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RE: Semipublic pseudo-anonymity

in LeoFinance2 years ago

AT the very basic level people need to have an understanding of the ecosystem and reposing confidence stems from that understanding. Second thing is that the profit and earnings always remain at the core but somehow the larger mass is unaware of a token equally being a governance token, which is why for years its use as a governance token has been underestimated. The day there is a mass understanding and awareness of its capacity as a governance token, people will venture into power-ups and calibrate themselves into a long-term objective. With regard to distribution and inflation, Hive is a benchmark for how the distribution can expand to various kinds of actors in the ecosystem.

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Yeah we saw this during the Steem-Tron takeover, the community stood its ground properly and was on the verge of winning with everyone getting together and alerting all the regular stakeholders to vote in real witnesses. Until Sun of course had to result to getting exchanges to use their customer funds to overtake governance. That's the power of Hive and good distribution, when things matter governance-wise they'll band together to get rid of attackers.