RE: Financial Politics: Money Talks and Bullshit Walks
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Correct me if I'm wrong, but, if money votes directly, it is still the same system as of now. It just stops being sugarcoated in "democracy". We still gonna be minnows against "Elons".
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It's the same on hive as well, except for some reason people on Hive are continuing to sugar coat it ;)
You're opinion doesn't really count because of the massive conflict of interest.
The old guard on Hive has been downvoting your entire tribe to zero for years.
That's not going to lead to any kind of objective opinion.
Actually, they have only downvoted maybe 3 or 4 posters in #informationwar or #deepdives out of the hundreds who use the tag on a monthly basis. Theres something like a few thousand people who have used the tags over the lifetime of the tags existing(about 4 years).
Most posts are completely untouched if you look through.
I would never dream of saying I am completely objective ;)
It is the result of having an objective opinion where oligarchs intend for you to have their subjective opinion. Sooner or later we all have an objective opinion, when the money dries up, or we are clutching our chest and dying. All the bullshit suddenly no longer matters.
The truth is it never did.
On Hive when someone buys governance everyone wins.
Meanwhile, in the legacy economy when someone pays for propaganda who wins?
The central bank, the entity that bought the propaganda, and the entity that issued the propaganda.
Central banking is a closed system, and DPOS is not, because Hive is the central bank.
I think Justin Sun would disagree, he didn't win! lol
Thanks for proving my point for me? :D
ya, im goofing round lol. I like to troll and goof a bit!
That is a fallacy, disproved by Sun Yuchen. The problem is that until oligarchical collusion is obvious, or a Sun Yuchen comes on the scene, it appears to be beneficial.
It is why oligarchical collusion is cryptic on Hive.
If it is not rectified, Hive is a temporary platform. Only the information that is gained by them using it will survive it. That is how I use it, and how I recommend it be used.
The rich can't win against all the minnows... that's why shaping public opinion is so important for them.
Billions and billions of dollars in propaganda...
it's amazing that people think the mob has no power.
How much Hive does Elon own?
If Elon comes and buy Hive and then tries to mess with the governance, what happens?
We all get rich and then fork to a new network, just like last time.
Money voting directly isn't even close to what we have now.
When someone stacks USD, what happens?
Central bank wins.
When someone stacks Hive, what happens?
Everyone on Hive wins.
The government on Hive is also the central bank.
The Federal Reserve is a private banks.
These two systems are nothing alike.