. However, you're not qualified to take much of a slice. There's been about ~36 whales that have consistently maintained a majority of stake on the platform since 2016 (excluding the founders (Ned and Dan), whose Founder's stake wasn't used for governance).
https://peakd.com/hive-133987/@arcange/hive-statistics-202504-en
https://peakd.com/hive-133987/@arcange/hive-statistics-202504-en
Right now it's 41 whales, and they have just over half the stake. You're not one of them. They capture >90% of the inflation from the rewards pool, and always have.
As I pointed out above, they've managed to drop users to about the largest number that they can manage to profit from. There's still a few people they're working on purging by completely zeroing all rewards from posts and comments, some of them for years, like @por500bolos (no one is as stubborn and persistently defies total demonetization as he does). Some not as long, but still a long time, such as @yuribezmenov, and @dreamtales. These people all put out unique content, or post relevant content to Hive that others are interested in seeing, and do cite the source of the content they post, so they're not trying to plagiarize anything.
You seem not to be able to remember what I posted earlier in our conversation. Either that, or you want to pretend I never said it. Nonetheless, I explained that after 2017 masses of people were driven from the platform by zeroing out their rewards permanently, and now that we're at this size, the whales can farm the rewards pool and not have to worry about losing the power to control the witnesses because they can maintain that majority of stake that enables them to govern Hive. TheMarkyMark and TheRealWolf sorta messed things up with bidbots, but now they're part of that majority stakeholders, and gave up on bidbots. CoinInstant and his crew including TheGuruAsia do run a bidbot, but AcidYo recently drove away FreeCompliments who was building a community associated with them, so that peril has been eliminated.
Hive is a pure plutocracy. The majority of stake that votes for witnesses controls the consensus witnesses, and they determine what code runs, and that enables the whales that possess that majority of stake to attain to the majority of stake that issues from the rewards pool, and that enables them to maintain their majority of stake, and that enables them to control the consensus witnesses, and that...
That's how it's done, and that's why you're not in the ruling club.
Yet I'm still here...
You spend a lot of effort on trying to change my mind and it's not too effective. I'm conscious that Hive has issues, but I still believe it has potential for good.
Love and peace.
!BEER
Yes. Hive has "issues" and the main issue is that people still "believe" in it when they should use their brain and a voice of reason than just blind faith.
@valued-customer shows you that all those slogans who has suppose to be a firmament of hive are lies. There is no decentralization, there is no freedom of speech and P2P value transfer. There is no true web3 here so that what you supporting is Facebook on blockchain ;] For what reason? For money? Why not supporting Facebook then? :P Smaller risk of loose profits.. This is pointless efforts to still build something that as we can clearly observe after yeras, that it not making any differences against what we actually want to change. It is like a fight against oligarchy by build your own oligarchy XD Pure absurdity
You don't know my reasons for being here or my experiences with it and the people behind it. So let me make my own choices and you make yours. I don't get why anyone would focus on me anyway.
I don't have to know you to know what the reasons might be:
Generally, it doesn't matter whether I know or not your reasons ;] It's rather you who should ask yourself whether YOU know why you're here and also whether you're definitely aware and certain that your goals are definitely consistent with what you have here. because maybe you only thought that was the case because you don't know the whole truth or maybe your never think about that ;]
Someone I daily interact with here on Hive strongly promotes that exact policy. He says if you don't like what the majority stakeholders are doing, you need to buy more stake so you can make the rules. If only it was that easy, eh?
About what? I'm just pointing out facts. I have no agenda for you to adhere to. These are the facts. What you think about them isn't in my wheelhouse. I just want to be able to have discussions about policies based on mutually agreed on facts. If you believe these data are false, I am open to any evidence you might provide. If we can agree that these are the facts of the matter, we can discuss what is the best way to proceed in this environment.
I have chosen to post here, no less than have you. It seems we are substantially natively in agreement as far as that goes. Insofar as we have any disagrement, I have perceived it as matters of fact, so I provided probative evidence of facts I am aware of so we can reach agreement - not with any political, financial, or economic agenda - but simply to facilitate substantive discussions from a factual basis.
What do you think I would try to change your mind about? That strikes me as being defensive without any reason to be. You seem intent on reason, dedicated to ethical actions in our mutual society. I certainly don't want to change that!
I think we have different views on various things that will shape how we see Hive. Some of what you call facts are opinions. I know what I see and I choose who to trust.
The links I posted are not my opinions. Some of the facts I mention aren't linked, but if you disagree on some particular you can specify it and I can provide evidence of it.
If you don't want to see evidence, you want to believe.
That's ok. It's an important thing to know about, though.