"Downvote Dictators 👑💀
A handful of whales 🐳 with fragile egos 💔 control payouts 💰 with their little red arrows ⬇️. New users take one look 👀 and peace out ✌️. Decentralized? More like digital feudalism 🏰."
That's what's happened and is happening to Hive. It's worse because the Hive proposal system has been converted from the Founder's stake in Steem to a captive fund on Hive for the biggest stakeholders that funnel it into their wallets voting proposals to put on calisthenics exhibitions and bike races in Venezuela, rally cars, and hackathons that literally generate 0 onboards but enrich their groveling minions like Guiltyscum and Lordbuttfingers that launder the money and pass it through to the bagholders.
If the DOJ actually enforced laws instead of protecting child sex traffickers blackmailing politicians, maybe something would be done about it, and the criminals involved would get free rent for a few years in more appropriate institutions to their characters than the swell joints their larcenous thievery pays for today. Maybe spooks are behind the whole thing, just like the whole crypto BTC honeypot created by the NSA, and the blockchain will suddenly become evidence when the blackmailed government rescinds the US Bill of Rights and starts treating free speech like terrorism as is happening in the UK today. Wouldn't surprise me one bit, because this whole scam reeks of that business model revealed over and over again by BCCI, the Panama Papers, and 2008 TARP and quantitative easing (funneling money to the thieves that stole peoples' houses), etc.
I have a problem with Blurt, because the token was so concentrated a while back that the bagholders there were able to exercise unilateral control of the witnesses nominal to simply take accounts, just like Sun Yuchen did Steem. If they astonishingly gave up that control and the appearance that Blurt is less centralized than Hive isn't just deception, they haven't explained how they did that to me in personal discussions I have had with them. Instead they resorted to ad hominems and just conceded the point.
Pot, meet Kettle, and the fire is no better than the frying pan, IMHO.
Here's the reality: money isn't wealth, and it doesn't matter what form of money you talk about, whether fiat, bonds, or crypto. Wealth is what you buy with money, and things money can't buy. Anyone that fraudulently gains money sells their far more valuable honor and character for it. Not saying posting on Blurt is doing that, but neither is posting on Hive. Anyone here or on Blurt to get rich is selling free speech for tokens and making other people rich. The real value of these social media networks is the free speech they can facilitate, and money sure can't buy that. It can sell it though, and time will tell if that's what Blurt is up to.
KYC for internet access is going to kill the golden goose of all social media networks soon, coming soon. The fact is that the internet is just software running on cables, over satellites and radio networks (cellular), that are all owned by $billionaires who can impose whatever demands they want to use their stuff at anytime they want. They haven't done so before to create dependence on their infrastructure, and now they're going to impose KYC and shut up people like you and me that speak too freely for their taste. If you want Blurt to succeed when Hive falls to this coming surveillance trap, push Reticulum or other mesh network infrastructure owned by the users so that ISPs can't demand to control every digit you transmit over their pipes.
We either control our comms, or we only communicate as the owners of our comms allow. It's the hardware that ultimately controls our comms, and the software is only allowed at the permission of the owners of that hardware. This is true not only for shitposts, but for crypto, which is just data. Hedge against that risk.
NOT FINANCIAL ADVICE
RE: 5 Undeniable Reasons Why the HIVE Token Price Is Going Straight to Hell 🔥💀🚽📉