The Daily Meme #526!
Much like in the real world, the top hive holding accounts are not satisfied with what they have, they want more.
At least, many of them do.
You can't really blame them, more is often better.
But, at what point is enough enough?
Take a good look at what Paulag confirms here:
https://peakd.com/utopian-io/@paulag/the-impact-of-unused-steempower-on-the-rewards-pool-blockchain-business-intelligence
IF what we are doing here is becoming a contender for the reserve currency of the world, then we have to face the reality that the current holders of that title are not gonna buy into a platform that predetermines that they can't be at least contenders for the title in the new paradigm.
Ergo, we can't have enough concentration of hive that cements in the new boss being just as rich and powerful as the old boss.
Who knowingly buys into that?
Not rich people intent on staying in power, that is for sure.
Our only hope, as 'the community', is to hold more hive.
Power that shiznit up.
You, slave, are being presented with an opportunity to escape your slavery.
All you have to do is not kill the golden goose by pissing it all away.
I find it hard to believe that mathematical geniuses that ensured an 80% hold on the coin have let that grip on power slip below half.
If one of us wanted to map the holders as well as could be done with the opacity of the exchanges, we could put this speculation to rest.
When, exactly, does more hive get into more than a few hands enough that the coin is in reality 'community' controlled?
I remember the debates from early on about how the idea was to stay ahead of the inflation in order to not lose one's percentage of control.
I haven't see anybody map out how those efforts played out.
I do notice that many of those accounts sold everything we gave them and left.
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?
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Billy Jack, the movie.
The Trial of Billy Jack.
Billy Jack goes to Washington.
The only way to exist on HIVE blockchain is to hold HIVE for members such as us.
Yes, the path to parity with the powers that be leads through increasing hp.
😁👍 when it comes to rewards, i CENTAINLY say more is better! :P
but yea.. where's the fair spreading of that??
Curation used to pay more for finding 'good' content early, but the greedy broke that, too.
remember power and money harm the good person
!LOL
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So I think I have the keychain worked up. Here's the problem. I don't have anything to power up showing in my wallet except this:
HIVE
Tradeable tokens that may be transferred anywhere at anytime.
Hive can be converted to HIVE POWER in a process called powering up.
0.001 HIVE
It's been that way forever, it never changes. So what gives with that?
Now in HBD I have close to a hundred bucks in there but I have no idea how to buy Hive with it. Use to be a box you clicked on that would let you transact, you could buy, at that time, steem with it, or delegate it, etc.
For the life of me though I don't understand why I don't earn Hive.
As long as hbd is below a dollar you can convert the hbd to hive in the wallet using the convert feature.
Or, you can use the market feature to sell it straight across, or set a limit order and wait for the market to come to you.
Or, you could put your hbd into savings, again in the wallets, and cash in on that sweet 20% interest.
By creating original content regularly you will grow your account steadily.
You just have to show up enough that folks start to follow you.
Unless you create a presence, nobody knows you are here.
If you want to increase rewards, making 'good' comments on the posts of others is how to get known.
People see your comments and want to look at your content.
Maybe they drop some votes.
You still didn't answer my question which was why I never earn any Hive like you use to be able to earn steem, you could than power it up in your wallet.
All the rest of that mumbo jumbo is really just mumbo jumbo, I've been around here for quite some time. The best that ever happens is you join a new community or group and you get a nice healthy upvote....after that nothing. Example: So I tag under deepdives, first time I get a healthy six dollar and some cent up vote, I keep posting under that tag and it's crickets. Some stuff I write I do get a healthy upvote but it doesn't say deepdive upvoted you, or informationwars upvoted you, etc., it's just I've been around long enough that a few of the larger accounts something I write strikes enough of a cord for them to read and upvote it. Hive is like the establishment, it's every man for himself, if they can get you to play into their game for their benefit they'll ride that horse, you write they reap the benefit of having a successful tag but are to busy upvoting their own stuff to share any of it. What's "good" comments, going with flow of someone else's view on something....that's why informationwars never upvote my stuff, if you can't have an opposing view what's the use.
The price affects how much hbd is printed.
All I see looking at your account is a lack of daily content.
Only so many of us do it, the competition is not all that tough.
With the top 20 curators deciding where the first 50% of the rewards go, you might want to use corporate speak or food posts, they seem to like that.
You again avoided answering the question why there's a Hive category in the wallet but one never earns Hive like you use to earn steem, you could than power up the steem you earn.
It's hardly worth it, even if every post made twenty cents a day that's seventy three dollars a year, and if it were a job it's be 91 days if one spent two hours a day writing and creating, seventy three dollars a year wouldn't even cover one days wage in the working world let alone 91 days worth.
Now if I were like twenty years old and came across Hive I could see a long term investment into the future paying off by retirement, now I look at it, and I even tell my kids, it won't pay for my burial someday but it will probably be enough between the various sites to finish supplementing off the rest of what you will need that my life insurance won't cover. My house will be the biggest investment I leave them and I don't want to have them leveraging any of that to bury me someday.
Now on Basyton, which I have been on less time than here, when crypto was up that account was worth over a thousand, it's down a bit right now but still outpaces what I've earned on Hive. For the most part I spent one night a week over there posting editorial cartoons, it takes a lot more upvotes to earn a pocket coin over there. Doesn't say a whole lot for Hive where I spent a whole lot more time and energy at. I don't cheat and I honestly read or listen to everything I upvote before I upvote it. There's a few things I even read but decide not to upvote it.
I know they like my food post despite I am not even a good cook, I was just pointing that out to someone who recently joined, I told her they tend to like food post. Must be something along the lines of that old saying a way to a mans heart is through his belly...or something of that nature, in this case his wallet...lol.
Oh, ok, you don't get hive because the haircut rule is not in effect.
When hbd exceeds 20% of hive's market cap hive will begin to be printed on a gradient to 30% when no hbd will be printed, only hive.
Hive is currently not being created, only hbd.
If you want hive to power up you have to convert, or trade, your hbd for hive.
The in crowd here is pretty insular, it would help if you would kick down the door and be the life of the party, then, maybe, they like you enough to vote on your posts.
The spectacle having its hold on most psyches.