Do minnows ACTUALLY add a net positive value to the blockchain?
And by "value" I mean "fiscal value" so we're clear. Sure, we add social ecology and hugs and kisses all around, some low key entertainment on a good day. Just like any other app. Oh, but we invent DAPPS, we build games, we have offshoot Discord servers. All of these generate money and happiness and bliss--much of which gets reinvested BACK into the blockchain.
Bullshit. Most of it goes in pockets.
Do we, the proof-of-brain, penny pinching minnows actually provide a net positive fiscal contribution to the economy of the HIVE BLOCKCHAIN? I doubt we do. In fact, as an investor-driven economy, I am rather convinced we do the opposite.
So why are we here?
Why keep us around? Why reward minnows at all if we deplete the rewards pool, complain like entitled little bitches about votes, and downvote the only people who actually have a right to vote at all, if we're being honest? I have two guesses:
- Witnesses are torn on whether we should be an investor-economy or an attention-economy.
- We're attempting to become both
Only way to become BOTH an investor-based and an attention-based economy is to grow and nurture a loyal userbase so we can take the platform to larger investors who will do paid advertising once we're big enough to create a probable return on their investment.
That's it. All the other stuff is fluff. It's fun fluff, it makes money for some people, some of that money comes back to Hive. But the rest of it is fluff.
In the meantime, I'm happy being the guinea-minnow that I am. Maybe someday I'll invest like a real boy. Also, maybe someday I'll have the money to invest like a real boy.
Minnows increase the Demand side of the supply and demand equation, thus increasing the value of the hive coins/power.
That tracks. I guess. And if we hold...but whales could just as easily invest their hive offchain and drive it up other ways. They don't need us blogging about it.
@sircork, does this show up on my main blog page? If not, do you know why?
Yup it does. On peakd I see it in both places "Blog" which is like your facebook homepage showing anything you make plus your reblogs and is your "feed" and in "All Posts" which is just your own filtered out posts you made yourself. its top listing on both.
K, it looks like it's fixed. Not sure why it wasn't showing up on my blog when I opened it. Thanks for checking.
browser refresh is your friend, and cache clearing sometimes. At least on hive blog and peakd I see they sometimes get a little snafu'd in their javascript code on the browser side.
snafu'd for sure. and we luv them.
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