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RE: Hive: Plutocracy or Democracy?

Fucking Grade-A writing on this one.

A lot of the complaining comes from the younger users, many of whom are being raised to believe that the system is not "fair", and that the bigger earners OWE them part of their earnings, because, you know, its only "fair", right? It appears that they have not yet learned the life lesson that there is no such thing as fair when it comes to money, for the simple reason that nobody owes anyone anything, neither money nor labor or time. The sooner they learn this painful reality, the better.

HIVE does centralize money to some extent, yes, but that happens in any money system eventually, it is unavoidable. Though admittedly the difference here is that those with lots of HIVE can generate new HIVE for themselves with very little effort even if they are no longer posting quality content anymore, so that is indeed a downside, but even so I think it is worthwhile to keep the MERIT system in place that rewards quality posts for the most part. There is no perfect system, and there is in fact no system without glaring flaws. These are simply some of our system's flaws, but I will accept these flaws in exchange for a system that rewards good content and does not reward spam and low quality content at its core.