Did you know that bitchute (the video platform), started in early 2017?
This was just after steem, I believe.
Did you know that bitchute (semi decentralized, apparently - whatever that means), is placed at...
Do you know where steem/hive are placed?
Read on...
Bitchute has no cryptocurrency of their own as such, and is like 'traditional' platform.
Creators are paid via payment processors like patreon and subscribe star( plus they can also pay creators with lots of different cryptocurrencies directly).
I've never really put the effort into my bitchute channels (but may be doing soon, to see the results).
So, we can see that bitchute is MUCH much larger than hive (or steem) as far as rankings go.
Now look at this...
Now, is any one else here seeing a disconnect between the sites, values of sites, traffic numbers, and, dare I say , reality?
A quick diversion...
Stefan Molynuex, got de-platformed by you tube 2 days ago, (with a million subscribers).
He was already posting on bitchute, but picked up an extra 7000 followers yesterday – in one day – on bitchute. (obviously due to the dicktube ban).
(he has now increased his subscribers by the 10's of thousands on there.
Styhexenhammer666 has around 7,000 views per video ,and he makes around 3 video's a day.
He has nearly 100,000 subscribers on bitchute.
What's my point?
Back in the steem(it) days – both Molyneux and Styx were posting on steem.
And then then pretty much stopped.
These two individuals found steem (hive) not a good place to be doing their activities.
WHY? This it the question.
...in viewer terms, Hive would be 20 or 30 times bigger than we are today today - off just two accounts.
By using facts as the measure, I'd say that both styx and Stefan are much better than me (or you), in 'doing the internet'.
The facts sepeak for the themselves.
NO excuses, no reasons....just numbers.
If the 'attention economy' is the model of internet business, then what does that tell us about Hive (steem), it's abysmal growth, and it's abysmal retention rate?
Working on the assumption that Styx and Stefan are very good at what they do, to argue any point defending (steem) hive as 'they just don;t get it' would be arrogant in the extreme.
They DO get the internet. They DO get it.
The numbers speak for themselves.
They DID NOT find this space, this ecosytem, a positive place to be.
WHY?
Could it be, just possibly, that we have it fundamentally wrong?
'Normies' don't get it, is the big one that's banded around these parts.
Bullshit.
The 'normies' that we are talking about, are already here on the internet.
In there 100's of thousand 's (millions)... every day.
(on bitchute, for example).
These so called 'normies'- I would say - have a far better grasp on 'internet' things, that they're given credit for. (seen from the hive perspective).
Lets say, just for arguments sake, that the 'normies' DO 'get it'.
What then?
WHY is this social media platform not growing?
"But bitchute is just a video platform."
...if you spend time on bitchhute, you'll see that the comments sections are far more lively than any of the comments sections on hive...
What does that tell you?
There are hundreds of questions that keep popping up in my head, and they all come back to one thing.
WHY is hive like it is.
The sycophantic responses and comfortable circle jerks of the middle class mindsetter's, are getting old.
It feels old.
They're boring beyond belief.
In the 'attention economy', boring gets ignored.
The middle class mindsetter are showing themselves to be delusional.
Arguments such as - 'It's only 4 years,old it's still in it's infancy, blah, blah, fuckn' blah', are getting old to.
Why?
Because bitchute is younger and massively more successful by any metric except market cap.(which is worrying in itself as far as real value pertains)
...Mmmmm...It still must be those 'stupid normies', eh?.
(and as I side note: Styxhexenhammer is all over various alt sites. But he is NOT back here...)
My thoughts?
.....from a stupid normie?
.....I'll keep my 'normie' thoughts to myself.
For now anyways.
I'll give you my thoughts on the block chain in general, though. (in reference to a social media/video platform).
1/ Immutability is not important.
Ouch!!! there goes a big foundational support taken as a given in the hive block chain world.
It might, actually, be very counter productive. (for social media).
This doesn't apply to currency and money movement – where immutability is fantastic.
Maybe 'normie people' don't WANT immutability on their own blogs.
The argument for blockchain and'censorship resilient' doesn't really stand up, if you think about it.
You just open a new 'regular' website.
Simple's.
It doesn't take block chain technology to open up free speech platforms.
It takes just a normal, regular, website.
Imagine this, for example...
Spending two months arguing that 2+2 doesn't have to equal four, and then learning that it does, in actual fact, equal four.
WHY would you want your idiotic history to be immutable?
People change. It's human, (not code).
Do you want to be reminded that once upon a time, you vehemently argued that Santa clause was real, to?
I wonder how many people are turned off, based purely on the immutability of the block chain?
People are not turned off by bitchute...It's continually growing(with a delete function?).
2/ Curation is bullshit.
Oh, what a blasphemer I am! Lol
Why not use the inflationary reward pool purely for upvoting content creators ?
You know, the fucking producers of stuff.
Have you noticed the support for curation trails are from the bigger accounts?
The same accounts relying on friendly circle jerking or passive income to increase stake?
(increasing their stake, by the 'gamification', not merit).
Maybe.... just maybe.... people don't LIKE gamification (stupid normies, uh?).
Maybe, just maybe, 'normie' people like to upvote content and blogs, not sycophantic circle jerking to increase stakes size.
(It's so blatant and transparent, it's embarrassing. Or would be, rather, for anyone with ethical standards and in support for a meritocracy - 'the middle class mindsetters' tend to be exempt from from such standards, due to their lack of cerebral activity).
Maybe – just maybe – the entire structure is INCORRECT.
The philosophy is INCORRECT.
Economics is downstream from moral and ethics (in a sane world), but this does not appear to have been the case in this DPOS system.
In this system, it appears that economic models are made in the hope that moral and ethical issues fall into place.
It's a flawed logic, and an incoherent philosophical position.
Maybe, just maybe – the entire system makes no logical sense to the stupid normies, and thus, not an attractive proposition.
(the growth numbers would say exactly that).
You can't tell me any of this is incorrect, or that my perspective is incorrect.
Other platforms and models tell me that I am correct, and the hive system is incorrect.
HIVE CRYPTO CURRENCY
I'm not even going there, that's another post all together.
But I will say this.
The system is not based on principles of free markets, sound money, or property rights.
Maybe (like, totally out there, I know!)..but just maybe..THAT is the reason it is not being adopted by the masses.
Maybe they see through the flawed system very quickly (much quicker that myself)
People understand the basic principles of economics.
Because it is simple.
Supply, demand, price discovery.
NON of that is present in the inflationary, 'free money', DPOS system.
Maybe it's not the normies that are stupid after all.
Maybe a good look in the mirror is advisable.
(if the fragile ego doesn't get in the way of seeing a true reflection).
First, with >$20k/mth, Bitchute is worth orders of magnitude more than the listed value of the site. I would pay the listed price in cash today for it.
Second, the many financial ploys finagled by ninjaminers have long discouraged users. The mutability or lack of it (code is infinitely mutable) has no relevance. Given the outrage of users of social enemedia sites when their content is deleted, that kind of mutability is undesirable, so any potential of Hive to be less mutable is good. However, Steem reveals that Hive is utterly mutable regarding content. Hive has no difference from Steem in relevant mechanics regarding mutability of content (it doesn't even matter that the blockchain is only mutable given a supermajority of witnesses, since the voting mechanism enables a simple majority of stake to create that supermajority of witnesses (which is why I advocate 1t1v, since that would prevent that), and the blockchain data requires a browser for folks to use it, which isn't something people can just make themselves). It's just a different list of players in control.
Curation rewards are the blatant elephant in the room regarding financial shenanigans, and until and unless such finagling is curbed, Hive will remain underappreciated, which is all that prevents more Suns from setting on it. DPoS is nothing but the golden rule, and all that is keeping more gold from ruling is disinterest at present.
God forbid a wave of onboarding came to the attention of Goldman Sachs, or Bain Capital. The naivete and inexperience of ninjaminers allowed Sun Yuchen to just steal their accounts on Steem. Can you even imagine what the smooth criminals at Bain Capital could do if they bothered?
Why they don't bother is that it's not worth their time.
Thank God.
I fully agree with a lot of your points and am watching what happens right now with this account - https://peakd.com/@maxigan - @maxigan - Max Igan is popular, heavily censored, deleted from Youtube, and is posting on Bitchute. He has now just started posting on 3speak.
I don't make videos myself but have a Bitchute account because I use it to share vids that may be censored and to watch vids without all the lag that always seems to happen with 3speak.
I have no interest in gaming and want to know why people posting "controversial" content are flagged off the platform. It is utter bullshit...
Platforms that actively promote free speech, like Bitchute and Gab, are going nuts at the moment.
yup...but more importantly - I managed to get my linux minty cinnamon thingy onto a usb - but could not get pass the bios thingy to run/install....
Waiting on my local expect to come and help lol.
running off a stick it won't be very fast but you can see what it looks like
i cant - the bios thingy is a problem - and I don't know what the fuck im doing - i fucked it up already - but got it back loading properly again (which is windows 8 - so not sure it was worth it - it's sooooo bad)
Yeah you will need to change the boot order to boot from a stick
yes- i tried, and fucked everything up..
Geek...
Very well said. The rewarding mechanism of Steem/Hive leads unfortunately to a lot of circlejerk upvoting.
That's not to say that blockchain social media lack content - quality content can be found - but the noise is there as well. And there is a lot of noise.
I also agree with @lucylin that the mainstream users dont necessarily get any benefit from the blockchain of Steem/Hive. Unless one is a political activist or a whistle-blower immutability can become a disadvantage rather than an advantage.