I'll tell you what i think. The brick wall these systems will encounter is growth. Let me explain. Networks grow based mostly on freemium service models. Every successful network uses freemium services. Netflix gives you free viewership for months. Most dept stores give you rebates and free trials. It just goes on and on. In dpos cryptos it's very difficult to make money because remember they depend on a great degree on inflation however their growth seldom keeps up with inflation. So it's never going to be enough buyers incentivized enough to participate.
It's an unfortunate situation. Is there a solution? Maybe if you're a writer and you have a conclave or network. that's problematic. It's alot of if's and it's just not going to be worth the trouble for most users. So economically the posts themselves have a value of zero. Why is this? it is because most of this information posted i can get online free. So it's no competitive pricing in the market place based on this.
So that means the post value themselves are completely arbitrary. So it's mostly based on the conclave. Who likes you for whatever reason. it's probably in my opinion one of the worse economic models in existence. Simply because most economic models are somewhat based on a degree of freedom despite whom you are. This is not the case here. So if you have all those elements and you're self voting to kingdom come. You've invested the time growing a community of people around you. Sure your results may be good however you can see how impractical this would be for most people.
This then will bottleneck down to a very minoritized group of individuals who earn well. That's why you see the same people pretty much earning on the blogs. So as far as pure investment. Well hive has struggled to obtain it's (ath) all time highs. So you can't really call that progress from an investment standpoint. The best hope would be drawing interest off the hbd and it's got many issues holding it's stable price.
So my honest and professional opinion is i can only think of one project on hive that really have a chance in the future and that is bitcoin myk. The reasons are simple it's based completely on a growth system and metcalfe's law.
it doesn't use social behavior to gain value. The value gained is all based on merit and although you can manually vote and move money. There is an autocuration system that makes sure everyone earns based on their merit to a great degree. It works more like a freemium model where anybody can come in and do well. So it's why mainstream social media will always be better than crypto social media. The reason being is the efficiency of mainstream social media gives everyone the same tools despite who they are and what their stake is. I can get the same services from most mainstream social media sites that everyone else can. that's not how it works on hive. Hive feels like a pyramid type business. It's always going to feel that way because it doesn't use a freemium service model. So it will never be able to obtain significant growth. So i can go on and on longer but i think this video i'm posting shows a great deal of information on what the problems and solutions may be.
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