Inflation already drops about .5% per annum and will settle in at 1% in a decade or so I thought. In any case, I do not concur with this, let the inflation continue to drop incrementally. Even without the ninja mine, the distribution needs to improve even more than it has already.
No offense, this seems like it's rooted in lack of patience and desire for instant gratification regarding unit price. If the same amount of effort was put into marketing and building demand for the token as it is with building stuff, this probably wouldn't even be a conversation. The 'Build it and they will come' mentality rarely ever works. I'm not sure decreasing supply will drive demand either within this context, as much as it will probably drive away users. Our problem is a lack of eye balls. Unfortunately our brain trust on Hive consists of mostly software developers and not marketeers. There also seems to be little concern with making the technology less esoteric, so our adoption curve is shit.
I don't know if this is true in all cases, but in the case of Hive it definitely is. So much good development, and... crickets.
They didn't remove the Ninja Mine they moved it. Plus they added the stake of those they decided not to stake in Hive. All they changed was who allocates it.
Right now it is not liquid and must be hard forked into use. It is part of the total supply, but not circulating supply. It's not a huge factor in terms of HIVE price in the short term. Besides that, it should not matter for the same reason 8% inflation should not matter. Real demand for HIVE would soak it and the inflation up no problem. While it's great we have so many builders and coders working on projects, it doesn't build real demand. Of course builders and coders will look at this as an engineering problem, but GitHub updates don't fuel hype for 99% of the potential users unfortunately, and neither will changing algorithms.
Exactly, what I don't understand is why you make marketing for SL but not for Hive. Is evident that we're like the cinderella that nobody knows. (Yeah I know is a very kitch reference but i think that reflects well the situation)
Posted Using LeoFinance Beta
"Unfortunately our brain trust on Hive consists of mostly software developers and not marketeers"
I don't consider this unfortunate. It does seem to present a challenge, but our team has been on fire since the fork from steem and I've really enjoyed watching everyone rolling up their sleeves and getting stuff done. However, I do agree building a monument without telling anyone one it's there doesn't seem like a solid plan to launch a tourist attraction.