Very interesting post as always.
I know it doesnt go into direct governance but you didnt even touch upon the layer 2 applications, many of which are starting to gain some value. That is how impact (directly) upon the distribution of Hive yet it does equate to spreading out the Wealth distribution. This means there are more players on Hive with access to resources, if need be.
To me, this is a vital component.
As for the circle jerking, it is amazing how so many overlook the fact that smaller accounts can radically improve their influence, as a percentage of the whole.
Take an account with 100 HP. If that person gets to 500HP, that is roughly a 5X in influence. Imagine Dan or Blocktrades (another Dan) doing that. It would take a lot of money to accomplish.
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Another thing I forgot to mention is that if you are a minnow (~500 HP), your vote on Hive is worth about a quarter millionth of the entire network. Even at those levels, your vote is worth much more than say your vote for POTUS. Pretty mindblowing, especially considering this level of stake used to be only worth $50 (and now $500).
The layer 2 applications are all part of Hive anarchy, but within that anarchy, new rules and communities are forged.
Pretty crazy stuff when we try to parse it all.
It is amazing to sit back and watch the complex system in action.
Isnt it funny how people think it is controlled, yet others feel it is chaotic and we "need to get our message straight"? How can it be both.
Yep, that is what complex systems are. It seems like it is chaotic and going nowhere (because it is going everywhere) but that is the beauty of it.
And we are still early on. To think that we controlled things for less than 2 years. Before that, we were at the mercy of STINC.
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