I don't know how this affects big people, just small people in Hive who no longer get a big vote. Are they really stopping voting for Powerdown? That's why I keep my HIVE on platforms like Binance in Stacking, that is, I see no point in increasing +0.01 cent in my vote without a proper use for it.
Do you have another use? Mark me down on that, there's no reason for me to use HIVE for transactions in life with other systems like PayPal.
This is honestly an issue across the board.
Why use a DEX when the centralized exchange is a requirement for fiat onramp and the fees on that exchange are cheaper? But also we see the environment slowly changing in that crypto starts making more and more sense to use, especially with regulators moving in and swinging their dicks around.
Once again it all comes down to an infrastructure and utility issue.
Many are tired of hearing this but: we're still very early.
I totally agree with you, but I believe that like most altcoins, its focus of use is due to its ecosystem and nothing else.
Why would anyone try to use altcoins to make payments like MEMES cryptocurrencies, protocols derived from Ethereum. A step forward from stable coins, or even Bitcoin. Although the transaction fee is still a problem.
We should keep HIVE to be interesting to use in HIVE, but what do we have here at this time? Even the return on stacking seems small compared to the risks of holding on for so long. (Currently at 3% APR).
Yield is way higher than 3%
This number doesn't count curation.
Actual yield is much closer to 10%.
That doesn't count the value of governance votes either or building personal reputation on the chain.
All attached to your Hive Power. I understand what this brings for everyone involved.
But now, if you want to take away that small gain through curation, stacking percentage and so on. Will they be barred from receiving votes from the big boys?
Consumers are not impacted by what a small group of individuals on Hive think. It's a myth one needs to be a "content creator" here in order to earn. Easiest way to earn is by browsing the merchandise, upvoting, leaving comments here and there and maybe those will be voted up.
And if you have solid content you know is worth money, you could simply reach outside and attract paying supporters who can stake tokens and basically get paid to support your work.
No need to be concerned. If one feels like they're being ignored, just ignore them in return and do your own thing.
Would you like to do a real test to prove your thesis about not earning money without “creating content”? We could do this for three months, and do the math on how much we got as follows.
I'm not criticizing your point of view, but just addressing recent issues, it's much easier to get paid for some posts with 5 dollars, than to comment and wait for an appreciation.
lol
Hive already has a connection to the Lightning Network and the ability to pay LN invoices with HBD.
This may or may not become a very big deal going forward as HBD has no trading fees and the LN has no stable-coin.
@v4vapp