It's amazing the things that can inspire you to write a blog post....
Especially when you are just spending time on the blockchain. So shameless promotion for everyone to get more active n the blockchain ;)
This afternoon I was poking around Threads and was noticing the lack of upvotes that seemed to be be coming from the community. Not on my account per se, just in general. Which is odd, because Threads is uaully very liberal with the voting of content.
So of course, I opened my big mouth...
And what's funny, well not really funny...But I'm not joking.
Let's rewind a bit to explain my 'ah ha moment' when I first discovered this blockchain back in 2017. Proof of stake, excuse me, delegated proof of stake was this really cool way of distributing rewards from the inflation pool for this blockchain.
The moment I realized that your 'voting power' regenerates at about 20% per 24 hours, it simply blew me away. Think of the potential of this...You could set up a business and 'pay' your employees with upvotes if you had enough Hive Power.
Sure you are at the mercy of the markets, but the idea to be was just scratching the surfacer of what could be down with upvotes. I had a goal to build up as much Hive Power as I could, simply to upvote as many people as I could.
What a place this would be! Upvotes for everyone! Utopian even!
But alas....Downvotes lol
My dreams of a utopian blockchain came to crashing halt as I saw the ego and pride that made it's home with some of the larger accounts on the blockchain. It was obvious back then, it was never designed to help everyone get rich or get crypto...It was built for the privileged few.
What a waste of such powerful and life changing technology.
But alas, it became crystal clear I would never 'help the community' on Hive with my puny voting power so I decided to focus on $LEO where I may actually be able to be an influence.
And slowly, I'm able to actually give out sizeable upvotes which may not change people's lives now...But who knows what can happen down the road.
You see, that's the potential of this place. All the blah blah blah about protecting the rewards poool is utter nonsense...Wanna know why I feel that way? Look at how much the rewards pool has been 'protected' and we are still a tiny blockchain in a billion dollar crypto market.
I personally think it's because we aren't liberal with the upvotes and I get it...Your stake, you can do with it as you please...But my goodness, if you gave me a few million $HIVE power, I'd be upvoting everyone to absolutely burn through my voting power daily LOL
Utopian dreams. Maybe I know nothin about economics and how things really work here...But you know what I do know, people. And people LOVE to feel valued.
Go upvote more peolple!