Social dynamics of rewards on Hive

in LeoFinance3 years ago

Yesterday, I was reading an article from the UK about the Bet365 CEO taking home the largest salary in a year in UK history, £469 million. That is 643 million USD, or 1.8 million dollars a day, every day of 2020.

The mega financial package means she took home 3,126 times more than the UK Prime Minister, who earns around £150,000.

The rest of the article focused on trivialities, like her new £90M pound home and driving an Aston Martin with personalized plates - the kind of stuff that people focus on, while missing the sheer immensity of the larger numbers of a yearly salary of that size. What is also interesting is that Bet365 sales were actually down 8% for the year and profits had reduced 74% to £194.7 million, which is less than half of what the CEO paid herself. Kind of interesting. For me to put it in perspective - Denise Coates' salary could buy my house 5x a day for every day of a year.

Fair or not?


image.png


But, that is all a digression from the purpose of this post.

With all of the price movement on HIVE and the excitement around Cub DeFi and Leo in general, it is natural that people will start to change or want to change their behavior on the platform. However, regardless of all the reasons one might have to do this, it should be remembered that actions have consequences and what should be remembered for those who have been getting support in the past, they were getting support for a reason and the change in behavior can lead to a loss of support. Whether it is "fair or not" is beside the point, this is just the way it goes when we operate in an ecosystem where people have control over their own activity, which is the other side of the coin of changing behavior in the first place.

Some people post more, some people lower the quality of their post in order to get more posts out, some people just shitpost for reward, some people look for shortcuts, some people selfvote more, some people act in a host of other ways - it is all a personal decision. Voting is also a personal decision, as is downvoting and as price increases, people become more aware of the values on the platform and many start to get the sense of "what is worth" their vote or downvote.

It is also common that people start to compare themselves more heavily to others, sa the increase in price tends to generate larger gaps in result, from the financial perspective. I have explained how the value of Hive affects price on a single post several times in the past, but this is pronounced when comparing two posts.


For a quick and simple example to follow, I will explain using an all things remaining equal other than price example.

@10 cent HIVE

Post1: $10 payout
Curators get $5 worth in HIVE = 50 HIVE
Author gets $5 worth split 50/50 = 25 HIVE and 2.50 HBD

Post2: $5 payout
Curators get $2.5 worth in HIVE = 25 HIVE
Author gets $2.5 worth split 50/50 = 12.5 HIVE and 1.25 HBD

There is only a 2.50 difference in the rewards. This doesn't take into consideration the type of post it is, where for example, the $10 post might be significantly better than the $5 post. No one seems to care that much at low prices.

Now, all voters and stake etc remains the same, just the price of HIVE changes to affect the payout amount.

@1 dollar HIVE

Post1: $100 payout
Curators get $50 worth in HIVE = 50 HIVE
Author gets $50 worth split 50/50 = 25 HIVE and 25 HBD

Post2: $50 payout
Curators get $25 worth in HIVE = 25 HIVE
Author gets $25 worth split 50/50 = 12.5 HIVE and 12.50 HBD

So now, while all things do remain equal and in scale, what was a 2.50 difference in author reward value, is now a 25 difference, because more HBD is being paid out. While this is relative to the past, it seems "inflated" in the present, s because people look at the dollars, a 2.50 differnce didn't seem like much - 25 does. People still don't seem to understand how crypto works.


But, this is where it gets more dynamic too, as this doesn't factor in the difference between the posts themselves, where Post1 was significantly better than Post2. Post2 might have been a shitpost back in the day at 10 cent HIVE and not attract much attention for its $5 dollar payout - but at a $50 dollar payout, it becomes very obvious that it is indeed a shitpost that isn't worth that kind of value. However, the post that has 100 dollars on it, might still be worth the hundred dollars, because when it was at $10, it was under-rewarded in dollar value, whereas the shitpost was still probably overpaid at $5 dollars.

Now, quality of post of what is worth it and not is subjective, but if you consider things like information supplied, viewer attraction, engagement and probably the most important one that is impossible to know, the effect it has on viewer behavior and retention, it is easier to see "evaluate" the worth of a post.

I generally use myself as an example in these things as someone who up until today at least, gets pretty well rewarded. But, it also has to be considered why I get rewarded and while there will be a spectrum of agreement to disagreement on these things, I suspect that I am among the most consistent content creators on the platform. Not only this, my content is generally aimed at helping the reader in some way and over the last three years or a bit more, I have moved more heavily into this direction, helping people find a perspective on Hive that works for them. I can't say who specifically, but I am confident that there are people who are staked here who wouldn't be, if they hadn't have been my follower, as well as a few other people similar to me on the platform. While people don't like Hive-related posts, they are the ones of mine that tend to attract the most interest - but I don't shill price, I don't post "Hive to the moon!", I don't shitpost - each is attempting to improve esonal behavior with an opt-in process that encourages personal development from many perspectives. The reason I do this is because this is the kind of thing I do in the real world too - a place that still exists and isn't on a blockchain.

so, what is the value of one of my posts or someone like @taskmaster4450's from the past, when it has kept people here, kept people engaging, kept bringing perspective, kept people increasing their stake? If you look at it from the moment of the past, it is far less than it currently holds. A person that was influenced to buy a 1000 HIVE for 100 dollars 3 months ago, now has a 700 dollar gain that they might not have had otherwise, if all they ever saw on Hive was shitposts.

While there is space for people to put in low-effort posts for some reward, Hive from a content perspective has to have meat in order to build the ecosystem form a behavioral perspective. Do you think that if my brother had come in and I was a shit-poster, he would have ended up the most engaging author on the platform, commonly getting 500+ comments on his Friday Engagement posts and giving away significant prizes, like on the latest one here. Probably not - his behavior has been affected by his experience on and off the platform and his experience has also been influenced by how he was onboarded onto the platform.

I know there are people who complain about @taskmaster4450 having 2 accounts in the top five most rewarded authors, but he is also someone who like me, has been here daily, publishing posts people engage with and more recently commenting like a maniac all over the platform for years on end. Highs, lows, and through a bevy of flags from some whales - we have been here and I strongly suspect that a lot of other people who you value in the community are still here because of the influence that some accounts have had on the platform.

Behavior, it's a funny thing to observe on Hive when prices increase, as people start to pay attention to things that they might not have paid much attention to in the past - yet those who did, have a very good understanding of what is happening today and understand what has brought value in the past and still brings value. The people who were only looking at the rewards on their posts, are likely still looking at the rewards on their posts, but are also comparing their rewards to those who are earning more than them, and seeing the gap in value increasing.

But, while they are trying to make up for the gap by shitposting more, those who have brought value all of this time keep on doing what they do, potentially attracting more value, as the now overrewarded shitposts start to lose stake-weighted support, especially when they post more often.

Every decision we make has consequences and as a social environment, other people's actions are influenced by our own. Again, while people will disagree with many of my perspectives, I don't think it can ever be argued that I try to do what I think is best for the platform in general the best I can, which is helping Hive people build a healthy perspective of the Hive community and economic ecosystem that empowers them to be their best too. Most will never take the plunge and follow down the path the whole way, but even if they take small steps, they will likely see improvement or, do less harm.

Some people will see this post and say "It is fine for you Taraz, you get well rewarded" - but never make the connection as to why I have got well rewarded. Like the article I spoke of above, they will focus on the house and car, and miss the bigger picture. I am not like that CEO, I do not maximize my returns, I do not have alts I secretly upvote, I do not act in the best interest of myself only, I act in my best interest indirectly through adding value to the people I can, in network I love. I believe that if more people did the same without worrying about the payout numbers on their post or anyone else's, I think they would likely see similar results over time.

How much time? Well, I have been doing this for over four years now, as have many of the other rewarded authors on this platform. This is the thing with building an economy, it requires time and it requires activity that looks to build, not extract. All businesses take time to grow and on Hive, each account has the potential to earn, the only thing that stops any account from earning, is their own behavior on the platform. This can also work in reverse too, an earning account can lose earning potential due to their behavior too, which we have seen recently through the uncovering of highly rewarded authors with highly rewarded hidden alts and the highly rewarded accounts that get zero engagement and haven't commented on the platform for over five months.

I don't expect many people to have gotten this far into the post, but I do suspect that many people who value Hive as a community and as the potential economic powerhouse it could be, did actually have a read of this and probably thought a little about it too. Some people will consume those overrewarded shitposts and get the sense that is all it takes to be successful on Hive and look at 2000 word posts and say, "Ain't nobody got the time for that" without realizes, they are wrong. Yes - some people do have the time to learn how to improve their experience here and in the real world, and improvement they enjoy.

Actions have consequences. Own your results.

Taraz
[ Gen1: Hive ]

Posted Using LeoFinance Beta

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I'm never a huge poster while the price is down; not because I lose interest; I'm still here reading and commenting constantly, but because I don't want to draw on a small rewards pool (in dollar value), particularly while I'm already doing well out of curation rewards.
I tend to post more as price goes up, and my votes get smaller; as I feel the ecosystem/price can support more authors.

I tend to post more as price goes up, and my votes get smaller; as I feel the ecosystem/price can support more authors.

Yes, and especially in the early days of price I think this makes sense, otherwise people like myself will take the same percentage as before - with crazy values. I am already earning "less" than I was a few months ago in terms of Hive. I'm okay with that. Can't wait until there are a million people posting daily and 100,000 are getting something and 20,000 are getting dollars worth at least.

Posted Using LeoFinance Beta

That lady makes 1,250 pounds a minute, 20.83 pounds every second. That’s a load of horse shit lol.

I find it interesting that people are trying to post way more with the hive price and all the posts are talking about how awesome the hive price is and stuff. Cut that shit out and just talk about normal things and ignore the price. I don’t look at hive price posts personally lol

That lady makes 1,250 pounds a minute, 20.83 pounds every second. That’s a load of horse shit lol.

Insanity - isn't it? An above average weekly salary every minute.

Cut that shit out and just talk about normal things and ignore the price. I don’t look at hive price posts personally lol

Yep. It interests me because it affects the things I like to write about, but when I am writing more personal content - what does it matter?

Posted Using LeoFinance Beta

I don't expect many people to have gotten this far into the post, but I do suspect that many people who value Hive as a community and as the potential economic powerhouse it could be, did actually have a read of this and probably thought a little about it too.

Here I am one of the readers who read your post to the end and I agree with all the points you made.
I especially agree when you write that interaction are important on Hive and a payout is not only a result of the quality of a post but also the ability to interact with other authors. Commenting a lot takes time and at the same time incentivizes authors to continue writing and being active on Hive and thus helps the whole ecosystem of Hive that needs users to spread among the masses.
Those who only look at the payout don't consider the value behind an author and especially underestimate the value of interaction.
I've read some articles by @taskmaster4450 and the topics are always interesting but what the average user doesn't consider is that taskmaster writes a lot of comments and votes on all the comments he receives. Those who complain about the payout of their posts are often the users who don't comment and hardly ever read other people's posts.

All businesses take time to grow and on Hive, each account has the potential to earn, the only thing that stops any account from earning, is their own behavior on the platform.

I have chosen not to do selfvote, I write posts that are sometimes too long but I do it because I like to write on Hive and, whether it's a game or a tutorial the topic of my post, I try to help other users or motivate them and I am satisfied with the consideration that my readers have of me without considering the payout that is not very high but it is still good compared to the first months on Hive and is mainly the result of a writing activity that I like and above all is the result of my interaction.
I don't have much time to dedicate to Hive unfortunately but I know that if I want to increase my following on Hive I have to: try to always write useful things and above all I have to increase my interaction.
Thanks for this article that I reblog with pleasure because it can help especially new users to look further than the payout.
!BEER

Commenting a lot takes time and at the same time incentivizes authors to continue writing and being active on Hive and thus helps the whole ecosystem of Hive that needs users to spread among the masses.

Is see it as part of the "job" of those who get rewarded, as well as those who want to be rewarded. No one is forced to comment, but it is an action and inaction is an action too - everything has consequences and plays a role on the future.

Those who complain about the payout of their posts are often the users who don't comment and hardly ever read other people's posts.

Many think that the reason an author gets rewarded, is because of the posts themselves, so they spend time on their own posts - waiting to be discovered.

I don't have much time to dedicate to Hive unfortunately but I know that if I want to increase my following on Hive I have to: try to always write useful things and above all I have to increase my interaction.

A lot are in the same boat and for those who do have other means of being in crypto, it isn't too bad. The challenge is for those who want to be in crypto but can't or are unwilling to buy, they are going to have to do something for a position - this is where I started from.

Cheers for the good comment :)

Posted Using LeoFinance Beta

I don't know how other people feel about author response. I know some post get a lot of comments and no responses from the original author to those comments.

I think if an author really want to grow then they need to reply to at a very minimum at least 3 comments if they have that many, if they have a lot of comments then three real comments back really needs to be done, and not just Thank you, glad you enjoyed it, but real comments back to people so they know you read at least some of the comments.

Why this is important to me is simple, it shows that the author is here for the community and not just a dump and pray place for a vote while they interact with people on YT or FB or some other place they copied and pasted their content from.

Hi @bashadow and Happy Easter :)
Totally agree with what you wrote.
There are authors who really get a lot of comments and it's understandable that they can't respond to all of them but if they can't respond at least they should give a vote even if it's very small but at least so whoever wrote the comment knows that the author has read that comment.
I personally when I comment on an author several times and I don't receive a reply or at least a 0.01% vote, I don't follow that author anymore and I don't vote for him anymore (except if he writes very useful posts).
!BEER

It always amazes me when so called big names from yt or fb or other sites come over, copy paste their stuff from the other sites and just expect auto votes and comments with out ever responding to a single comment or taking the time to even vote on other peoples works.

!ENGAGE 15

Thank you for your engagement on this post, you have recieved ENGAGE tokens.


Hey @bashadow, here is a little bit of BEER from @libertycrypto27 for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

Personally don't focus that much on voting rewards anymore (although they are definitely welcome). I am content with my small circle I interact with here though. Sometimes knowing your circle guides you with what you have to offer in terms of content. Still, everyone is allowed to do as they please...whether the rewards come or not Is up to the community

Sometimes knowing your circle guides you with what you have to offer in terms of content.

For sure - content is generally driven by preference and social interaction. When sitting at a coffee with a friend, I don't talk about how to use the features of the software I train at work. I say "work sucks/is okay" and then we discuss real things about our lives.

whether the rewards come or not Is up to the community

Yes, but the community can be influenced by the individual :)

Posted Using LeoFinance Beta

I missed the linear curve info, has there been a decision made the 5 minute window to a pre-determined time. 2 hours was mentioned,.. is that it?

I still don't know how you write so much and remain married. I could do another 'Tales' today, but feel like I am shoving too much content out given the perceived increase in $$ value, and those bigger number showing.

has there been a decision made the 5 minute window to a pre-determined time. 2 hours was mentioned,.. is that it?

I think the decision has been made. BT responded on the post a few days back about it.

I still don't know how you write so much and remain married.

Thank the gods for the bull market.. :D

I went to 2 a day a while ago, but made them a bit longer as the value I received increased. I don't think I would survive long at 4 a day like it once was.

Posted Using LeoFinance Beta

Hahah yeah, staying married and doing 2 a day would be tough! Thank god for post scheduling is all I can say! I struggle sometimes with one a day but it’s gotten easier over time.

I do not have alts I secretly upvote, I do not act in the best interest of myself only, I act in my best interest indirectly through adding value to the people I can, in network I love.

This is what counts insn't it? You have steadfastly continued doing this and look where you are now.
Most people focus on the money only. but if the focus get's changed from the self and placed onto others in kindness, the money will come by itself.

How do I know this?
I work at a charity and I eanrn a pittance, but that is not important in my life, as I am rewarded by many thankful tears of the ones that we help. In the meantime, the money has always appeared, many times out of nowhere to keep us going.

"Do what you do, do well boy"

There is always a balance involved - focus on others too much and one will be short to help others later. My dad did this - helped who he could, never helped himself, wasn't able to help more.

Hopefully in the coming months, the work you have done here will see a significant inflation in value and you will be able to take some of it to improve your capabilities for the coming years. It can happen - sometimes out of nowhere :)

Posted Using LeoFinance Beta

Well in some ways I am very similar to your dad, but I am a slow learner and will get there one day.
That balance is what I have to achieve.

It sounds good and as my thought is that hard work always gets rewarded, we do hope for this.

but I am confident that there are people who are staked here who wouldn't be, if they hadn't have been my follower, as well as a few other people similar to me on the platform.

Am one of such people. I love your contents. They really teach me a lot and it’s helping know more input this platform.

II think there is a lot of value in this kind of content (which is why I write it) but I hope that not everyone starts creating it, as it loses value fast :)

Posted Using LeoFinance Beta

lol I see

Lol I see

congratulations For 82
in
ADVANCE ///////

Lol, still likely many weeks away. It moves slow.....

Yes its true man.
.
But you are the champion of the hive.
.
Most higher RP you have.
With good activation time

What can I say, people's behaviour will definitely shift when thwtest an increase in token price and also a decrease too. But then iresspective of whatever anyone thinks, the people that will mostly rewarded are those that are building, staking and engaging whether the prices are high or low its about reward of loyalty and doggedness. The bot curators have levelled the playing field so I think people should stop complaining and focus on building long-term.

Posted Using LeoFinance Beta

It is going to be interesting when the curation curve gets removed as well as the 5 minute window, as I think it could shake things up quite a bit :)

Posted Using LeoFinance Beta

Obviously it would get more intresting, im hoping to see the reaction of people when the curve eventually changes. These things comes with price increment.

Posted Using LeoFinance Beta

Youngest was asking me just earlier (because like me all the best thinking is done when you're meant to be doing to bed) about posting and what to post about and how to go about it (his adhd is the type that makes it hard to sit down and slow the brain down enough to hold onto thoughts long enough to make them make sense and write them down) and possibly investing in hive (with $2-5 because that's what he can afford, he's 12 XD) and I was like ergh I need Taraz's explaining skills right now XD

I'm assuming there's something/esle that I'm blithely ignorant of that's happened as synchronicity sees me finding a couple of posts on my feed talking about engagement and reward amounts and effects on things, or maybe I'm reading too much into things and it's completely coincidental XD

It is pretty cool that he is interested in it at all and I reckon with a little patience, he will find his place here in time. Might it be a good outlet for him?

All my kids have accounts and he's been vaguely interested for a while, it just sounds like too much hard work XD despite having had to spend a hell of a long time saving up enough money to buy an Oculus (he had no help from us, and doesn't get that much pocket money) he's only really starting to understadn the delayed gratification/long game thing now.

At the moment he's trying to think of something that might be considered "good content" (I'm not sure he fully understands what that is but at least he knows what shitposts are and is avoiding that) and then how to write about it.

I truly agree with that last line "Actions have consequences. Own your results" I have been here over three years and even though I do not post a lot, I curate daily and keep staking what I earn. Lately I have been taking some of the Hive I earn and buying tokens on Hive-Engine that look interesting to me. I do earn small amounts from crypto faucets, but again turn that all into Hive to increase my stake. I do not trade in any market. I have not invested the time and research into learning how to trade, but just stake and curate. I believe that the long term investment will pay off. I have been following you and @galenkp for a couple of years now, even though I do not comment often, you both challenge my thinking which is a large part of why I like this community.

It is a good way to build (especially if not needed immediately) to just keep staking what you get. Learning to trade a little is also a decent way and I have found it really interesting as a perspective of an area I never thought I could be in.

Galen has been working like an animal over the years here- it is pretty cool to see.

I do not act in the best interest of myself only, I act in my best interest indirectly through adding value to the people I can, in network I love. I believe that if more people did the same without worrying about the payout numbers on their post or anyone else's, I think they would likely see similar results over time.

As a community organiser and OCD curator I get a lot of DMS asking why they don't get rewarded and can I help. It doesn't seem to matter how often I say how hard I have worked and given back for 3 years, they still want NOW. The above is a constant refrain of mine... I need a bot to just fling that message. Take case of one user who DID get OCD reward this week, wrote another post that didn't get it and was puzzled why. It takes patience to explain things like this over and over... Thank you for all you do to provide clarity..

I get a lot of DMS asking why they don't get rewarded and can I help. It doesn't seem to matter how often I say how hard I have worked and given back for 3 years, they still want NOW

What they generally mean is - can you vote me or can you get me some votes.

It gets frustrating. People get a large vote and now think they have a solid income stream like they are employed.

Entertainment takes time. Yes some people can be, and feel as if they were entertained, in a 12 second look and read of a meme. Then they need to go find other things to feel as if they have been entertained.

I suppose it is a mind set, or attention span thing. I saw a post or my wife showed me a video about how some people spend hours and hours and hours entertaining themselves jumping all around youtube and twitter and not spending more that 15 seconds or so on any particular item, it boggles the mind, at least mine, but then again I do the same on Hive.

I jump around and look at a lot of things and read a lot of things but most of them are at least four to five minute reads, but I feel I get more entertainment than five minutes of looking at one hundred meme's, and when you add in the time spent on the comments, I can feel well entertained.

Yes some people can be, and feel as if they were entertained, in a 12 second look and read of a meme. Then they need to go find other things to feel as if they have been entertained.

Kids today do this - they have no attention span to even watch a movie - how are they going to invest into the skills for work or investing? Consumer cattle. I have friends with kids like this.

The best entertainment, is active entertainment.

Hi

thanks for the article, it was really interesting what you had to say. for me, I just joined hive in February, so I am still trying to find what I really wanna write about. so at the moment I write about a little bit of everything, but mainly my life as a dancer, and things related to that. sometimes I post a lot, and sometimes not so much, but it also depends on if I have a project at that moment or not, because if I have rehearsals that day I can't write much. I try to always write good posts, with pictures and videos attached, for example from rehearsals, practicing or shows and I have also made a bunch of food posts, explaining recipes, since I follow a plant based diet. but I don't think I have any 2000 word posts.

It can take time to find what is "you" content wise - but I am all over the pace too, as I have many interests. tap dancer and boxer?? :D

yep that's me hahaha. I want it all.

well dancing is my job and boxing is the sport I do.

I actually don't really worry about the price of things as everything is relevant. We had a fantastic run when Hive was 11c or 15c and change is inevitable. You mentioned a long time ago that it was time to stack as it was cheap Hive. I haven't changed my voting either as I believe even Hive at 70c the same support has to remain as those people I support deserve it.

Posted Using LeoFinance Beta

It is worth keeping an eye on votes if spread - increased prices does funny things to people - some will slip :)

Not exactly about post quality 100%.
But for example, people who have invested and have a lot of power should have a higher chance and reward
Those who interact the most deserve a higher reward, and so on

Posted Using LeoFinance Beta

"post quality" is in the domain of social dynamics - it isn't about whether it was written like an encyclopedia. For a few people here for example, part of the "quality" is that each post is personal from my life, my thoughts - people on Hive are part of my life and as I write, some of me is with them too. I is about relationships.

I enjoyed your post. 2K words is not a hassle. :) I'm new to Hive and this is the content I want to read. I think that the content brings the people and the people chooses the content. So it's a matter of keep writing what you want to read and like minded people comes.

Yep. What I like to do is to intertwine several components into a single post - it is more fun that way, more of a discussion than a lecture :)

Yes, I noticed. It is cohesive though. Nicely done.


Posted via D.Buzz

A very useful article to understand the turnaround of the reward. All your recommendations are important because you are very knowledgeable about how things work here. Thank you very much for sharing.
Translated with www.DeepL.com/Translator (free version)

You are welcome.

Well there is this saying "Winner Takes It All" and now imagine people coming in on hive at a later stage with being in the wrong environment. What I mean by wrong is that they start at a level where topics might be so far fetched or the community underdeveloped that they first need to do the "bootstrapping of networking". They might never reach high paying post rewards, but crypto is full of surprises, who knows what could happen. Earlier this day I was thinking of many people's arguments against crypto bc this or that platform is beta or not mature enough as other apps in the fiat world. I should not follow every hype or trend but then I was thinking imagine someone had that approach years ago: No I won't go experimenting into ICOs because they are hype and not mature enough, I'll just wait when everything is over and will then go into NFTs. In contrary: How much more can a person understand in the crypto cave who has experimented at least a bit from the start with ICOs, Defi and then organically ends up at NFTs? How much more crucial connections has this person made during all these years bootstrapping one's own crypto network rather than waiting with her/his peer group in the fiat bubble? So interesting to see that the saying "Winner Takes It All" has also its shortcomings. And no I consider especially liberalism as highly unfair any time its missing out a social component. We cannot do everything on our own and sometimes we really need someone to lift our spirit and say: Hey, there's no shame in asking for help.

Posted using Dapplr

We cannot do everything on our own and sometimes we really need someone to lift our spirit and say: Hey, there's no shame in asking for help.

Even the most successful "self-made" people are not self-made. They benefited from the work of millions of people who have built up all kinds of mechanisms, including schools, healthcare and running water. Even where these things don't exist, they have generally had some level of community support along the way, from family, friends and strangers in some way. "Self-made" is an illusion, but so is the "ego" that makes people believe they are self-made.

@taskmaster4450 is probably single most valuable author on the whole platform. He is a visionary who discusses economics and also that concerning this ecosystem from a broad perspective in a way that is bound to appeal to many people outside our platform. Taskmaster is a raging Hive bull regardless of price action and truly has eyes on the long-term vision of Hive.

Posted Using LeoFinance Beta

it all ebbs and flows. I am not sure about him being a visionary, but he is decent at putting 2+2+2 together. :)

I don't agree with everything he says. But can you name anyone else who has such a broad vision of what this whole movement is all about and how Hive fits into the big picture?

The fact that he seems to grok the importance of technology and has a clear idea of how the development of technology is non-linear is crucial. Without that insight, it is absolutely impossible to make any kind of long-term predictions about any human affairs.

Well put, and thanks for the examples

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Feedback from the April 1st Hive Power Up Day
Hive Power Up Day - April 1st 2021 - Hive Power Delegation

"Pocket watching" other people to see how much money they have is such a lame way to live. I used to fall into that habit when I was younger, thinking that if someone had more money then me it meant their problems were trivial.

It's easy to fixate on seemingly reasonable things -- "I struggle to pay my rent, while this shitpost is earning as much as my rent costs!" -- while forgetting other reasonable things like "Many people live without running water or internet and would kill to be in my position..."

Also -- tbh compared to the glory days of Steem, Hive is so much better.... anybody who thinks there is a shitpost problem here wasn't looking at steem in 2019 when the problem was REAL. The average post quality of Hive today is substantially better.

if all they ever saw on Hive was shitposts.

Don't you just miss the days that Bernie was posting literal pictures of shit on all the shit posts in trending. People forget how far we have come. Hive will be another one of those instant success stories that comes after 5 years of hard work and perseverance.

On days I have no ideas for writing posts, I’ll just go around curating and commenting on posts. It is not as rewarding. However, I think it encourages writers to know someone is out here enjoying their work.

On the other end, I do get some upvotes almost immediately after I post. While I appreciate the rewards, it is a hollow victory because I realize somebody has placed me on a bot somewhere. I often wonder if anybody truly reads my posts.

I do appreciate that the times your work has inspired me to comment, you have engaged. I find that connection can be just as rewarding as a few Hive.

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