You don't want just Hivians deciding what content is most important. It's a key part of the community and how this all works, but if you allow advertisers to pay content creators perpetually, 1)Hive crypto is purchased to pay people, which raises the value of Hive tokens 2) people are encouraged to make better content, 3) you don't have whales with the power to decide what is important based on their whims. Realistically, if one whale votes against 500 people, earnings can be wiped out in an instant...does that mean the post wasn't valuable to the community? Nope...just to the person who holds the wealth...how does that make this place better? Someone paying to advertise around your post? That shows your post has value, and the token thrives and the better content makes the Hive better. People get paid twice-once by upvotes and twice (perpetually) by advertisers. It's better than YouTube at that point and better content will follow...
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It also allows advertisers to sell in the Hive marketplace, which increases Hive commerce, leading the Hive currency to actually act like a currency on a much larger scale...which then gives Hive increased legitimacy all over the world.
On the contrary I want exclusively Hivians deciding what is important. If someone could just come and buy millions of Hive that would consolidate too much power into one hand. You make quite the points for outside advertisers. I do think what the Hive wants is best for the hive and am not sure how that actually plays out in the long term. Ill reflect on those points that you made as they have a lot to think about. We do agree that the Hive community is already better then boooTube.
People can just buy millions of Hive. I have about $300 worth that I bought.
What crypto would you suggest buying Hive with? Is there much difference in spread or transaction costs?
I use $US to buy BTC, then buy Hive...at least I did when I first came in when it was around 400 satoshi or so...
Thanks for letting me know. I bought some today with BTC. Easy enough and now i can contribute more. wohoo.
See there...anyone can buy a stronger vote :)
Absolutely, it is important to the growth of the Hive. I want to grow with it, not just pay to use it for one purpose.