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RE: Rethinking Hive author rewards: How can we improve the distribution of rewards?

May I ask your thoughts on how Hive might deal with this then?

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If you mean understanding how not to run off the last 140,000 users -- or last 5,000 users, and getting a grip on the selling, here are two things to consider:

  1. The big accounts that drive inflation are HBD Stabilizer and the Decentralized Hive Fund (DHF) that we vote on to fund projects -- those funded sell to pay various workers. It is not even the little accounts that drive that -- see Dalz's data from July 2024.

  2. If you want to know how people use their money, it is not hard to see if they have powered down more than they have powered up; they have a wallet, and in PeakD at least you can click to see just that information. Rough add what they've powered down to what they have left. I know from having done this that you have never powered down, and have been powering up fairly consistently since Aug. 8, 2017. That took thirty seconds to determine -- if I had stopped in February 2020 when Hive proper starts, it would have taken me ten seconds. I presume we are all adults and can add ... and so I already know that attaching Krampus to figure all this out is completely unnecessary. It ought to be worth thirty seconds of our time, and maybe another minute in "All Posts" to discover the circumstances of people's lives instead of beating and eating them into submission. Had Krampus and Plonkety Piano not been involved, I would not have said that part ... but here we are.

I'm asking everyone to put in 90 seconds of caring about their fellow community members, or at least about the fact that Hive cannot survive too far below the low figure of 5,000 users and will run the risk of ending up on the altcoin ash heap of history in the next bear if indeed the number is that low and we run any significant number of them off. More of us can participate in how the DHF is assigned, and we can look at HBD Stabilizer and if is fit to purpose. It is SO EASY to punch down on people from nations still trying to recover from having EVERYTHING extracted from them by people raised by Krampus ... but it is also the wrong thing to do in the same way that colonialism and genocide and enslavement and all the reigns of terrors that went with that are wrong, and on top of that will not even work. I'm asking us to consider who we are going to support by considering the people as actual people, not just "extractors" to be dehumanized as such, especially since no matter what we decide relative to a content creator, Hive is going to keep blowing money out the door until we address the bigger issues, and the only thing we can do relative to a content creator is send one more person out the door and Hive's visibility and reputation closer to a death spiral.

I am an ACTUAL crypto investor and author -- I am a model of the very person Hive needs to attract. I know how the other half thinks and invests. If the true number is down to 5K, we are already in HUGE trouble. Even if it is at the Hive Five figure of 138K, we are in trouble. We are not growing. We are dying. Krampus and Plonkety Piano are not the best advocates to save lives. Keep that in mind.

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