By the way, you really added nothing to the conversation.
My take on what he is adding is don't be so cruel as to introduce your friends to a pyramid scheme known as HIVE, but you probably feel the same about my input.
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So you think he thinks Hive is a pyramid scheme?
That's something novel because he really didn't say that. Thanks for your thoughts. It might as well be that that is what he meant but only he can tell us.
Introducing your friends to create content on Hive does not make them participants in a pyramid scheme where earlier participants benefit off the back of later entrants like in a pyramid scheme. All content creators and curators are winners on Hive.
Where does the value come from then? As I've said multiple times, it comes from the altcoin speculator crowd that uses HIVE as speculative instrument to gain more BTC, which in itself is a speculative vehicle.
When you start earning rewards of one kind or another from the Hive reward pool, it's like becoming a tax authority, except that you're not pointing a gun at anybody to coerce them to pay you anything. There are 200 million liquid HIVE on exchanges where traders trade it back and forth for BTC in an attempt at growing their positions. The price volatility is so large as in several orders of magnitude that the traders do not mind the pesky 8% annual inflation Hive currently has. They voluntarily allow the likes of you and I to get our cut from of the Hive inflation pool as a reward for our social media activities. This is how Hive gains access to the initial capital required to grow this thing into the back bone of Web 3.0
Hive is not a pyramid scheme and nobody is getting shafted. The speculative games revolving around cryptocurrencies are like a casino. We the content creators and curators on Hive are like members of a native American tribe on whose lands the casino operates and who get a piece of the action.
If your content was sitting on the HIVE blockchain adding value to the blockchain and the funds in your forked account were removed do you not think that is shafting someone? That is one example of the HIVE scam beginnings.
Have another drink of KoolAid my friend. It's so sweet and sticky.
If the V.22.2 Cabal sat around all day voting on each others' posts in a circle jerky fashion do you think that would draw users to the scam? When you sell your STEEM and buy HIVE where do you think that HIVE came from other than the trickle from folks like me? It comes from the token grinding V.22.2 Cabal who shattered the community and created HIVE by fearing the loss of their position on the pyramid.
Ah, I see. The pyramid scheme idea is held by you.
You may disagree with the airdrop not going to everybody but this is not an example of a pyramid scheme. It is in the very nature of public blockchains that anyone can fork them. If you object to your content ending up on Steem forks, then you should never have posted it to Steem.
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Ah, the circle jerk accusation again. You can go to Facebook and see how much you can make there.
I think you should be on mainstream social media platforms where the value flows are hidden from you. You will not need to feel bad about the top-heavy distributions existing on those platforms because you won't see them. @tarazkp, this is what I'm talking about when I say that the rewards are too conspicuous on the front ends.
Let me guess a Biden supporter? The less of two evils? Think waiting for @openorchard and shifting DPoS exposure to PoW in the meantime is the way to go, myself. Just speaking up for the up and coming suckers to HIVE not established users as yourself.
I'm not American. I don't really care about American politics. All I know is that Biden is a Democrat and that's it.
I've never belonged to any influential circle jerks on Hive or Steem. All the larger votes I've got have come from curation projects who vote on posts from a very large large number of users, @ocdb that had 3000 users on a quality-controlled whitelist when it acted as a distribution bot selling guaranteed-profit votes before EIP was introduced, a few whales who've launched initiatives and voted on basically anyone who has taken part.
I'm a compulsive content creator. I will always be creating content somewhere and I've been at it for almost 30 years or a couple years shy of the creation of the World Wide Web itself. I can honestly say that for an amateur like myself, Steem was and Hive is the best possible option on the entire Internet.
In fact, if someone opts for staying on a mainstream platform because they can't stand the thought other people earning more on Hive, then they will most likely get exactly as much as they deserve.
So long as you participate with eyes wide open, then if it works for you fine. Having followed open source since before the World Wide Web itself, held crypto since 2011-ish and watched this shit show from just about its beginnings our opinions on where our time and resources would be best spent just differ is all. ✌️😎
By "this shit show" you're referring to Steem and later Hive or the whole crypto space?
The thing is that content creation as in taking part in conversations or writing blog posts is a compulsion for me. It's not fully a choice. I added photography to the mix about a year and a half ago and it's been fun. My activities take time. Other resources? Not so much. What I do here is completely effortless. There is no pain or discomfort of any kind involved. When I go out and shoot a dozen or so photos with my DSLR, edit them, make a post around them and publish it, it does not feel like work at all. Not in the slightest. Complete effortless flow from start to finish. I almost feel guilty about getting rewarded for that. And there's zero pressure to show results for it. Absolute freedom and zero accountability. The rewards still keep coming. WTF?!
Trying to monetize content creation on mainstream platforms is painful. As far as I know, Facebook is only good for exposure. YouTube only even allows monetization through ad revenue when a channel has a minimum of 4000 hours of video played and at least 1000 subscribers. Even then, the platform takes a cut. When you write a blog on Blogspot or Wordpress,com or host one yourself, you have to think about SEO in addition to your content the whole time. You have to be a slick professional and calculate every damn word to even begin to make anything. On Hive, I've only ever been myself the whole time. No SEO, no pandering to advertisers, no fear of shadowbanning or other forms of censorship if I say the wrong word. The only drawback from my perspective is that I can't talk about everything that interests me here because there simply aren't enough people here.
For the longest time, the only blockchain-based alternatives were Steem clones that had really low token values and Synereo that was discontinued a couple of months ago. Now there's LBRY and DTube's own chain. Those are the only two that seem worth trying to me. I've never made videos, though. Voice does not hold much appeal to me with KYC and all.
You mentioned the new chain set up by the OpenOrchard team. (I don't recall its name.) I'm open to blockchain-based alternatives and who knows some of them may turn out better. But so far none of the alternatives have felt compelling.
But I think we can agree on one thing. Blockchain-based social media is superior to centralized corporate social media.