RE: If I Was Still On Hive

You are viewing a single comment's thread from:

If I Was Still On Hive

in blurt •  2 years ago 

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


Posted from https://blurtlatam.com

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE BLURT!
Sort Order:  
  ·  2 years ago  ·  

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.


Posted from https://blurtlatam.com

  ·  2 years ago  ·  

exactly like a dividend paying stock



Posted from https://blurtlatam.com

  ·  2 years ago  ·  

Not even close. Tie in contributions and the reward pot then it'll be a valid comparison.


Posted from https://blurtlatam.com

  ·  2 years ago  ·  

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


Posted from https://blurtlatam.com

  ·  2 years ago  ·  

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.

  ·  2 years ago  ·  

the only reason hive holds its current value is because of the 50,000 splinterlands players buying up tokens so they can buy cards


Posted from https://blurtlatam.com

  ·  2 years ago  ·  

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.

  ·  2 years ago  ·  
  ·  2 years ago  ·  

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


Posted from https://blurtlatam.com



Posted from https://blurtlatam.com



Posted from https://blurtlatam.com