I know blocktrades and he could be code smart but doesn't make him economically smart or growth smart or even care enough to fix those aspects of the community. Just like roeland and others old timers of steemit. But the market conditions change and the global attention moves on.
The issue with that is that if the market leaves, the resources leave with them. And the people leaves with them as well. So now you have a tech without users and with no money to run it.
Not saying that hive is like that, but it's what happens on this industry. Even satoshi created namecoin and it has long ago forgotten by the market. But for some reason Dogecoin still maintaining.
It's not the market that has implemented a structure in which you can't buy into the validation system and become a witness just with money.
It was not the market who implemented downvotes that even go so far that curation rewards get nulled and people get added to blacklists for frontends. It's really like throwing cluster bombs into whole communities.
It was not the market who created massive echo chambers and centralized curation management in Discod.
It was not the market who stayed totally silent to the outside and didn't front face the world.
It was not the market that created the rules for the DAO.
It was not the market constantly nagging against Leo, the Neoxian Tribe and Aggroed.
It was not the market who did no developer outreach like Koin is doing.
It just wasn't the market.
It's way over time that the DAO is voting on representatives and those people run the fucking business like it's supposed to be run.
Maybe, but we are still dropping in the market. Just a month ago we were 150, last week we were 250 and today we are around 300. So the trend is not only not changing but we are accelerating.
After that a lot of very smart people made very smart decision, all of those had negative consequences but smart people are always right, even if wrong - they are still right. That's why we call them smart.
I don't think it ever got to the top 10, maybe on steem days, but clearly that's not the case right now.
Exactly in it's first two years.
But that wasn't Hive, that was a different project with different people and different valuation.
No, most of the current witnesses have been already involved at that time. Blocktrades was the co-founder for example.
I know blocktrades and he could be code smart but doesn't make him economically smart or growth smart or even care enough to fix those aspects of the community. Just like roeland and others old timers of steemit. But the market conditions change and the global attention moves on.
The issue with that is that if the market leaves, the resources leave with them. And the people leaves with them as well. So now you have a tech without users and with no money to run it.
Not saying that hive is like that, but it's what happens on this industry. Even satoshi created namecoin and it has long ago forgotten by the market. But for some reason Dogecoin still maintaining.
Never heard about namecoin, that's some wild fun fact you've thrown to me. I'll digg into it.
It's not the market that has implemented a structure in which you can't buy into the validation system and become a witness just with money.
It was not the market who implemented downvotes that even go so far that curation rewards get nulled and people get added to blacklists for frontends. It's really like throwing cluster bombs into whole communities.
It was not the market who created massive echo chambers and centralized curation management in Discod.
It was not the market who stayed totally silent to the outside and didn't front face the world.
It was not the market that created the rules for the DAO.
It was not the market constantly nagging against Leo, the Neoxian Tribe and Aggroed.
It was not the market who did no developer outreach like Koin is doing.
It just wasn't the market.
It's way over time that the DAO is voting on representatives and those people run the fucking business like it's supposed to be run.
Maybe, but we are still dropping in the market. Just a month ago we were 150, last week we were 250 and today we are around 300. So the trend is not only not changing but we are accelerating.
After that a lot of very smart people made very smart decision, all of those had negative consequences but smart people are always right, even if wrong - they are still right. That's why we call them smart.
That's certainly a way perspective, but you can't apply the same narrative when you are growing as when you are diluting.
Yes, that's why conservatives CEOs are not optimal for growth.