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A group of investors came to test Hive to create, on their network of shops, a system that accepts hive and its various tokens. However, they noticed the aggressiveness with the lack of tolerance of some members, the impartiality of some big accounts and especially the very bad downvote system. This did not encourage them at all and I think there are many things to improve so that this type of partnership can take place.

Merchants noticed this when all they cared about were feeless payments?

It's unfortunate that we've had these issues on Hive, but hopefully these aspects will soon be worked out for the bright future Hive is going to have. That's why it's good to have @thinkermind's around ;)

I'm kind of tired of this constant fear mongering tbh.

It doesn't sound like fear mongering to me.
It sounds like regurgitation of problems without providing solution.
If someone is rocking a name like thinkermind, they should be able to provide solutions for problems they can identify, in my opinion. The name is too close to mine, he has to live up to this level of awesomeness ;D

Where and when did this happen?

The evaluation of possible investments on hive took place blindly and for 2 years from July 2021 to July 2023. Some of these evaluators are still present on hive and provide semi-annual reports. Why are they still there? (because he really thinks that hive can become very interesting especially if certain conditions are taken into consideration)