the real world translation of any crypto's value is the real value of that crypto. So i must say i agree with you about that.
Web3 vs Web2 is mainly differentiated in terms of network security. but hive embodies more than just security. The logging of all activity on the blockchain ledger is accompanied by the 'single sign on access' to all hive related apps. This then facilitates the reward of all on chain activity shared as a post.
Depending on the jurisdiction of the Hive user cashing out can be tedious, due to a countries perspective on crypto and subsequent restrictions. Not to mention the extra step of using an exchange separate from the posting, messaging or blogging platform the user used to earn their hive, HP, HBD or LP.
Although minimal in these early stages of the platform (also based on the involvement and investment of time or money by the user) the tokenization of networks that "true web3" allows is what web 2 cannot do and what companies cannot do for their base employees. Hive thus far is the only purported web3 platform I have seen thus far that democratizes earning from activity on chain (posts/ texts); ultimately letting all involved with function of the network have a "share" of the network. The big companies mentioned in @taskmaster4450 post reward base workers for their contribution with a salary and managers and directors get a salary plus shares/ stocks. The senior managers and directors are shareholders and seen as partners in the functioning of the company. With a style of reward Hive exemplifies these companies could look at all employees, including base workers as shareholders. Everyone would be rewarded according to their effort and interest in the company.
Therefore, with Hive's reward system we are all 'shareholders' in the network. If anyone is being fired theybare firing themself. I wish to now try and add to your suggestions of making Hive better for the future.
*So developers and lovers of the hive community must work together to make a more smooth onboarding process; Something similar to the ease of web2 platforms while allowing security of keys to wallet. That way more users find it easier to join and are willing to stay online.
*More in line with working on Hive, I have thought about automating the reporting of work activity on Hive. So workers of a company could be on-boarded and then their daily job reports are posted for review by the supervisor and management and even fellow coworkers as apart of the curation process.
*More self reporting of real world activities like on Actifit Community and Clean Planet. Such activities would be apart of the process to link Hive to the real world while marketing the earning potential on the platform to more potential users.
I understand how a company works, And then bigger corporate tier systems.
Hive and Web3. We have Hive keychain. So we need to get more people aware and using hive keychain as a payment method.
Including everyone in the community as a shareholder and all can gain. There is no profits on Hive. A distribution of a freely minted token.
Look to the rewards for content. Howe many posts do you see with a reward less than 1. How many with a reward less than 5. Less than 10.
Should any big company decide to use the chain. Take like google. The only way it will happen is if Google purchase mass amounts of HIVE. So they can use Hive rewards to pay their staff. There goes half of the chains population as their rewards went from less than 5 to less than 1. So big company is something to avoid. Take also as soon as something like that happens, the chain will fork.
In all you said, you offer nothing towards the future security of the blockchain. By security I mean the chain still here with reward tokens that do still hold value.
As you can see from your own posts. Earning on Hive is not exactly viable.
Let me know if you intend to begin posting again. I can send some votes your way.
ye earnings viability is tough. that's why some users get turned off from hive. man i am now thinking about the enhancement of chain security. I thought the greater adoption of the token and uses of it would help with decentralization and offer some security on that level.
Ok then, for hive to hold value even if the token is changed to a proof of work token, it still might not increase token security. Because u said not even BTC has been able to deliver on that promise. So may be backing HBD with gold could be explored. Although that may require some centralization of the token.
Why not back everything with something solid. Shelter. Hive Holidays?
I am sure if I had the ability to offer shelter for your holiday for HBD you would Visit Ireland. Obviously this is done at a reduced cost for Hive users, There might be time limit on that. Where people must have used the chain for x amount of time or hodl x amount of HP or something.
That's the last thing to try.
i wrote that down. gonna start brain storming
Keep things simple to see the design.
You can change the names of things then and expand.
A coffee machine working for Hive. This means. Hive buys the coffee machine. A shop has the machine and Hive gets 0.25c for each coffee sold.
the 25c would need to be divided to HODL and reinvest.
lol. r like a golden goose right now. spitting out golden eggs