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RE: HIVE: THIS IS NOT 2018

in LeoFinance5 months ago (edited)

"...its core stakeholders are stuck in their ways."

And they will remain so. The core stakeholders are investors, and sound prudence dictates that cash is king, so they treat their stake as ROI generation they will maintain. This isn't going to turn out well for Hive, but investors are prepared to maintain their capital by moving to new investments when the market dictates.

Hive is a plutocracy. Plutocrats will maintain their governance.

Thanks!

Edit: I forgot to mention that I disagree with almost every other point you make in the OP, particularly regarding the demographic that can be on Hive. I do not fit your characterization because I am only here for free speech. The price of Hive only matters to me because it affects the society of people that use Hive. The Hive token is relatively unimportant compared to freedom of speech, and were Hive managed for it's highest and best value rather than financially prudential, we'd not have lost ~2M users since 2017.

Ironically it is prudence that has, and will continue to crater Hive token price, because prudence treats all other values as subsidiary to financial considerations, and it is free speech that has existential value, not money.

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Hive is a plutocracy. Plutocrats will maintain their governance.

I agree and this is what I am appealing to (by extension)--the interest of the plutocrats, which I believe is the sustenance of their cash cow (Hive). We can have a win-win where everyone who is remotely interested and invested in the growth of the blockchain wins. It should not be a zero sum game.

Lastly, there isn't a single solution to Hive. I believe free speech matter, so does the token and the demographics the chain pulls. Everything matters. I will also argue that "money" despite being a man-made construct , has existential value.

We are all here for different reasons and I believe those reasons matter as long as they do not jeopardise the chain (which enables everyone here achieve their goal, whatever it is to make money, build social capital or protect or advance free speech).

Thanks for stopping by.