Between 2012 and 2013, I picked up this idea to earn money online. It was a strange journey that started with me wanting to write a book. So instead of starting to write a book, I tried to figure out how I would be able to sell it. That's kind of how I discovered affiliate marketing and all the artificial traffic generation tools like viral mailers and traffic exchanges. I also discovered ptc (paid-to-click) sites and wasted a lot of my time claiming from them and surfing traffic exchanges. I kind of lost focus... Through the ptc pages, I discovered some virtual currencies in the German speaking community. The most important of these currencies was called klammlose and the surrounding community was quite big. With these Klammlose you could gamble and also promote websites. It was possible to earn these Klammlose by watching ads, by gambling and also by putting them into savings accounts.
I quickly became a fan of these Klammlose and even wrote my first e-book about them. I had learned enough about affiliate marketing and traffic generation to sell a handful of these e-books. However there was a big problem with Klammlose. They were minted by a single entity that had total control. So they printed and printed until the inflation was so great that the Klammlose became virtually worthless. Some linked websites stopped working because they couldn't put enough zeros in their code...
About at the same time, I discovered bitcoin and altcoins. It took me some time to understand how they worked but it was love at first sight:
- crypto allowed me to transfer value directly to another person just by knowing his wallet address. Even with Klammlose this was not possible. I first had to send them to the central website and from there I could send them to other users. At that time the transactions were pretty fast and almost free.
- The supply growth of crypto was defined by the respective blockchain code and this represented a great protection against wild minting like it happened with Klammlose
- crypto took away the intermediary. When I sold my e-book, the platform I was selling it from, took a big cut and then I had to pay paypal fees in addition to that.
- Crypto was independent from the tranditional financial system. Nobody can block my account or kick me out. Speaking about paypal, they kicked out a whole sector at a time... Just ask @jongolson...
Today crypto has become an imitation of the financial system with little regulation
When I look today what crypto has become, I fail to see what attracted me in the first place. Crypto has become a copy of the financial system with all the bad stuff it contains. The big difference is that the crypto world is kind of the far west. Little regulation leaves the way free for scams, rug pulls and simply mismanagement. It's pretty disappointing in my opinion. However, there is an exception..
Hive: a bright star in a dark world
Hive is the only place where I still find the things that attracted me to crypto in the past and it's much better that what I discovered first:
- I can send value to whomever I want. Within 3 seconds and for free as long as I have enough RC!
- I can know exactly how fast the hive supply will grow and how well it's protected against unlimited inflation
- On hive there is no intermediary other than apps that fulfill a certain role.
- Hive is probably the most independent and resilient blockchain out there. In terms of decentralization and distribution of stake, hive is in a league by itself.
For me hive is this little world that still does what I love about crypto. On hive, there is a ton of energy invested to reach exactly what crypto should be: a parallel economic system that is free of censorship, free of regulations and belonging to a community that stretches all around the world.
Let's connect ! You can find me on these platforms:
Posted Using LeoFinance Beta
Great article. I like HIVE but also look at the big picture through some charts produced by @arcange. hive statistics
34 accounts control 51% of all of the Hive in existence.
There were 2329 post with 25932 comments in the past day.
My take on the data is that we are a community of ~10000 active posters with a lot of bots voting on the post(300,000 upvotes per day).
My fear is that this is an echo chamber where we are just listening to what we want to hear in our little part of the metaverse.
Reality is that any one person can only consume 10-20 articles per day without data overload.
Transaction wise Splinterlands is the elephant in the room.
Crypto winter scares everyone but just hunker down and keep accumulating quality token and come out stronger on the other side.
Let me know what you think of my view of the data and if you have a different take on it?
!PIZZA
The numbers that you present are very interesting. I follow these reports regularly and what I like about them is that the spread between wales and dolphins/orcas is not getting much bigger. Also when I look at myself, I started as a red fish and managed to work myself up to dolphin and I believe I can reach orca status in a year or two. Even if this pyramid seems not so equitable, it's still possible to move from bottom to top in a given time. For me this is exceptional even if it's difficult to explain why :-).
From the transaction point of view, Splinterlands is dominating by far and it would be great if there were several players at that level.
When it comes to bot voting, I believe that this is necessary. First of all, we can't be online 24/7. In order not to lose on curation rewards, we need to make sure that we don't have voting power idle at 100%. This also makes sure that my votes profit the people I have set in my autovoting. That is also the reason why I believe relationships are so important on this blockchain. I will set my bots on people that I know and most people will do the same. However, when I'm around I will vote personaly on posts. The whole boting aspect gives me a freedom to chose how much I want to be on hive and I believe it's important.
When you say that we are in bubble, I agree with you. However these bubbles are everywhere where you go, especially in social media. There it is the algorithms of the platforms that define what you will see and they will show you the articles that you want to read. The AI's of these platforms realized that people stay longer when they get info that confirms them in their bubble. That's why I believe that these bubbles are everywhere. On hive, I have the feeling that I decide in which bubble I want to be :-). Thanks a lot of your great comment!
liked! I was active on Klamm, as well. But never went to Crypto coming from Klamm. I better had! :D
!PIZZA
I truely enjoyed klamm at a certain time. I gambled a lot and tried to accumulate the Lose. Unfortunately they were losing value so much that it became annoying :-)
yes! they were definitely hyper-inflationary. best thing you could do is spend or redeem them in the week of receiving
You're absolutely right. There is everything available here crypto related. You can earn some money from blogging or just commenting, up to yourself how much participating you want. But it's really all here !
Hive has become a world in itself that allows you to do almost all the imaginable things and I believe there is much more in store :-)
True, Late crypto was more interesting and more friendly to underaged people. I was still underage the first time I found BTC and I couldn't get any PayPal, Payza, or something else without my identification card. Without crypto, I can't be like this now 🤣. Crypto helped me a lot to buy some voucher games that I could sell it again to my friend for real money 👍
With so many regulations and things, Luckily I'm not underaged now but there are a lot of changes that make crypto bad and bad from the first one day by day 😴
In some countries I believe it was not even possible to create Paypal or Payza accounts, even if you were adult. So all these countries were kind of excluded of any possible way to earn money online. Crypto has changed a lot of that :-)
What? That's horrible news to know. 😅I thought every country is accepted.
Maybe there are why so many global wallets out there... 🤔SKRILL, Neteller, etc
I think it was bound to happen because crypto was meant to replace the financial system. It started off with nothing and then it started repeating the mistakes of the financial system. There is a lot of fraud out there but I still think crypto will make different decisions at specific decisions so it may turn out to be a better financial system. It times to put in the change.
Posted Using LeoFinance Beta
After so many years dealing with crypto. I sincerely hope that crypto will be a parallel system that complements the traditional financial system. Both should coexist in my opinion. As you said, it will take time to reach such a state.
Nice sharing!
Rooting for Hive's success as well!
Hive is my home turf lol
It shows that you love Hive, like me!
!CTP
I really like the hive ecosystem and I spend most of my time online in it :-)
Hive (with a handful of blockchains) have kept the spirit of which blockchain technology was started. Many have diverted from it, focusing on the short term gains. In the constellation of blockchains, Hive is indeed one of the brightest stars :)
Unfortunately the crypto world has often been mistaken by yet another asset category for invstors. The mantra is "what crypto will you buy?". For me this has nothing to do with what crypto can do for human kind. In this respect, Hive is an Oasis where a lot of things are much better than in most other places :-)
Hive is a great place to be, without a corporation behind it.
In my opinion we don't realize how great this actually is. Hive is a system created and maintained by the community where everybody has an incentive to bring the ecosystem forward. It's a modern form of collaboration within an entity that can grow a lot.
It sure is. Whilst businesses are good at many things. On a human level they can be quite toxic and we see that play out in web 2 and any crypto projects they are involved in.
I also participated in a few social communities that rewarded members, I stayed in FanBox (later became Empowr) for a few years, but when they didn't want to pay me something out, I dropped them. I liked Tsu but because of its unsustainable business model, it went out on its own.
All in all, Hive is by far the best place I can blog. But there is room for improvement here too.
Hive is far from being perfect but I like the way it is evolving. In my opinion it goes into the good direction :-)
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