I've largely stayed out of this debate publicly because it is so blatantly one-sided, in favor of the whales, but here's my take:
Hive was hardforked from Steem. Justin Sun tried to take over entirely, and so he was forced out through the fork. For some reason, unbeknownst to anyone, NO ONE IN CHARGE THOUGHT TO SEE IF THERE WERE FURTHER PROBLEMS NEEDING ADDRESSING.
So here we are, years later, Hive is bleeding users. The whales will do nothing to stop it, regardless of how that affects the public's knowledge of the apps to begin with.
The whales and Hive Watchers are directly responsible for all these problems. To deny that is to deny reality. Money ALWAYS corrupts, there are no exceptions. Hive is run by an oligarchy of disconnected people who do not care about what happens. That's what you get when you allow an oligarchy to have power.
Hive is not web3. That term needs to be completely abandoned. It's merely a buzzword used in hype marketing. Hive is Web 2.5. Hive should STRIVE to improve, but without any support from the whales, that's never going to happen. Hive has zero attention in the mainstream Crypto Twitter-sphere. Considering Twitter is all that's left for promoting blockchain, that's really bad, and unless it is addressed, Hive will continue to bleed users and become a dead chain just like Steem.
Hive's loyal users have given their all, for what? A measly little amount of incentive?
It's all a bad joke at this point. I have several friends who were Hive OGs, who came over after the hard-fork, and because of the Hive-watchers and their abusive down-voting, they were completely cut off from the ability to earn anything for all their effort.
If the people at the top actually cared, they'd address this. But they won't, we all know they won't because power leads to complacency and arrogance. The $HIVE token has a liquidity problem outside of Hive. No one wants it, and Binance remains one of the few places to buy some. HBD is not used outside of Hive, it has no utility outside of Hive. Without cross-chain utility, Hive will not survive the coming storm, period.
You cannot segregate people based on the way the Hive-watchers treat minnows. There's no point in posting anything if your work is going to get shadow-banned or worse, your reputation score (social credit score on Hive) gets smashed to 0 or negative, like Lahsee.
That is very interesting to read, because some ETH whales said exactly that to me. That idea that Hive "Reputation" can be diminished is super scary Social Credit Score stuff they don't want engage with.
I personally hold a slightly more balanced view on that. Social Ranking is very innate to the humane experience and it is not categorically bad to copy the human experience towards the digital world, even if it is cruel and unfair sometimes.
My concern is that, it amounts to a Social Credit Score, and the fact that you just said that there are people who don't want to even engage on that, says a lot. People don't want to admit that it's the same thing, just on a different platform :/
We have to keep up the good fight. We have to keep the community alive around the core values and just push forward. Friends become enemies and enemies become friends. I've seen some things in life. Speak the truth, never back down, aim upwards and keep pushing forward.
I completely agree with your sentiments, but wanted to correct this misapprehension. Money NEVER corrupts. The corrupt seek it out. Anyone that gives the appearance of having been corrupted by power/money has slithered into position to extract money or power from that position.
Absolute power does not corrupt anyone, despite the aphorism. The absolutely corrupt do anything it takes to gain power, and that's the facts.
Fair point. I wrote this while really angry, so my perspective was not accurately portrayed. When I had a lot of money, I ALWAYS used it to help other people survive and pay for basic human needs
It is our superpower, as people that create society, to care for one another. I reckon those are our real prayers.
I have known about this for a while but I just see a much bigger issue coming and its time to stop the hopium and cut my risk out totally before I cant anymore if HIVE becomes illiquid which would be very easy to happen if certain events take place this whole thing would just collapse and I feel like whales are using this time to harvest cash and exit while ppl are kept in the dark about the real condition of the chain. Might be wrong but i would feel way more comfortable if my investment is lowered to the single thousands rather than in the 6 figures or as much as i can pull out reasonably.