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RE: The Power Of Smaller Accounts On Hive

in LeoFinance2 years ago

As a small account holder I gotta say that trying to grow an account's Hive Power (staked HIVE) is tricky when the majority of earnings need to be spent on things like food, bills and other living expenses. This is especially true when the default split is 50% HP and 50% HBD (which is fine and all) but that plus exchange fees to convert the usually meager earnings into spendable fiat makes the whole endeavor quite discouraging.

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Those who are living off their Hive earnings are certainly going to suffer a harder road. We all have circumstances that are unique to us.

However, if one can keep a little in the ecosystem and get that growing, we will see a greater impact overall.

All of us have a role to play.

Posted Using LeoFinance Beta

I hear ya and agree.

I just wanted to point out that starting from 'zero' and building up (primarily as a content creator) is in no way a straight line from minnow, to dolphin etcetera... and yeah its discouraging from a financial perspective.

Personally, the inherent value of the community and the technology is what makes it 'worthwhile' for myself but for most folks it is a process of discovering (or determining) that value for themselves.

Obviously the more overall staked (Powered Up) HIVE the better off the network is but most folks at an 'entry level' lack an understanding of that.

Obviously the more overall staked (Powered Up) HIVE the better off the network...

It is also better for the individual. That is the starting point for all. Hive Power is what unleashes everything on Hive. This is what people do not realize.

Just look at the airdrops that are coming. What are they based upon? Hive and HP.

Posted Using LeoFinance Beta

It is also better for the individual. That is the starting point for all. Hive Power is what unleashes everything on Hive. This is what people do not realize.

For sure!