This is a cross post, but a little detail first. Hive has a serious economic flaw which stands in clear opposition to the most important goals that Hive has as a community/platform such as growing, attracting users, and retaining users. I explain this problem in great detail at the link provided below. In my opinion I believe Hive should aggressively attack this problem and solve it.
https://esteem.app/hive-148441/@kushfreeman/massive-hive-issue
One thing to keep in mind is that the new supply of HIVE tokens doesn't fluctuate with the number of users/authors as you seemed to imply. The new emission rate is static regardless of the number of authors/posters/curators etc etc etc. The current emission rate is roughly 8% and dropping by roughly 1% each year. This emission rate fills up a reward pool that is then shared by all the authors/curators.
https://steem.com/steem-bluepaper.pdf
This brings us behind what is described in the article as “the first layer of distribution” meant to identify the content creators as the primary distributors. Whether or not HIVE has (it obviously does) a rewards distribution pool prior to content creator distribution to the markets is somewhat irrelevant but I’ll explain why. It doesn’t however negate your observation as this pinch point has its own economic implications which I will list here.
How the currencies are received by the markets as described in the article are correct. However, with the setup of the rewards pool the impact this has on the intended users is that the more users come on to the platform the more scarce these rewards become between the users as a finite amount of rewards are distributed across the population of users on the system who are performing the incentivized activities. If those billion users showed up and all actively participated in incentivized activities finite rewards would be few and far between in that large volume of users. This still works against Hive’s greater goal of growing and maintaining a community as less users on the platform will see more rewards provided the incentivized activities are being performed.
Hive would still massively benefit from the strategies suggested in the article or other similar actions performed by the platform. For the reasons pointed out in the article. Using strategies to ensure long term upward market trends in the valuation of Hive currencies would serve the greater Hive community rather than the negative up and down that has been seen in the market performance of Hive currencies.
I would also like to point out that whether or not there is a finite pool or infinite stream of HIVE behind the performance of incentivized actions is not the critique of the article. The critique certainly is to bring all the economic incentives in harmony with the goals and ambitions of the platform regardless of what Hive felt was the most preferable way of distribution of its tokens from their origin to the markets.
To be honest with you not much of this makes sense and it seems you don't fully understand exactly how HIVE/STEEM works. The only point I fully agree with is the fact that HIVE needs to have more demand drivers if it is to be sustainable, though you didn't explicitly say that.
The original article and the last comment serve to illustrate the same point, create artificial scarcity in the markets to drive demand.
Downvoting for spam. This post has no value to the community. If you're going to address a problem, you should also state the resolution. This post is nothing more than spamming your other post.
Crossposting = Spam. Okay, got it.
Helpful suggestion, read the article linked in this post.
If you would have read the article you would have learned that the problem is thoroughly addressed. Not only that, more than one solution to the problem is proposed. In fact it is even specifically mentioned in the article strategies that can be adopted to add value to the community.
What you are doing isn't crossposting. You made multiple posts that all have the possibility of receiving rewards which is spam. The proper way to crosspost is by selecting the 3 dots at the bottom of your post and click "cross post in...."
I hope this helps.
I guess proper crossposting is not something I can do on eSteem. Will save for desktop activities.
Have you tried using the peakd.com interface? It has a lot of tools available to you straight from the site. I'd check it out if you haven't already.
I haven’t as of yet but I’ll check it out.
Congratulations @kushfreeman! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :
You can view your badges on your board And compare to others on the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP
Do not miss the last post from @hivebuzz:
Support the HiveBuzz project. Vote for our proposal!