This is a value for value post: see the explanation in the footer.
Note: I'm setting aside 5% of the rewards on this post to send as a Zap on Nostr to the idiot pleb. I will make it very clear to him that these funds are direct from a "centralised shitcoin" and he can turn them down if he wishes.
Another gem from my discussions on Nostr
I got a genuine enquiry about where content and curation rewards on Hive come from to which I replied with a reasonable answer.
You can see the full chain here.
Some further answers were not so polite and despite myself, I couldn't help but answer this cretin:
Thank you for the hours of study you clearly put into that opinion! I presume you run a Bitcoin full node and a Lightning node yourself?
I will quickly shut down the witness node I run ranked 50th which pays me about sats 750,000 per month. Clearly those funds when converted to sats are an illusion and the multiple Bitcoins I’ve collected in cold storage over the last 4 years from working within Hive will evaporate at some point.
BTW my witness ranking comes because real people with a combined investment in Hive of 153,884,113,642 sats (1,538.84 BTC) from 220 individual accounts have voted for me. I’ve only been a witness for 4 months but the years I spent doing useful stuff on Hive built my reputation to a point that when I started a witness I picked up votes quite quickly.
Perhaps I should refuse the 133,000 sats per DAY the DAO pays me to run the various other services. This comes to me because people vote for my proposal in a similar way to the witnes position.
I’ll stop posting on Hive (where I typically make 166,000 sats per post or more, funnily enough someone gave me a single tip of 71,000 sats in addition to the payout I’ll get in 7 days).
This is what happens when a core protocol includes value exchange AND instead of giving all inflation to hardware operators, some of it goes elsewhere for things like dev work or content.
I just checked, my Lightning node made 95,000 sats routing last month. A high water mark for me. 26,000 sats is my monthly average over the last year. I presume you run a Bitcoin full node and a Lightning node yourself?
I’m glad you’re all so excited about 20 sat tips here. Have fun stacking those and building geek play things.
Once again I’ve written more than I should in response to an excessively dumb comment….. I’ll post it on Hive and earn 150k sats :-)
Value for Value
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