They're not though...
The type of content has zero bearing on the value of the HIVE token.
HIVE gains value from distribution.
Downvoting limits distribution.
You could argue that downvoters are the enemy of the blockchain.
They're not though...
The type of content has zero bearing on the value of the HIVE token.
HIVE gains value from distribution.
Downvoting limits distribution.
You could argue that downvoters are the enemy of the blockchain.
I wouldn’t say limit. Downvotes check the distribution. Without them, the token distribution will be to individuals adding no value to the blockchain, and if such people are the ones holding the token, real value of Hive is lost.
That's not correct at all.
You want HIVE's governance token in as many hands as possible.
Anyone and everyone.
Content itself literally has ZERO value to the blockchain.
It's just a mechanism to distribute its governance token.
Surprised to read this.
So from your point of view - does content has any value at all?
And if so - value to what?
Right now, we're giving our content for free to leofinance.io
As the owner, Khal has put an ad on it and has generated value from our content.
That's the value.
Posted Using LeoFinance Beta
I also upvoted your content with HIVE and LEO.
HIVE's value is increased because I'm distributing the token, thus securing the censorship-resistant network.
LEO's value is increased because Khal says (maybe) he will use that ad revenue to buy/burn LEO and I'm incentivising you to create more content that he can put ads on.
Posted Using LeoFinance Beta
I agree with you. Fully.