At some point earning Hive will be harder and having enough by then is the key.
Can you explain to me why? Is it because the value will increase?
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At some point earning Hive will be harder and having enough by then is the key.
Can you explain to me why? Is it because the value will increase?
Not only the value but the numbers active on the chain. The reward pool stays the same size no matter if there are 5 people or 10 million people and that is where the less Hive comes from.
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Yes, I understand that.
But the value of hive will increase so people won't need big upvotes anymore right?
Yes but the amount of Hive you earn will decrease so the ability to grow your Hive stake drops. Maybe today you earn 15 Hive on a post and that figure will decrease so what you are able to stake will be nothing compared to what we are used to. The reality is Hive will not be easy to earn even though the rewards may stay the same or higher in dollar value.
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Will people continue to post if it's harder to earn hive?
Yes as there will still be value in what you earn just not as much Hive like we will have been used to. Earning 3 or 5 Hive is still going to add up and is still growing what you have as stake.
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Thanks that's reassuring!