And you are representative of the average potential user? Not likely, you need to look way outside of yourself for this one...
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And you are representative of the average potential user? Not likely, you need to look way outside of yourself for this one...
Yeah I get that too, but reality is this is available to everyone who puts effort in for a long period of time.
Just curious, how many hours a week do you average on Hive and how many hours for the week you've earned the most? I'm not looking for exact numbers, just the best guess.
Never really checked but would guess 50 hours per week and somewhere around 600 hive being the best week. I used to spend more time, but have cut back. I believe you need time being active to get established.
Right, so more hours than an average full time job for about the earnings of a poor person for just one year, but it took you six. Most won't find Hive worth the effort and is why it has stagnated.
Yes that is one way of looking at it. The other way is you have grown a base that you can then put less time in and it will generate far more in the future. Time is needed in the beginning.
This view always bothered me and is the most common reason people don't stay. The write a blog and even if it gets $40, they go 'that's not even equal to 1-hour salary at work! and it took 2 hours to write, fuck this'.
Nobody understands how value here works. Like I've just watched my account casually go from $9,000 to $12,000 as the markets creep up in value. It's hardly impossible that goes to $25-$30,000.
At the end of the day, it's simply because people don't enjoy blogging, inherently. It's just not fun or interesting. I happen to like it though, so I stick around, and now people are jealous that I have $25,000+ in various places of crypto I earned 100% by writing words on a computer once in a while.
I might have instead watched a TV show every time, or gone fishing, and earned $0 in the same period. If you enjoy it, doesn't matter.
Ah, but people obviously do like sharing on social media or the big web2 apps wouldn't be so popular. So the problem is the framework and unspoken rules here that holds it back. That only happens because of the weird economics that increases ones power exponentially as they stake more an more. The longer a few grow so large that they cannot be touched before the masses come to even it out, the less likely the masses will come. A cycle that kills growth.
On top of that, crypto is just seen as a grocery store rewards point kills its appeal. After jumping through all the hoops and paying all the fees to withdraw you no longer have $25k and then there are taxes. So, even putting in 50 hrs a week that doesn't take you beyond poverty level earns even less. So, the shown value is just an illusion.
Look at InLeo Evergreen rewards. It's touted as a way to earn forever, but if you power down you can't earn them. So, ever benefit Hive touts are all negated in some way in the name of fighting abuse. Because of this Hive's big day will never come.
My original comment was to bring forth the fact that over 50% of that middle class HP is left by those who have left Hive, because they don't care about the worthless credit earned that's only worth the cost of earning if you live in a poverty stricken 3rd world country. So, guess what the platform's becoming? A 3rd world platform, further taking away it's appeal.
The governance is part of what keeps us from growth and drives people away, because it isn't revolutionary. It's just a worst version of the failed representative real world governments that more and more are coming to hate. Hive is essentially a failed experiment. Either it changes or someone else will build a fixed version and will become dust.
I mean I agree with several points, but 'Either it changes' ultimatum is a bit dramatic. As far as I can see, it's already in a position where people can utilize the platform to create great things. There's just nobody doing it, and I don't know how one would make that change when there's no CEO or any real risk.
Nobody is incentivised to hire a full time staff to expand, nor get any outside investors involved - there's nothing to invest in.
But yeah you can't really blame the back-end that is Hive, so much as the very concept itself: Crypto, Tokens, Blockchain...
So you either accept its just something most people aren't going to be interested in the second they hear any of those red flag keywords (blockchain etc) and make with it what you will... or, you move to the standard web2 and start a fight about abortion on X until you become viral enough to start peddling a book about becoming a millionaire overnight in 8 easy steps.
Or I suppose third option is you create a Hive-backed platform where Hive itself is so well-hidden that the red flags all get concealed and the tokens get auto-exchanged into USD or something.
existing on a blockchain is like living in a neighbourhood with a registered sex offender. They could be absolutely, 100%, honest to the highest powers reformed, Godly and castrated. Maybe even completley innocent to begin with.
The value of housing is still gonna plummet lol. There's just no easy way around that fact.
The average user is lazy, a complainer, and simply says give me votes.
And there it is...user.
Are those with stake users? They seem to want prices to go up so their wallet is worth more.
You say I just try to rally the troops? Have many times have I written/spoken about the ownership mindset? That isnt rallying the troops as much as assigning responsibility, something people abhor.
The reality is the same marxist stuff: attack the successful while pointing out what is wrong and the masses are overlooked.
It is a permissionless system. Anyone can post at anytime. They can focus upon layer 1 coins and layer 2 tokens.
Not sure any of that is relevant. How much stake is just sitting here in limbo, because people don't like how the power is distributed here? If you want web2 users then you want people that just want an audience and to earn fairly for their work. Add the politics and you burst the bubble of interest, which is exactly what has happened. Most don't care, won't care and the "revolutionary" tech here doesn't matter nor won't. Hive has set itself up to fail from the beginning and only the few holding onto hopium, but only see through a tunnel stay.
Here's my reply to @mobbs, which is partly relevant here, at least in part,
How is power distributed? It is based upon stake. So what is the issue? The fact that everyone doesnt have the same power?
This is true, or at least for a while. Most didnt care about video conferencing until COVID even though the technology was around for a decade. This is the history of technology. It is always the early adopters who are first.
Yet, if they are here, what are they here for? Is it the rewards or is it a chance to build a brand? Or is it just social media interaction?
In either case, the distribution is not relevant in any of those cases. Oh wait, only in the rewards because people want handouts.
What does this even mean? What is fairly?
Not sure what you mean, but stake weighted power will only be popular with those who have the highest stakes. It's a failed mechanism, other than for allowing an internal economy to survive with just a few people buying and selling.
With tech sure, but not so much with governance. People don't care about the internals of Facebook as long as they can function as they need. If you think the masses will come and the majority will care about anything but earning and audience, then you'll be disappointed. They don't want to be loyal to a product. They just want it to work towards their benefit.
Handouts? So, the Journalist who spends months on a piece is asking for a handout when they expect that piece earns revenue and do it beyond 7 days? I can use this example for many fields, making your statement ridiculous. That's why we don't have professionals using the platform. Hmmm, I wonder why Influencers don't come or when they do, don't stay?
Stake weighted governance is an awful idea and user numbers show that. Also, stake weighted voting is why professionals won't make the earnings they believe are deseved without putting TOO Much effort into it. When the time frame of success here is realized, they leave.
As usual, you HOPIUM sellers only look at the issues with a very narrow perspective, which is why Hive is stagnate...
Really? So you dont think that people should have a say based upon their stake? Instead, just show up and you are counted the same as those who are involved, doing the work, and have an idea of what is going on.
We see this mindset all over the place and it is an awful ideology.
Yeah. Those without resources always want to have say over those that do have them. Sorry but I cant agree with this ideology or the support of it. This is nothing more than the proverbial class warfare. But now I see what you are saying about "earning fairly".
At the very least, not for governance.
You can't fix a problem if you don't understand what it is or refuse to see them as a problem...