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RE: Power up or Power Off?

in LeoFinance5 months ago

It's definitely a hard issue and there are always two sides to the story. I tend to agree with many of the posts here, but then you have to consider the people who are literally trying to live of Hive because their situation or location demands it. I'm definitely going to be looking more closely at the accounts my votes have been going to. Additionally, there are several who have pointed out that some practices done by the larger accounts while not directly powering down is just as detrimental and they see this current "movement" as hypocritical. Whether it is true or not, I think in all fairness it deserves consideration. I also think a lot of people are misinterpreting the situation all together.

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Definitely most I think are in the grey area. However in reviewing some of my more common voting patterns with some regulars, I found at least 4-8 that my vote patterns will definitely be changing. I'm not sure I buy into the living off Hive argument, because building at least some HP will actually increase their curation rewards and monies available not only to them but also for others, I think others mentioned how a split model is actually more productive than a full removal in fairly short time. My own account is a prime example of that. Yes, I've made a handful of relatively small fiat investments in buying hive, but the majority was earned from PowerUp and Curation. The more you build, the faster it grows, exponentially so, and in doing so, helps increase the value of votes for others as well. Good discussions, hoping for more information from all sides. Maybe it will result in even more Hive improvements over time as we work through these type things.

not sure I buy into the living off Hive argument, because building at least some HP will actually increase their curation rewards and monies available not only to them but also for others

This is kind of how I feel too, but I am trying to be a little empathetic. When I get around to looking at my votes I am going to be looking at whether they are powering down and I am also going to be looking at how much of their HP they have delegated away. I've been here since January of 2018 and I haven't powered down at all that I can remember. My account isn't as big as it could be due to moving a lot of my rewards into HBD, but pretty much all of my growth has been organic from posting, commenting, and curating.