It's not a case of coordinated "alright guys we are going to lower everything" this was discussed months prior. And as I said in the post, the reducing posting rewards was purely my idea that I wanted to see what people think on, that's not being acted upon anytime soon. I think there are only a few witnesses who think something like that, it's not the general consensus.
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well some of your followers seem to have misunderstood you and now THINK that lowering HBD APR is only possible by also LOWERING posting rewards
while it is the opposite
with lowering HBD APR we could even go so far and RAISE posting rewards again
to maybe reward those on whose backs the whole platform WORKS (people doing content, sharing/exchanging thoughts, having contact and conversations)
[not that I mean to tell what we should do, but in fact lowering one value gives the opportunity to RAISE another AND NOT THE NEED TO EVEN LOWER MORE [like posting rewards]]
and then one sees how much understanding there really lies as basis
none - it is more the motivation TO JUST DO ANYTHING/ CHANGE ANYTHING
interventionism
and we just circle on the same place and that will ultimately kill HIVE (AS PLATFORM AND MAYBE ALSO AS TOKEN BEFORE)
not the evil 20% APR or evil posting rewards
lol
well I'm now exchanging my HBD to HIve (as you witness want - but not because of you, but because I've planned that for way some time, also probably need to pay out again soon to survive my upcoming homelessness again - and Hive is just more liquid and easier to change to BTC and then food)
greets
HBD APR has no correlation with posting rewards, they're two separate things. Any talk about posting reward has to be carefully discussed (the actual reward, not the author/curator split) since it would have a significant effect on Hive inflation.
We raised HBD APR when BTC was >$60k and Hive was >$1, financially it was to attract new members, compete with LUNA (look at how LUNA went, right?) and since market was booming, we were able to afford it.
Technically, with the increased debt ceiling, we can still afford it, but its an additional risk after all. Since HBD interest is not connected to overall Hive inflation (posting rewards, curation rewards, passive HP generation, DHF, witnesses etc.) it is simply money printed out of thin air.
thank you very much for making it all clear
nothing against you guys, I actually think your actions are very reasonable
I think I just got a little confused with all the interventionist comments which seemed to want to change EVERYTHING (and not really for the better but just for the sake of changing it)
which would be THE WAY to destroy Hive - not as they claimed Hive would be destroyed if we did nothing (while I think it had the best chance if we decentralize more, so noone single and even witness groups are even able to change - solidify the ruleset basically and make it a truly decentralized platform)
so I basically think the opposite of the hive alarmists
while I can also understand that Hive investors may feel a little left out (while they also always had the chance to profit from HBD)
thank you - we should not create the NEED TO act (about debt ceiling) by waiting to long
but also not CHANGE UNNECESSARY things
and maybe think about 50/50 posting/curation and curation reward CURVE in general again, before anything else
(while it probably seems too late now)
greets