I need to write a whole post about this for transparency, but here are the cliff notes:
- Hive blog is the only Hive dapp that takes base layer inflation for services rendered
- To my mind, this is a "loss leader" that needs to have a "limited time offer" type approach. A ticking clock that signals the end, so people get in while the getting is good.
- AI is going to disrupt this sector immensely, we need to be forward looking and understand the ramifications of this.
- The "one size fits all" rewards for all different communities, media, and views puts people at odds with each other instead of working together, ensuring high turnover and bad user experience.
- Rewards complicate things in a way that can't be easily quantified. Twitter grew to the behemoth it is today without paying users, and now that content creators are being paid it has measurably made the content much worse in many ways.
People are looking for a place without censorship, a place where they can build their foundation on solid rock. Hive is that place, but the brand has been tarnished by bad word of mouth, confusing UX, and an antagonistic atmosphere that has driven many away. People go to twitter, FB, etc because they can build a sizable audience there. We don't have that luxury, and while we have gotten much attention from various communities over the years, the fact none of them have went anywhere should tell you that we must reevaluate the entire system.
All of these points and more can be expanded, but for now that's my thoughts.
RE: Decreasing HBD APR and Posting Rewards and Increasing the Importance of Hive Power (HP)