RE: Levels (Questions for liketu users)

The equation needs to be balanced, otherwise whatever you "earn" will be close to nothing, and trending towards zero.

There's nothing wrong with creators (or just regular people for that matter) posting what they already post online. That's one of the reasons why I don't really set any rules for what is posted on liketu. But I am also cognizant of the limits of the current system, and where I hope things can improve. In any healthy economy, there needs to be a healthy balance of supply and demand. Imagine a world where nobody ever bought anything, but only sold things?

So why does rewards people earn on Hive have any value? Well it's because people purchasing Hive are contributing towards the demand side and thus keeping the value of the rewards people earn greater than zero.

I might be amongst a smaller demographic of people here (on Hive) who are willing to pay directly for content, but I am not among the minority when compared to the rest of the internet who are quite happy to pay for content from creators they like. And it's not even just Patreon or Onlyfans, it's Twitch, youtube, and now instagram too.

We can continue to socialise the entire rewarding mechanism and do nothing else - or we can at the same time offer people self sovereign accounts and tap into the regular exchange economy. I believe all it takes is a gradual culture shift of not just seeing the reward pool as the only means of monetization and for bridges to be made for people who are not native Hive users to easily participate using HIVE.

The reward pool is a powerful incentive mechanism to invest into the network effects, but it's existence actually deters people from spending directly on the creators, who if successful, could actually eclipse the reward pool in terms of amount they earn per day. Successful creators could then use their Hive earnings (from people who pay them directly) to reward people who subscribe to them with their powered up influence, and engage with them, possibly retain many more recurring subscribers.