LOL I don't care for the rep repercussions it's funny that people get butthurt here when you speak the truth to them in among the usual ass licking that the majority partake in hoping to win some "whale" affection.
You're right though that the exchanges still hold the bulk of the wealth and I wasn't really thinking about the bigger picture. I tend to just analyze the interactivity of humans since should that die off beyond the already small niche, then what the hell will the base token be for?
I don't see that the tribes thing is successful, it just shows how difficult it is for people to intermix and feel connected on main platform of Hive as a social system. Gaming on here is equally niche only run as a money scheme really.
Hive will likely serve as a case study for 'how not to do social+tokens' and it was clear from the early days that the poor would be the only ones who it would seem attractive to. India and such were those early comment farmers but then they were run out of town. Now the farmers are the Latino community but as I said on another comment. That's a race to the bottom.
Spanish content can't attract a western audience and Spanish users don't bring much money to put buying pressure on token. So then the big dream of blocktrades to ONE DAY create a system for Enterprise to build on... then I just think... to what audience? Business always needs a target audience first.
Even poor folks selling oranges on the side of the road do so when the traffic backs up.. not when there is just one or two cars passing by.
Meh, the tech is sound, only a matter of time and persistence.
I get their butt hurt, they create this thing that has made many millionaires, many 100thousandaires, a few more thousandaires, and all they get is guff about how it's not better.
We forked out the co-founder for god's sake.
With friends like stinc, we didn't need any enemies.
Meh, we had all that mass migration coming in 2016-17, stinc kneecapped it.
Now we have to climb that hill, too.
Mass adoption isn't the plan, network effect is the plan, and that can work with far fewer users than even MySpace had.
We needed a golden boy and got ned, instead.
I'd agree exponential growth was wasted on stinc and their need to create bagholders to continue their cons.
However, that doesn't preclude its happening at some point now that we are less a bagholder creation tool and more a place to come and meet people that are really nice, mostly.
We even encourage some to become somebodies amongst us.
I get why a long term user could get lost in the weeds, but this is the best the platform has looked, ever.
The 'greedy f**cks' that had kept their knees on our necks up to hf25 through the poor tax robbing the poor of half the value of their stake have been overruled by folks with enough stroke to get the change done.
Some say it was because of rpc overload, so I don't discount that totally, but the facts are the coders knew exactly what they were doing reducing by up to half the value of stake less than their's, and that has been reversed with hf25.
This is a big deal.
Watch the excitement in the pool when things get back to normal in another week or two.
We should slowly grow as the inflation accommodates new people into the fold.