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RE: Reward Pool Town Hall

in LeoFinance5 months ago

Pity I couldn't make it.

I can't say I fully agree with the logic considering ad revenue and data collection are the exact type of WEB2 business models we've striven to get away from

Ad revenue is a scourge on digital society.

I also take issue with the idea that we can just move rewards and emissions to the second layer. Again the logic just makes zero sense to me.

One of my arguments against this is that there has to be the potential to own part of the network, without having to buy in directly. Even small amounts should be possible to earn. However, as we go forward, earning from content will have less significance percentage wise. I see the sellers as future regretters. Second layers are like businesses, I want to own the marketplace and by extension, a piece of the businesses it hosts, without risk. - Hive is the marketplace for all businesses upon it.

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"Hive is the marketplace..."

Society is far more than just a market. It is reducing Hive to a market that renders it more vulnerable to financial monsters that be out there. It is what keeps an oligarchy entrenched in control of governance, and prevents the society of humanity from taking advantage of rewards to blow Hive up beyond what centralized social media have become, despite they lack that potential to add significant financial incentive to the bulk of society, which Hive inherently possesses.

Society is a vastly greater thing than a market, and we are blinded to the forest for focusing only on the trees on which money grows. There is a tyranny of stuff that is oppressing society, and keeping Hive down, that breeds inequity and inhumanity, and we should seek to better disburse and disperse rewards in order that the rest of the trees are fertilized and the forest of societal values fully blooms and bears it's overwhelmingly powerful fruit.

It is all a market. Life in society is about trade - money, ideas, love. It is sharing with each other, being vulnerable, supporting at the personal level. At the stranger level, that trade comes through value trade.

While you correctly note that there is this give and take, most of what is most valuable to us as people isn't quantifiable financially, isn't part of that market, and that market is overvalued to our loss of other, more valuable aspects of society on Hive.

Specific financial mechanisms on Hive completely supplant more valuable aspects of society, particularly governance and only a little less so curation, through the imposition of stake as a metric for value.