Gotcha. Thanks. So it's less about "who" or "what" and more about keeping the value of the stake from deflating. Sounds like it's keeping "lazy" investors from reaping too much too quickly, and pushes the idea of holding. That said, where do you draw the line?
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There is no line, I vote where I think the inflation should go.
Sounds purely logical. I appreciate the candor.
Do you ever upvote, or is that against your religion?
I used to upvote 200+ unique authors a week all 10% upvotes across the board, then I everything I upvoted or posted got downvoted to zero for over a year, so I stopped upvoting users and focus on projects like hbd stabilizer and burn posts.
That's kinda shitty. It sounds like you were encouraging organic growth and discouraging useless whale-mining posts. It seems to me that is exactly what we need in order to become attractive to new users, thus grow the userbase, and eventually become attractive to investors long term as a more normative platform with boring revenue-generating advertising, etc.
As a business model, it makes more sense to do it that way in my mind. Apparently yours as well.
The only people who benefitted from discouraging your curation would have been, in my mind, wanting to either punish you for downvoting them, or discouraging you from giving the pot away to annoying minnows.
Do you think we should be a stake-based economy, or a proof-of-brain, attention-based economy? Do you have specific goals for HIVE?
In a way we are both, but we lack the attention.
I think smart contracts and marketing is our biggest needs. That and reducing the waste of DHF funding.
I feel like we're both as well. It seems like you are a bit of a hybrid yourself. It does get down to marketing and expanding userbase.
Having the frowned-upon marketing strategy of "get paid to write" and "get paid to ____" is very effective. We're the only blog platform, on blockchain no less, able to do it successfully. Every other successful attention-based app out there is "pay-to-create" (YT, FB, Twitter, TT, Twitch, etc.) but they each take years to grow a brand. Ours could put money in your account within days. Medium and Reddit have harnessed the idea, but they don't even touch what we could do.
How is this not the single most powerful selling point? Rather than spending millions in attending elite crypto conferences around the world where we're hardly on the market cap, and our coin is difficult to funge, why are we not spending this money on 1) wrangling new users by enticing them with "get paid to write", 2) putting emphasis on streamlining onboarding and screening, and 3) putting @blocktrades to work on creating another system that converts HBD to USD more efficiently?
Most people are trying to avoid that message as it brings in the wrong types
It's not a matter of building a new system, he just doesn't want to do it (assume due to liability and ever changing legal landscape).