exactly like tips in a tip-jar
at the end of the night, the tips are split up (tip-share for busboys and hosts are distributed) and only then does the money actually BELONG TO the individuals involved
RE: If I Was Still On Hive
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If I Was Still On Hive
Its not the same at all. The tips are not given up by costumers, they are awarded from a community fund, which is funded by the inflationary function based on the staked value of the community. As such stake holders vote for it's distribution, which doesn't translate at all to parting with tips, tips which can still be given but which costs the giver to make, unlike voting on rewards, which come from newly created tokens that indirectly affect everyone's stake depending on how they are used. If they are constantly dumped, they devalue the stake of the community and concentrate it into exchange accounts.
exactly like a dividend paying stock
Not even close. Tie in contributions and the reward pot then it'll be a valid comparison.
the reward pool is exactly the same as the total dividend
reinvesting back into the stock boosts value for all shareholders
holding the stock contributes to value for all shareholders, even if you cash out the dividend
No it doesn't, the value comes from the function that shares provide and the assets and utility that the company has. Same with hive. You reduce the function of the reward pool to absurd oxymoronic idiocy of Tip Yourself, all in efforts of denigrating a mechanism that was used in early 2017 to create the greatest influx of capital and users by an experiment that initially was meant to last only two weeks but which continued for almost two more months, the whale experiment demonstrated the power of the downvote and the downvote was why numerous people swarmed steem in q2 and q3 of that year. Hive isn't a fucking degenerate stock gambling ponzi scheme and its absurd to suggest that the reward pool functions as it was never ever intended to and that it makes any sense what so ever to even have such a completely absurd system of tipping yourself.
the only reason hive holds its current value is because of the 50,000 splinterlands players buying up tokens so they can buy cards
Its the utility that they have from those cards that is one of the reasons that hive has value. stockholders DONT GIVE STOCKS THEIR VALUE. THE STOCKS HAVE UTILITY AND ARE REPRESENTING A CONTROLLING INTEREST IN THE COMPANY. THE EXACT SAME THING WITH HIVE.
https://peakd.com/views
stockholders DO give stocks value
in the same way, account holders give a BANK value
if people lose faith in the bank
and withdraw their accounts
or lose faith in a stock
and close their position
the whole thing drops like a house of cards
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