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RE: Hive Proposal Costs per Active User

in Hive Proposals6 months ago

The word Value should be taken out of the Value Plan as there is nothing of value in it. Unfortunately a few large whales support this inflation scam and misappropriation of funds. I've tried talking to them, there's no point.

They have no idea how many people are not investing a cent in HIVE because of this waste. I sold most and abandoned all those sock accounts when it was around 0.0015 ETH because the chain refused to adopt a burn proposal of mine and now its 0.00006 ETH. Thats a 25x drop, it hasn't done well versus the USD either. I predicted this (well not this bad) and of course not enough people were smart enough to understand except a few million votes which was not enough. What do I know though, I just do this sort of stuff for a living and understand that inflation along with thoughtless spending destroy value.

Inflation needs to be tied to actual user growth and your numbers show a drop in users which means HIVE is just going to go down in value. Everytime I think about investing a few ETH in this chain, I look at the proposals and think absolutely not.

Enjoy those wasteful duplicate projects and especially that Rally car.

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