I don't really know where to start. There's a lot to unpack here. There are at least a few technical inaccuracies, ranging from trivial (20 top witnesses, not 21) to glaring (DPoS and low fees being the primary cause of inflation??? no, that's our reward pool; how could you miss this?). I guess I'll start with some questions.
Easiest one first: if you feel that Hive has failed as a blogging platform, why have you just made a blog post on Hive?
And by which metric(s) are you asserting that Hive is failing or has failed? Are you comparing it to other blockchains/tokens, rather than assessing it on its own? What constitutes "failure" to you? Is total and complete domination of market share the only metric of success? Widespread mainstream adoption? Your expectations of Hive in almost every aspect seem to be incongruent with reality and so, of course you assess that it has failed, because you expect it to be things that it isn't.
This isn't something that only opponents of Hive are guilty of, by the way. Something that really annoys me is when people expect Hive to be things it is not. I've clashed with a couple of the "OGs" about this. An example interaction follows:
- A bidbot operator who got rich through opportunistic rent-seeking (pick one, there are several) starts bitching about how Hive is not working (i.e., not making them richer fast enough).
- They suggest removing the reward pool for content, completely ignoring the entire purpose of Hive, because "token go up = me rich".
- They elaborate on how we should "pivot" Hive to leverage the latest craze in crypto, be it scam ICOs, DeFi (you want ponzi? there's your fucking ponzi, lol), NFT, whatever.
- I point out that there are thousands of shitcoins out there doing exactly what they want, and if they want to be invested in that, they should probably power down and buy into those instead, rather than try to hack together some bargain-bin version built on Hive.
- They suggest that because their account is large and mine is not as large, that I don't know what I'm talking about. (I still don't understand that guy's logic, but ok).
It's heartwarming that you're here, explaining to a vibrant community (which you abandoned long ago), out of the kindness of your heart, that everything they're building isn't going to follow the same market patterns as blockchains built on pictures of dogs. But I don't think very many of us are expecting it to?
It's not that you're actually wrong about many of the points you're making, it's just that... Hive doesn't really care. It's not as simple of a use case as value storage and movement. It's an intricate social economy where you can literally buy and sell human attention. It's its own little society. At the same time, there are things that Hive isn't and never will be, because of the technology it uses and the way that it is. Some people think HIVE is good money and, were I in the business of deception, I'd have a bridge to sell them. Of course HIVE isn't good money; it's not supposed to be. It's liquid stake in a decentralised autonomous society. Was that not cool enough already? Is your house money? What about your car? Your membership at the country club?
Why does everyone who writes posts like these expect Hive to be what it isn't?
It's like you've landed your ship on an uncharted island with an indigenous population. You're wildly pointing and gesturing around, trying to communicate to us savages that our society is going nowhere, because you have a washing machine and a microwave at home. Okay? So our population and our GDP isn't the highest in the world. That's kinda obvious, right? Anyway, we're cooking sweetpotatoes in our clay pots. Want some?
Hey @lemony-cricket! How you doing :). Let me answer your questions.
I literally put this two times in my post lol. I will quote it here for you:
Oke if you read my blog post (I have the feeling you have skimmed through it reading your first question), you might see unlike those other OGs, I am trying to give real substance to the failing of Hive. And you comparing me to "other OGs" and adding a metaphor, which is related to how you feel instead of getting into my blog post, frankly doesn't invite me to respond on the substance of your comment.
I did, in fact, read your entire post, and even made an attempt to set aside the numerous technical and economical misunderstandings in order to address your actual point.
I've been on the Internet for a while, and I'm no stranger to mental gymnastics, nor blatant evasive manoeuvres like this one. It was certainly not my intention to equate you with those people; it was rather an attempt to show you that I don't go for this kind of rubbish whether it's an attempt to hype and pump Hive to the moon, or not.
I think my metaphor was pretty on-point. You're literally coming here and using our working system to tell us that our system cannot possibly work and to explain why. By the way, your explanation that you're coming back "out of past love" doesn't answer my question. Why did you interact with our blockchain today, if you think it doesn't work?
Did you think that... it's the best way to reach us? Hmm.
Price matters little at this point, it is just a nice bonus.