The simple fact of this whole last few months is this.
Investors looking to buy Hive will be repulsed by the behaviour and words of a few of the top witnesses. If this was a company they would have been fired the second they started cussing people out and accusing them of being "willing to sell their mothers for money" on top of the other rampant swearing and derogatory comments.
People have left Hive and are continuing to leave due to being sworn at and belittled publicly.
- Witnesses, especially top 20, should not be behaving like teenagers swearing online. It's going to make everyone think this chain is a complete joke ran by angsty teens who love cussing people out and behaving badly. Hive didnt go to 3 usd because of fundamentals or sentiment, manipulation by centralized exchanges caused this, it is now 1.50 usd. It will go below 1 again mark my words.
And the fundamentals are still here but are eroded by bad witness outbursts publicly. We all criticized EOS when they had drama, this is no better
Then they too have an issue with free speech. It can't work both ways.
People leave every platform for various reasons. There's no one-size fits all solution. Looks to me that more are coming than leaving. New users are more likely to buy, while older users are more likely to sell.
While the inference might sound negative, it's how markets work and for Hive to succeed, we need new investers. Retention is another animal that all platforms will never tackle either.
1(b.?) Again, free speech. Swearing is common place these days. It's here to stay and plenty of people swear legitimately in common conversation. It's becoming more common, not less.
Also, those here in this thread are not representative of the top 20 as a whole. That being said, we need fresh blood in those positions. A few new 1st layer developers would be nice as well.
I don't take issue with the downvote. The problem is it only affects earnings and reputation. It needs to be added to governance as well. As is, the top 14 accounts can push their will on the platform. They don't own 51% of the stake though. All the levels below Whale could override their votes for Witnesses and Proposals if the downvote were added to them. This is what I'd like to see.
unfortunately, people do get partially stuck at certain ages of development, yes - ideally, freedom of association via layer 2 can start to resolve the problems being caused by it.