I guess 'we' wanted the already too rich to grow even richer.
The imbalance in rewards to go to those with the most.
The ninjamine did create issues, removal of Steemit fixed most of it but this here I'm fine with.
It did make sure Hive cant sustain creators but if those that put in no money get a larger chunk of the inflation than those that actually put money in, we end up having a problem.
All the while hive gets the reputation in the industry as being a steady transfer of funds from the suckers that buy in to the accounts that already have the most.
You could describe everything in crypto like that from Bitcoin to Ethereum to Hive. But only Hive gives out some rewards for participation in the ecosystem.
So you are actually a bigger sucker for taking part in any of the other crypto ecosystems over that of Hive.
Amen.
If we don't like how hive is being managed we should power up more hive.
The people that put in the most money should be mostly focused on raising the price, imo.
The <6% that will be diluted this year is negated by a .03 rise in price.
Were the price to double, the <6% is inconsequential, as relates to outside values.
Yet, the control freaks still want to control it, and everything else.
What I meant is that you described the "greater fool theory" and that can apply to every single cryptocurrency. At least Hive rewards you for simple participation in the ecosystem without you having to invest anything.
Bitcoin doesnt do that, Ethereum doesnt do that. Not even Steem does that anymore. Whales just vote themselves.
So in a sense, if indeed everyone in crypto is a fool, on Hive we are the least foolish.😂
Yes, number should go up, soon™.
As 'ownership' spreads, things will get better.
Not necessarily. But more people holding a currency is never a bad thing.
Presuming those with enough to send the price to zero don't decide to do that.
Doesn't seem to be the plan according to the behaviors from the top.