The Daily Meme #483!
This is the current state of our union.
The inflation is being centralized pretty hard.
It is going into mostly strong hands, not much worry there.
I don't see anybody on the list trying to tank the hive price, that I am aware of.
What does worry me is that there is a tipping point that will occur that will require the price to drop to pennies in order to attract new external investment.
Nobody, that does the math, makes the largest holders of hive sooo rich that they dwarf the gdp's of small nations.
Vanity won't let them.
This is not all bad, but easily avoided by not centralizing hive in the first place.
'But, anti, what about all the people that need their rewards to eat?'
If we continue to centralize the stake, absent a killer dapp, the price will have to drop to attract new outside investment, what about those folks then?
To finally find the road to economic freedom only to have it pulled out from under them by greedy folks that couldn't satiate themselves?
Very demoralizing.
And, let's put this question to rest.
What were those folks doing to eat the week before they found the hive?
They were eating then too, yes?
Hive is a golden goose.
It gives away wealth for a time investment.
It rewards those that save what the community gives them.
We really do owe something to most of the folks on that list for this opportunity, but we don't owe it to them to continue to hold us back.
If you are earning hive here it is because (or in spite) of some of those names on that list.
If you are dumping that hive, you are harming us all.
Centralizing the coin is the crippling of hive.
For an example, look at PAY tokens, https://tribaldex.com/trade/PAY.
I am one of the largest holders.
I would love to see it reach parity with hive.
It is the same technically as hive, both secure cryptocurrencies with no transaction fees and the chance to earn by investing effort.
Do you think that folks looking to buy in are trying to make me that rich?
Unlikely.
I really don't see it happening, at least not any time soon.
The same holds true for hive.
Most of the people on the top earner's list above are not malicious to the hive, but no matter how much we like them, making them each richer than europe and sw asia combined is a likely drag on outside investment.
Why would any person capable of having the math done for them buy into a system where the majority of the inflation goes to very people they have to buy that inflation from?
That would be sinking money into a black hole.
What self-respecting poverty fearing billionaire crapitalust does that?
Until it takes 1000 accounts to add up to 50% of the pool, we are headed in the wrong direction, imo.
If you find that you agree with this assessment there are some things you can do.
Go to hive.vote and start following the xtrails.
Set a dust vote amount to register your discontent with what is happening.
No way to win this dispute with power, we will have to apply politics.
Shake your pitchfork, hivizen!
There is no guarantee of success, only continued struggle to free ourselves from the influence of people that obviously care more about themselves than the general well being of us all. (Not all bad.)
You can also set a vote to follow @buildawhale's burn posts, better to burn it than to centralize it, iyam.
You could also adjust your upvoting patterns.
Upvoting 'crap' content is just as bad as downvoting 'good' content.
My personal rule is to not vote any posts with more than 10hbd in payout.
1.4hbd is the median payout.
If you vote posts with less than that in payout you help equalize the pool.
If you vote posts with more than that you are insuring that the top half stays dominant.
If you vote rewards to those that dump them you are harming us all.
The whales are the ones keeping the price from dropping to pennies now, it shows in the charts from arcange that the whales are growing in hp held percentages.
Lord knows what is happening on the exchanges.
1/3 of hive is held pseudo-anonymously on them.
This is an aspect of stake holding few take notice of, that I can tell.
Everybody just mindlessly votes the same popular content creators as if that was how to bootstrap a cryptocurrency.
IF you weren't aware, bootstrapping hive to currency status is what we are doing here.
We mine this coin with our activities on the chain.
We strengthen the coin when we buy stuff from other hivizens using it.
Decentralizing the coin is essential to our success as a currency.
Again, nobody in their right mind is trying to set up the next rotschild/rockerfeller dynasty by buying hive.
We are, mostly, just trying to escape an enslavement by the crapitalust banksters that is centuries old.
That is all, for now, you may resume your otherwise mundane day.
To contest the characterization of your day as mundane, make a post of your own explaining why your day is not mundane and ping me, eh?
Are you are tired of paying your masters to bomb children in far away places?
Perhaps it is time you pushed back on that.
A simple way that anybody can do that is to hoard your coins.
A dollar of change in your pocket is a dollar of value out of the banksters' pockets that force us to pay them so they can play in the amusement parks from hell and shop in the human grocery stores.
'Aint that fresh?'
Metal in your own possession will always have more intrinsic value than digits on a bankster's ledger.
What's so civil about war, anyway?
We are having a membership drive in these discords, tell your friends.
If you want a voice in the consensus join them, and be one.
Join the Hive Discordiant Room: https://app.element.io/#/room/#hivediscord:matrix.org
This room is open source, and end to end encrypted private chats are available.
HiveDownvoteRewards: https://discord.gg/tVjRSwTG9v
Exercise your duty to mitigate abuse.
Hivewatchers: https://discord.gg/QqyrCCf
Appeal blacklist flags here.
FreezePeach: https://discord.gg/TXPkMRXYuG
Get your flag reviewed for redemption.
Proof of Brain: https://discord.gg/tdXjvbHR4w
You know, what they sold us on to get us here.
The Terminal: https://discord.gg/Npwa8VYR3v
Newb friendly chat.
@irivers' list of discord servers.
@irivers does hive website reviews.
Hive-Coffee: https://discord.gg/nVj9XQFrun
Well informed newb friendly chat.
Hive Official: https://discord.gg/SUwJ2s2
Central focal point of much of the hive.
Dlux.io: https://discord.gg/mdJRstcFWg
Building the holodeck in 3d VR.
The Pulse: https://discord.gg/3M2gRr5
Alternatives to the groupthinc.
Klye's server: https://discord.gg/KyJyQxzRJ7
When your day just doesn't have enough Klye in it.
These are public rooms managed by private people for the benefit of everybody using this blockchain.
What they do is voluntary, but openly public.
Don't abuse their willingness to work for the collective for what little we give them, eh?
Without them, none of this exists.
source
Billy Jack, the movie.
The Trial of Billy Jack.
Billy Jack goes to Washington.
why do you assume my day was mundane? My day was very out of the ordinary actually :)
Glad to hear it, care to share?
ate like a pig and slept in the afternoon like a baby :)
I had some pork ribs that gave me a brain fog today.
I won't have any trouble falling asleep tonight.
Was it your birthday, or sumthin'?
nah, just had a good relaxing day despite the fact I have a ton of shit I should be busy with :)
That's when I like to take a nap, when I could be doing work,...not.
I'd rather have something to do than not.
I'm sure it wasn't too important?
it's pretty freaking important, I'm just a lazy fuck sometimes. I'll be on it tomorrow.
A good reason to defend a logaritmic increment on rewards calculation instead of a linear one.
Yeah, we tried that, but the greedy folks wouldn't control themselves.
Until we have enough stake distributed to control the insatiable, linear is what we get.
I agree that the n2 was the best curve, but like I harp on, the greedy folks kiboshed that.
Well, as the owner of 2 witnesses level 89 and 115 I will always have this vote for a Hardfork that pays log2(rewards) or at least another attenuation curve.
I would like to see the n2 return.
If you've made it this far, go ahead and comment, I'm giving away powered up pay tokens.
excellent friend
should there be clean-up?
Probably.
let's go to war then
We don't win by dying for our cause, we win by making the other guy die for his.
is a simple reality
theres a typo in your chart 😁 -> followed by appreciator.... and alpha
!BEER
Yeah, I saw that, but I didn't figure dalz would want to trigger all the autovoters again by fixing it.
It's not my chart.
!BEER
ah, that is the thing, thought it was yours. oki.
View or trade
BEER.Hey @qwerrie, here is a little bit of
BEERfrom @antisocialist for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.View or trade
BEER.Hey @antisocialist, here is a little bit of
BEERfrom @qwerrie for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.wow, very eye-opening..
The graphs really show it..
hive is a golden goose
YES!
Power it up and vote with it if you want to help distribute the coin.
That "time investment" is long-term. Therefore, one should be patient and accumulate what the community gives them, not only HIVE-HBD but also the experience of this new social platform.
Yes, we have quite a unique mix of folks here, for sure.
!LOL
lolztoken.com
A cheesy pickup line.
Credit: reddit
@antisocialist, I sent you an $LOLZ on behalf of @holovision
Use the !LOL or !LOLZ command to share a joke and an $LOLZ
(4/10)
es malo que una persona tenga mucho poder porque despues uno depende de ella
Sí, cualquiera que quiera tener poder sobre ti es un presunto tirano.
dictador
Si cumplimos sus órdenes, somos cómplices de sus crímenes.
Depende de nosotros no obedecer.
todo el mundo tiene un lado oscuro
Sí, el bien y el mal luchan por el control dentro de todos nosotros.
Aquel al que le damos nuestra energía es el que gana en el momento.
power corrupts the best and attracts the worst
Yes, anybody that seeks power over others is suspect, imo.
is like cancer
It is time to apply the cure, imo.
Thanks 4 pointing out the inequities in Hive.
Just trying to help the math.
For hive to be long term viable it needs to have a flatter distribution, imo.
As things stand the math is centralizing the coin.
This could be changed by behaviors changing, but that looks unlikely after this many years.
Perhaps those with the power will find the egalitarian in themselves and stop using their power to centralize more power to themselves.
Unlikely, but not out of the realm of the possible.
People bumbling around inside an illusion is less viable than folks knowing the truth and responding in kind, iyam.
The annoying mini down votes by the big boys doesn't help either.
Meh, some inadequacies can only be assuaged by poking people with no power nor desire to poke back.
Be nice to have a reason, though.
Then I could contemplate my wrongness, if any.
👍
I wonder if this does go the direction wanted long term will a portion of these whales bail and dump price if they no longer have reward pool so centralized.
If they do, grab more hive, imo.
The price collapsing is a hazard, but that only happens if they think there is no hope of hive doing what it has the opportunity to do.
I'm just waiting for the other shoe to drop.
We know who the public whales are, but the botnet whales are better served to stay hidden until the best time to take us down, if they are malicious.
To think that 'the bad guys' don't have us on their radar, and acted accordingly already, is a bit pie in the sky, iyam.
IF they are not malicious, merely greedy, then they are waiting for the price to rise enough for them to present their 'aha' moment.
I could be wrong, but I could also be right.
Only time will tell us.