What's your feedback on the hypothetical removal of the blogging rewards to slow inflation?
I think we'd hemorrhage most of the users initially but if the chain was rebranded and reworked as a utility chain rather than the outside perceiving it as a shitpost for crypto platform it could be something completely different in terms of final outcome of the network.
Initially I was against the whole idea of trashing the blogging rewards.. but the more I think on it the more it seems to be aligned with driving HIVE towards something that looks more feasible long term.
Be interested to hear your thoughts or ideas on this sort of thing. Personally I view it as a double edged sword with short term it having a detrimental effect but long term strengthening the network.. People could still give out shitcoins for blogging like LEO or whatever does.. But as for the main market cap of the chain being used to pay users for which in my opinion in most cases is needless shitposts it'd be nice to phase that out in favour of tribes or whatever.
RE: For Hive to succeed, stakeholders need to not be completely delusional cultists