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  ·  2 years ago  ·  

the only real demand for hive is from splinterlands players buying cards

we know this because splinterlands players vastly outnumber active bloggers

the "reward-pool" only has the value it currently enjoys because of splinterlands


Posted from https://blurtlatam.com

  ·  2 years ago  ·  

What percentage of that goes over to blogging?

  ·  2 years ago  ·  

about 4%


Posted from https://blurtlatam.com

  ·  2 years ago  ·  

So 96% of the rewards from the pool go to splinterlands?

  ·  2 years ago  ·  

no, 96% of the buyers of hive tokens use them for splinterlands cards


Posted from https://blurtlatam.com

  ·  2 years ago  ·  

So what about the Rewards from the reward pool?!

  ·  2 years ago  ·  

i'm so glad you asked that

the almighty "reward-pool" is comprised of new tokens, created out of thin air

in monetary terms, this is called "inflation"

and "inflation" steals money from SAVERS by diluting AVAILABLE SUPPLY (aka "increasing liquidity")

this drives the value of the token down

in other words, the almighty "reward-pool" is STEALING MONEY FROM SAVERS


Posted from https://blurtlatam.com

  ·  2 years ago  ·  

Nope. Even the white paper details how this is false by pointing out how inflation does not correlate to increased supply of dollars. Do you think our current inflation is because of the $1000 Covid checks or the increasing cost of energy? Which one you think correlates best?