I think the argument of fighting abuse within the Hive ecosystem will remain indefinite and we simply cannot see the end, although getting the right way to do so will remain difficult as well. Nice breakdown of how things works here, I read a lot of dalz's post and that's how I get to understand some of these stuff
You are viewing a single comment's thread from:
Really? I see the end clearly. For a healthy economic system to remain functional, you need balance in the exchange of value. The early stages of hive blockchain allow for token distribution. The community votes for who gets a share of the reward pool. That number decreases over time though until it reaches 1%. So you see, the incentive to extract more than you provide becomes smaller and smaller, whereas the incentive to provide actual value (in the form of work) becomes more and more attractive.
Look at this graph. In 2035 inflation will be around 1.47% There will be a day where you MUST provide actual value in order for someone else to want to give you tokens... Give them work, a car, a house, etc. This will be the end of the reward pool abuse and we will no longer need police.