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RE: Regarding DHF and HBD APR.

in #hive3 months ago

In that sense I agree that I have wondered what is the reason for blocktrades to keep voting for these proposals.

He is a clear example of someone I respect a lot here and to some extent trust his judgement. If he thinks it is necessary to continue funding this I would give him the benefit of the doubt at the very least.

If @blocktrades could share his opinion regarding the current state of the DHF and APR on savings It would be very appreciated.


on the other hand, I think you shouldn't underestimate your 22K HP.

Assuming 180M HIVE staked, your vote of 22K represents a 0,012% stake.
In my case with 250K HP it's a 0,138%

When I vote for the presidency on my country (Spain). My vote equals the same vs every other active citizen.

We are 37M active citizens so 1 vote equals to = 0,000000270%

Look at it from the following perspective:

It only takes ~8000 people with your stake (22K HP) to equal the current 100%

Have a nice day.
Don't forget to participate in gov!

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I discount my stake because there are only a few hundred active people with a stake larger than mine and getting them to agree on something is like herding cats. It's understandable why people power down or avoid investing in Hive.

I've spoken with some people before about marketing and analytics but my concerns fell on deaf ears. As someone with a background in this stuff I was virtually ignored. Some of these people can't analyze their way out of a paper bag (they are IT workers not financial analysts) and don't want to give up any shred of power to someone who can.

Who wants to be told that the rally car is the dumbest marketing idea since New Coke- people who watch that sport might not be our target audience, there are zero analytics on the impact of that advertising versus other types, so give it up! (Maybe they don't because of corruption.)

They don't even have a plan except to throw shit at the wall and see what sticks. Spending funds on random events in the third world is not a good use of funds- they share no way of judging the impact of the proposal on hive's value because they know it's negative accounting for the inflation.

They are scaring away people with funds from investing and the price of Hive continues to drop surprisingly faster than the inflation as people with HP give up. What's the point in participating in governance here, to protect my $4000 investment? I could make a better return mowing lawns...

Who wants to be told that the rally car is the dumbest marketing idea since New Coke- people who watch that sport might not be our target audience, there are zero analytics on the impact of that advertising versus other types, so give it up! (Maybe they don't because of corruption.)

Oooopss!

New Coke

Sadly, I can agree with most of what you say. But it is only my perception of what is going on and I may well be wrong.

And the same goes for me. Have a good Sunday mate. A pleasure to share these words.