About 95% of new users will end up plagiarizing, spamming, insulting someone, begging for votes, or using AI... Then they get hunted down and leave without bringing a single friend. People really underestimate word-of-mouth marketing. Back in the day, there were people who actually helped newcomers. Nowadays, someone sees a newbie plagiarizing and just downvotes all their posts, not only the wrong one. They’re so obsessed with protecting the reward pool that they’re okay with having zero user growth. Even I never upvote new users, because I know they’ll mess something up and lose all their rewards and I’ll lose my curation too.
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If there's a trade off between protecting the reward pool for genuine users vs user growth where a lot of them abuse and scam, it's a no brainer which is more important.
There is no perfect system in the whole world, I bet if they allow bidbots back where people can actually spend to buy upvote you will see the price of hive fly, and sadly it will be greatly abused but the price of hive will fly, as most poeple love 75% certainly when investing thier whole time in something.