RE: Why Do Some Cryptos Succeed While Others Fail?
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Hive is no way shape or form anything we should call a failed project, but many on here does have the opinion they thought this place would be much much larger and thriving than it is today.
Our community was more than double its size before a greedy bunch of top witnesses pulled the plug. That not only lost much of our original community but much trust, as well, the way wallets were manipulated and accounts removed via the purged fork from STEEM to HIVE. Who would trust their assets to that group of rogues ever again?
Soon after the fork both my HIVE and STEEM were powered down and shifted to ETH in the hope that they would do a better job with governance in their upcoming switch from PoW to PoS. In the following four years ETH did a 10x; yet no better job with governance it seemed to me.
My holdings were sold just before ETH's fall from grace last summer and Makina, my 36' floating condo, was purchased. Maybe a token of thanks is owed to those greedy witnesses for incentivising what may look like some genius financial wizardry. 😉
Instead they were choices made on the crypto principles of a long term HODLer.
That, in my opinion, is why HIVE is not "much much larger and thriving than it is today".
I really liked this comments, never seen you around before here but sounds like you have been around here for a long time and have seen the way Hive itself isits greatest enemy.
Great to hear you could attain something IRL with "magic internet money :)
Yeah the Dollar Vigilante suggested STEEM on a broadcast in 2016. Even with my strong disagreements about the fork it is the community that keeps me coming back. ✌️