The News

I do not really need to generate my own chart to show the state of things when I can just snapshot this list. The last week has seen huge loses across the board. $HIVE has actually dropped less than some others, but then it was low to start with.

I do not know all the causes, but this seems like a big adjustment. Perhaps the speculators are moving their money into AI ventures, but then they may only care about profit. The other side of crypto lies in its origins of offering alternatives to conventional finance. In the case of Hive the coin provides incentives to blog and to run the necessary infrastructure. Unlike some others it is not a massive energy hog and transactions are both fast and free. Like many blockchains the transactions are all public, so you do have to be aware that your actions can be monitored.

I do not rely on Hive income, but I know many use it to cover daily expenses and so they will be hit by the current price. I always thought it had the potential to empower people who struggle to get by and I hope that can still happen. This is part of why I want it to succeed. I have no plans to power down for now.

Hive account@mantequilla-soft is the group behind Hive account@snapie and Hive account@threespeak who have a proposal where they plan to burn the funds they get. I think this is partly symbolic, but it may affect the Hive economy a little. When tokens are continually being generated then inflation can be an issue, especially if you are trying to maintain a stablecoin.

Friday Follows

• Hive account@ksteem is one of the people sharing their solar statistics on Hive. I just posted my own for last month.
• Hive account@karmatic put out some powerful music. That post reaches payout soon, so send a vote if you can.
• Also on the music front, Hive account@man-with-a-sax was here before, but lost his keys. You may guess what he plays.
• Hive account@rubenstorm did a write-up on the Fediverse. This is another type of decentralised social media that includes Mastodon. It is not blockchain and some people there are quite hostile to that concept, but I think there is potential for Hive to connect to it somehow.
• My old friend Hive account@the-bitcoin-dood celebrated 2000 followers. As he suspected not all of them are still active. I was able to use Hive account@hivesql to check the numbers.

Community Chest

I started the whisky community a while back. It is fairly quiet, but has a particular focus. I need to post about my latest bottles, but Hive account@livinguktaiwan just put one up.

The HiveDevs community is a good place to see what people are working on. I see Hive account@woelfchen asked about backing up a Hive profile and Hive account@sm-silva immediately provided a solution. There is also a login alternative from Hive account@thebeedevs that uses your Google Drive to securely store keys.

The End

I will skip the Dog House this week as I need to concentrate on positive aspects of Hive for now. On such an unrestricted platform there is little I can do about bad behaviour. Just know that if you are seen as bad for Hive then some people are likely to take action. I have no influence on that.

I will be publishing an updated #BritList tomorrow, so let me know of any additions and prod your inactive friends to get back onto Hive. We need more active people to make it even more fun.

Enjoy your weekend and Hive five!

The man behind:

Hive account@tenkminnows: Helping good Hivers level up Hive account@proofofbrian: A bot that checks for tag typos #BritList: A monthly list of Hivers in the UK