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RE: Value transferred, not lost

in LeoFinance2 years ago (edited)

Funny. I just finished saying this to a noob in my comment section not so long ago:

Something worth mentioning about HP(Hive Power). I may have mentioned this already but when someone 'buys' HP, it's not really a purchase, in the traditional sense. It's basically transferring money from one account, like your bank account or credit card or whatever, to your Hive account/wallet. Yes cryptocurrency fluctuates in value (could go up or down in price), but you're still in possession of those funds. So it's not like a new member must pay an entrance fee, never to see that money again. People can earn it as well, of course. But if someone spends $100 on HP, they're not out $100 (but I'll mention once again the value of HIVE could go up or down).

That was about new accounts making the 'purchase' for a bit of HP for RC.

Been trying to teach that particular element, for years. It's the same if an individual just wanted some RC. It works supporting a content creator, and several of them work for tips now but this is a far better deal. Works supporting the arts, and not just that but anything; science papers for instance. It's the same if a developer or group needs the ability to create accounts and power their operation. That money is not spent.

If I had the extended reach some of these folks have here, I wouldn't be talking about it, I'd be doing it. I'd have thousands upon thousands of small votes trickling and several tokens pulled off the market and placed in the hands of consumers. One individual can do a lot with that and if thousands were all doing it we'd have millions of active accounts contributing daily. That's always been the missing element in my mind. Supportive consumers getting the deal of the century.

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I don't understand why it is so hard for some people to understand, especially when you position it so clearly - do people go out of their way not to understand? It is almost like that trolling technique of taking the worst possible interpretation of something said, as if it was intended to be said that way. At some point, it has to be active ignorance.

It does get annoying. I think it has more to do with people not realizing exactly how much freedom they have though. They show up thinking they're working or providing for 'a platform', rather than their own platform.

The conditioning for the renter mindset is very strong.

They show up thinking they're working or providing for 'a platform', rather than their own platform.

This is THE killer truth. I read so many newbie posts that finish with the words 'working for' Hive. They genuinely think that all they need to do is turn up, post 'The 5 health benefits of Apples' and then sit and wait to be handed cash.

In Grics case, he is an entitled prick who thinks he simply exchanges his pictures for rewards. He has NO interaction with anyone else's posts and is too arrogant to look further than his own payout.

Then he gets abusive when people downvote him. You think he'd understand the mechanics and economics after 5 years here.

A large market on the outside means nothing here, on the inside. Over the years I've noticed several members with large markets on the outside all have one thing in common. Often there's very little interest in their work here on the inside when compared to what's available to them on the outside. That's not a problem with 'this platform', it's a problem with how they approach using 'their platform' and proof a large market on the outside has little to no value here, on the inside.

Enabling someone with a large market on the outside to sit here and collect rewards with virtually no actual audience/viewership is a fancy way for those stakeholders to shoot themselves in the foot. All they're doing is contributing to 'money out the door' rather than encouraging 'money in the door' by teaching those with large markets about the opportunities available to them here. I was stunned learning that one had such a large fanbase all while struggling to get views here but at the same time there's always been far too much focus placed on attracting content creators and absolutely no interest in attracting content consumers (a problem I've been pointing out for years).

People here could onboard 1000 of the biggest names in the game streaming/content creation field as example, but that would do nothing to increase the size of the actual market of consumers here. Zilch. Could bring 10000; no change in the size of the consumer base here as a whole. Those 'big names' are nothing without those people enjoying their work. Those people spending their money throwing tips at these content creators nonstop are wasting their money when compared to what's available here. Here, those consumers do not spend the money, throw it away, or burn it on a good time.

No need for a new frontend or fancy new code. Everything needed is already in place. All a 'big name' needs to do is teach supporters the benefits of this system, and do it for themselves, their platform not 'the platform'. This has the potential to be incredibly disruptive in the entertainment/news and information industry. Turns it on it's head and shakes out the greedy middleman.

Anyway obviously I'm rambling about this shit again and should probably stop.

I appreciate the reply and again..

no interest in attracting content consumers

This is the key as a consumer myself, and as a consumer, I consume based on personality and content, I like nice people but as the focus is always on rewards, rewards, rewards it makes Hive a shithole of z list creators with a smidgeon of cream who happily do rise to the top. Yourself as a perfect example.

I don't know the answer, there probably isn't one but the contemptuous attitude of the grics and world travel twats is sickening.

There are however, enough decent folks with integrity to keep me consuming.

Best wishes and thanks again :-)

I agree with you. That specific personality type is a tough one to navigate. I've yet to find a way to enjoy those experiences.

I doubt anyone on this planet pays attention to and supports things they don't naturally connect with somehow.

I too enjoy playing the role of consumer here and enjoy supporting the random things I stumble into. And even when someone is graciously spending time leaving a comment under my own work, that is also content I'm consuming, enjoying, rewarding.

Have a good one Nathen.

I wish I had more time to consume here lately but I feel my side projects on Hive need to get done as their effect may help us get where we need to be, where the people need us to be for them and their centralized chains.

I remember trying to onboard an artist from reddit once, showed them the onchainart community and without saying the rewards artists were earning by posting their new work, progression, etc. She straight up just asked me how much I'm willing to pay for her artwork to be "listed" there. As if her artwork being on hive in and of itself would somehow profit me or hive directly. Now the latter of course has somr value but she was coming from an angle where she expected her artwork just being here to generate someone income thus wanting up front payment for it. I tried to tell her that we don't have any adrevenue system and that it's more like a social media platform, you wouldn't ask random reddit moderators for payment to post your artwork in r/art, what you get from it is visibility and some shitty reddit awards compared to here you can also earn some liquid crypto and stake in the ecosystem. She said she is not bothered cause Hive doesn't seem to have that many users and the rewards seem too good to be true considering how inactive it is.

My take from that is that we indeed are quite small yet and to paraphrasr Andreas Antonopulous a social media platform really needs a certain amount of users where everyone knows someone on there who enjoys it and spends time there and gives out a good word to those who ask, before a certain news event or hype causes everyone to want to join and the platform to go hyperbolic.

I've also said it in the past to those who are against the way hive inflation is distributed to content creators right now, we're just too early and too few for it to blossom properly and show its real value and how good it works and scales. Tho it works a lot better now than it has in the past, I long to see days where you have thousands upon thousands of smaller stakeholders all actively curating posts and comments.

It can be a bit confusing, especially for artists more accustomed to the traditional art hustle. Bring any busker with a bit of ambition though and they'd have their account rocking in no time. I made a bit of a quip in my most recent post about how some traditional artists don't like my approach. Some of that stems from speaking to folks on the outside behind the scenes, trying to get this thing rolling. And it's hard for some because deep down they lack confidence so when you say half is going so someone else, they flip out thinking the percentage is too high, not realizing that isn't a greedy middleman, it's the actual fans and followers getting that money. Sometimes they think they wouldn't be able to drum up that kind of support but I disagree. And there's no real need for marketing in the traditional sense. Simply directly connecting with people and chilling is the new 'marketing' in a sense, and of course one can still make traditional sales as a side hustle. Consumers getting paid is a huge game changer but for now causes more confusion than anything. New concepts do that to people.

Truly do need to get this support system on the minds of more people, and more people here. Those thousands of small stakeholders would make up the majority of stake once it's all woven together.

Pardon those edits. Was having a few beer LOL!