In my opinion, which is just at the small scale 'normie' observation level, all the issues the second half of the post you described was supposed to be solved with the community fork and better implementation of SMTs. At least that was what I remember them both being promised as solutions to bid bots and excessive flagging to protect stake/turf often seemingly over political differences(if it wasn't over a $300 sbd post from bid bots).

In an inflationary economic system promoted as a capitalistic environment that encourages growth, excessive flagging and bid bots I did feel was essential for a thriving economy.

I noticed, once the market crashed and SBDs extremely high capital gains were lost in conjunction to bid bots losing $ with their unsustainable investment models; to be the real nail in the coffin. You put millions in at a price much higher than now but you don't seem to care. Which is awesome; you hopefully had that too lose and are here for the long run... Like some of those bid bots who give massive support now but most are gone. At the same time it was abundantly clear Steem was centralized, Ned was selling off massive stake, couldn't afford the team he hired and then sold at a dollar.

Once the second layer is used more exclusively for content creation, hopefully, we can have true walled off communities from the first layer where flagging and better control of content in a community can happen more effectively(of course with HFs that allow for that). That is, in my opinion, what will solve the problems brought up in the second half of the post.

But for the very reasons you brought up in the first half of the post, I am excited about Hive overall. First layer investors will have the ability to create a real life community driven by tokens you create off your Hive stake. It is going to happen, I am willing to bet. A real life decentralized community ran off tokens powered by Hive. Now that is what I think is the ultimate realization. That we are truly pioneering into a real future yet to be fully realized.

But in the nearer future, tokens will probably be one of the very few ways people will be able to accumulate Hive... On a satoshi level in one of these communities, or God forbid another decentralized forked chain off Hive that everyone mitigates to. 😆

Anyways I think I rambled on enough here. I am sure I spoke ignorantly on some observations I've made over the past 4 years as a small fish.

Another thought provoking and entertaining adventure through your thoughts on important matters with Hive.

Thanks for being here and adding value to the chain, all of your investments and your valuable time into Hive!