RE: About Building on Hive

I think you are way off-base with some of your assumptions here.

You're basically saying you want Hive to be centralized with price controls and a market maker that controls everything. That doesn't lead to more value being built: it leads to an even bigger pump and dump and even more people losing everything, getting pissed, and rage quitting.

Imagine everyone got paid, not in USD, but the stock of the company they worked for. Imagine bosses running around the company telling employees they shouldn't sell their stock for USD because that "hurts the company". See how ridiculous that is? This is the argument you are making.

If you want to make the argument that Hive is paying its 'employees' too much for the work they do, it could be a valid argument; we could explore that further. However ultimately this doesn't mean we should reduce the reward pool, but rather build out the infrastructure that makes our 'employees' more valuable. With the recent AI advancement we may find that the bar for development has been lowered to the floor and users can simply hop over it.

We are starting to realize that besides Bitcoin, Hive is seemingly the only decentralized network out there. Everything else is a centralized hunk of shit unilaterally controlled by the dev team and/or venture capital. We can not compare Hive to any other network (not even Bitcoin because Hive and Bitcoin are so different).

Who is this person that sees Hive go x36 from 10 cents to $3.60 and thinks, "Hm, that's not enough, it should have done even better!" Hive has gone x5 against Bitcoin in the last two years. People who are coming at it with an infinite-greed don't have a valid opinion. I'd ask if there is some other project we should be looking at as a template for how we can do better, but there isn't because we can't compare Hive to anything out there (certainly nothing that was created in the last few years).

The reason no new money came into Hive is that everyone was greedy as shit and invested in the shiny new thing like they always do. They put their money into NFTs, DEFI, and FTX. Now they are flat broke and have nothing left to invest with. This is not a Hive problem. It's a greed problem.

The only way to fix this is keep grinding and force people to recognize this chain as legitimate, despite being constantly ignored when when the given topic is crypto social media, stable coins, on-chain fee sustainability, security & account-recovery, and all the other things we've been doing for years with zero recognition. Punishing people for selling their wages into a spendable currency will not have a positive affect.

Again, I'd like to talk to this person who thinks Hive should have defied the market and not peaked when literally everything peaked and should not have crashed when literally everything crashed. That's so intensely delusional. What were their other investments? Clearly in my mind, they've lost everything.

Ah well this post-comment is already x3 too long. None of this was meant to be harsh, but I'm sure it comes off that way. I find it quite frustrating, because in the infant stages of crypto there is an infinite amount of growth when looking at the outside, but many seek to penny pinch within the small ecosystem we've created. This is macro-thinking time, not micro efficiency improvement. By the time we expand to a reasonable size our micro-problems are going to be completely different.

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