I think some are scared of decentralisation. They are used to having some company they can complain or appeal to. It also scares those who want to control things. We are the pioneers.
I think we need to look at adding value to Hive for users in general and not just the big investors. It should appeal to all forms of content creator, but part of that is having an audience and it is just too small to get the big ones interested right now.
Fiddling with the algorithms is a matter of finding balance. There have to be incentives for smaller players to stay active or they will leave as making 10c per day is not going to cut it. They should be able to earn from curation and posting. If something can drive the price up then it gets easier to keep people engaged.
I don't have the answers, but I can be part of the discussions.
Bring back the whale experiment!
A 500mv cap on influence affects ~70 accounts.
Of course they are the accounts that won't vote to cut their own take, and have a controlling stake on the platform.
Propose a replacement ROI mechanism for whales. I'm all ears.
What do you think of @edicted's savings account idea?
I like the idea of paying of interest on the savings account.
It ties up liquid hive for three days and hive held in it benefits the hp holders by upping the inflation while not getting the 15% for powering it up.
We could take the 10% going to the dao.
It has plenty of money in it for now.
As for roi for the whales, I propose they do something to increase the price.
The reward pool is to attract 'good' content to the chain, to reward 'good' authors.
Giving it to folks that farm with no effort is not increasing the value of the chain, iyam.
Especially, if they are dumping it to exchanges.
We might as well let haejin keep farming, he had the best roi of all the whales.
Didn't help the price much, but he had a successful roi scheme.
I'd further propose checking those sending hive to exchanges.
Vet them for need.
If they are reaping the pool just to increase their btc holdings, I say flag them.
If they are feeding themselves, that is more legitimate, imo.
Hemorrhaging hive to exchanges is lowering the price.
Allowing that to happen is improper use of the flag.
It replaces curation rewards as a mechanism to produce ROI for whales, allowing curation to become actual curation, and enabling whales to productively manage their stake without deranging society by upvoting based on financial incentives rather than social values.
No DAO funds are necessary because curation rewards are sufficient. At least that's how I understand it.
Edit: I want to add that taking action to repress token sales is going to drop the price effectively, which is not productive. Plus, it's just envy. We want folks to be able to transact with Hive with as much facility as possible, because that is what gives it value. If it's not fungible, it's worthless.
It's not a bad thing that folks sell Hive. It's a bad thing that there isn't more demand. Suppressing sales won't create demand.
I am a fan of removing the curve to bring back micro votes. Micro votes were a neat feature for hive