I wanted to upvote your comment but I am low on mana. I’ve been curating some comments on my gaming post and it got a little out of hand on my upvoting 🤣
Perhaps there is some other factor I am missing. Can you think of anything else that prevents control of Hive from being purchased by someone or group with deeper pockets than extant management?
I think HIVE being a fork of Steem is the reason. The control premium of HIVE is infinite from an investment perspective. There is no amount of HIVE someone can buy to get control of the “ecosystem” in my opinion.
Ok, that at least tangentially provides relevant information, that not only is there no other metric that secures management, but that management of Hive does not exercise control over the wider ecosystem by the possession of a majority of stake. The perspective that the 'control premium of Hive is infinite...' is perfectly consilient with my understanding of how management that is exercised, as it's main goal seems to be maintenance of that control. I appreciate you coming through with an answer I could understand.
I wanted to upvote your comment but I am low on mana. I’ve been curating some comments on my gaming post and it got a little out of hand on my upvoting 🤣
I think HIVE being a fork of Steem is the reason. The control premium of HIVE is infinite from an investment perspective. There is no amount of HIVE someone can buy to get control of the “ecosystem” in my opinion.
Ok, that at least tangentially provides relevant information, that not only is there no other metric that secures management, but that management of Hive does not exercise control over the wider ecosystem by the possession of a majority of stake. The perspective that the 'control premium of Hive is infinite...' is perfectly consilient with my understanding of how management that is exercised, as it's main goal seems to be maintenance of that control. I appreciate you coming through with an answer I could understand.