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RE: Adding To Hive's Fixed Income Platform: HIVE Into Savings

I'm not sure it's wise to incentivize weakening governance for profit. HP holders would see easy money and power down. I don't see how that contributes to furthering decentralization efforts either. You'll end up with people thinking, "Why should I give a fuck about witness selection, proposals, etc. if I can just make some easy coin."

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This is an interesting possible outcome.

Although I wonder how much HP is tied up in curation pools for passive earnings through curation, and never used in governance, because the owners are as passive about governance, as they are about earnings?

I think the more questions we ask, the more answers we find, and then more questions like yours are asked, which generates more answers and then more questions.

In a way, it’s like one peak down a rabbit hole seems to reveal more rabbit holes, with each successive peak down each new rabbit hole revealing even more rabbit holes.

:)

Posted Using LeoFinance Beta

People do often shoot themselves in the foot, for profit.

It can be both funny and depressing at the same time. One example is how several members that share common interests delegate their stake to something like leo voter. Now they can't support one another, so their posts receive fewer rewards, or they've concentrated all those potential views into one view, and now their posts aren't getting views, because a service is literally paying people to not look.

It's a fact here. People WILL put profits before connecting all the dots and seeing where it could lead down the road. So yes I don't mind pointing it out. Folks talk about the importance of retention and in the same breath offer them ways to get paid to not be around. Six years of this shit...

Whatever..

I didn’t see this before: “.. because a service is literally paying people to not look.”
But now I do.

I think your right to say that because delegation relieves you of the need to curate, so why look at posts anymore, and if your stake is delegated, why vote.
Interesting.

We always learn something new, when we allow ourselves to see through the eyes of another.

This one is funny, but true, it explains the absentee landlord phenomenon. ”.. Folks talk about the importance of retention and in the same breath offer them ways to get paid to not be around.

Yep, they are not here minding their delegated stake, and seeing what people do with it.

The same could be said for stake parked on exchanges, and used to vote by exchanges.

The more you look, the more you see, and wonder why.

Oh well.

Posted Using LeoFinance Beta

Many of these situations where someone is dangling easy money over ones head in my view seem like cutting one end of the rope off, tying it to the other end, then convincing people the rope is longer; but really the rope has only become weaker. Nobody notices because money good.

Blah. Back to sitting back and watching.