RE: Weighing in on the topical discussion

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RE: Weighing in on the topical discussion

alex-rourke in #neoxian • 5 months ago

Yes, decentralization is everyone, even the sellers, but decisions (voting on content, proposals, witnesses) is done with Hive Power. I offer more support those build stake to participate in governance. Milkers are welcome to use the chain as they see fit; it's a free market like you say, but I will prefer to offer my support to people who participate by staking their HIVE. I won't downvote sellers; as I said, selling is not wrong. I just have a preference of what kind of Hive citizen I support.

Also, recent analysis by the likes of @azircon that demonstrates that MOST folks in the top 1,000 are, in fact, staking HP. He calls it the Krampus Coefficient. 84% of accounts are holding what they earn or a little more. So I disagree that holding is for the few.

5 months ago in #neoxian by alex-rourke

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azircon 5 months ago

There you have it. Explained in more details here

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brofund 5 months ago

Oh hmm. 84% then. That's actually quite good. I didn't actually realise it was that good. I always thought the laws of nature dictate there are a good 90% of people that need to sell.

We've used the entire last 200 years as a testing ground for economies that have tried to lift up the poor out of poverty which have all ended up in disaster. The few that could, seized everything and left everyone else with nothing. But again, this is nature and I don't think this problem can be solved.

But then I didn't realise there was a "keeping more than you sell" part -- that's quite neat.

I might just shup about this now lol

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azircon 5 months ago

Data presented properly never lies. Opinions these days are quite tricky. I therefore don't listen to opinions, just present the data. Then you can see the fact yourself.

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enforcer48 5 months ago

Doesn't account for people getting liquid rewards for whatever game, curation stuff, etc.

This is just another form of narrative enforcement.

Never trust anyone who says they don't listen to opinions. Everybody does. It's a matter of whether you can support it with a tidbit of objectivity.

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