You are viewing a single comment's thread from:

RE: Social Layers & Reward Pools - Let's Talk About It

in Threespeak5 years ago (edited)

It kinda' sounds like, if we went with this, every dapp will follow the path of D-live, and accept cash payments for in app currency. The only way creators will have access to hive, is if people tip them with in app currency which can then be converted/sold for Hive.

IF creators don't ever get Hive, then what meaningful way could they ever hope to influence the platform? How could they ever become influential enough to have any meaningful impact?

I get the arguments against a free market, though I fear the emerging consequences of an overly regulated one far more, that's why I'm so reluctant to see my only resource and 'power' on this platform stripped away and held by 2nd layer gatekeepers who are beholden to hive stake holders.

I can't shake the feeling that this is a power grab and an attempt to centralize power, even if that isn't the intent, and even if that isn't the desired end goal - it will be the end goal regardless.

Sort:  

I understand where you coming from. Fact is that at this point in time, nobody has real influence, except a couple individuals. We have 42 whale accounts? The number of individuals is less than that, for sure, How much less, I dont know, but considerable less. They have a stake that is around 50% of maybe 40%. So how decentralised is that? And what about our witnesses: 20 of them (well, 21 but 1 is reserve). 20 is not a lot and nobody can guarantee their independence. Nobody thought that a single entity could take the power of a chain, but it did happen. Now people think they are save because STINC and TRON are out, but are we save? I dont think so. I know, this is not a response to your comment, but I just try to voice that the current system irrespective of what HIVE token are distributed to, needs work, massive work to be able to function as one of the top chains.

For a long future ahead of us, I predict by far the majority of social media users is not at all interested in being able to control anything other then their own content. The fact that every stakeholder can vote for witnesses and for proposals is so complex for the average user, they will either not so this, or not become part of our community because of all these complexities. The reality will then be that many users give their votes to some proxy and we all saw what happened about half a year ago. The world is not ready for a fully decentralised ecosystem, I wonder if the world will ever be ready for that.