RE: Monero Is Quietly Exploding While the Rest of Crypto Stalls

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RE: Monero Is Quietly Exploding While the Rest of Crypto Stalls

mengao in LeoFinance • 6 months ago

You're literally the only one complaining about it, and you've complained to many yet most don't care. It's hard not to make it out to be you having ulterior motives about it compared to you trying to be protective of the reward pool and wanting what's best for hive.

I didn't start it this time and more people are complaining, didn't someone else tag you? or was it me? people are just afraid of you and I'm not afraid to speak up. And the ulterior motives, tell me more about this conspiracy theory 😂

If giving people a few cents for putting in the time to share their or other people's posts is overrewarded, people are free to downvote them. Although it's weird that they'd focus on that compared to the thousands of posts farming autovotes/delegationforvote projects, etc.

it's not cents, people are making thousands, much more then any author. and the downvotes shouldn't be on the posts, but in the redditposh comments, but it's impossible to counter, and if anyone does, you will have a big tantrum, and people are afraid of you.

You thinking the reward pool should only be used for posts and comments is quite limited thinking. Naturally however if author rewards are being farmed to only benefit a few, then it's not really the same as posh. If posh ends up doing well, you benefit from it indirectly as well through your stake in this ecosystem.

they are actually benefiting only a few, there are a handful of people making thousands of Hive per month and you think you are entitled to say whats good and not good for Hive.
Maybe my thinking is limited in ethics...

6 months ago in LeoFinance by mengao

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acidyo 6 months ago

They share links over images, they do the shares that brings in most views.

If it wasn't for POSH we would barely have any people on X today talking about Hive. If it wasn't for POSH we wouldn't have people sharing on one of the most popular websites in the world.

We should be grateful they don't just cut off our API access like X did. The amount we reward people is a fraction what it would cost marketing agencies to provide the same numbers. Ask lordbutterfly what the 130k did for hive when he tried compared to proven traffic through redditposh.

Whether or not it instantly translates to new sign ups or investors isn't important, it's not like the author reward pool is doing it either right now and this is just a fraction of the rewards. It's something and its working and growing with over 70 people sharing last week compared to only a few a few months ago.

I don't give people reasons to be afraid of me but eventually you get to a point where youre just wasting time and the irrelevant person causing all the time wasting is going around dragging your name and project in the mud cause he's too simple minded to understand the effects and potential of this project and due to freedom of speech I have to waste more time letting other readers know why they're wrong.

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15 votes

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mengao 6 months ago

OK. So for the same reason we should keep investing in the rally car, I bet it gets a lot of views too! It's not important if it translates in real results for Hive.

But thats not even the point, maybe I'm wrong and you are right. So if you are so sure about it. Do the right thing, make a proposal to DHF and let the community vote. A lot of people trust you and I bet you would pass the proposal. Just don't use the reward pool, because thats not the purpose, right?. At least there will be transparency, you would have to show metrics, goals, etc.

I like the idea of sharing elsewhere. But I wouldn't vote a proposal the way it is today, I don't think we get enough views on Hive. Only a very few posts get over 200+ views, maybe less then 3 a day? The little we get don't have anything to trigger the user interest in learning about the platform. So the real return is small. I don't care how much it cost in marketing agencies, the cost is irrelevant if there are no proven results back to Hive.
You need to make better use of all these views you say are so important.

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acidyo 6 months ago

There is transparency and the people who delegate to me and ocdb, at least the ones I can contact are aware of it and in favor.

If we didn't vote on posh stuff we would just spend extra voting power on hbd.funder, do you consider that to be misuse of the rewards pool as well? What about burn posts? What about authors that get no views nor engage but post daily and get big votes? Are they beneficial to hive? Do you cry in their corner? Maybe start somewhere that's been going on for years and no one's put a stop to it compared to a project that just got things going on reddit and its yet to determine how beneficial it is for our largely unknown platform with only a bunch of weirdos trying to gatekeep how it is used.

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14 votes

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mengao 6 months ago

thats a good way out, comparing it to things you probably think is wrong. If they can do it wrong, so can I. 👍
I don't dislike burning it, but it's my opinion. Is burning something frowned upon by the community? If it is, they I would rather not do it.

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acidyo 6 months ago

no I'm saying if we weren't voting posh we would be voting on that, do you think that's better vs the potential to bring in traffic to our ecosystem? Do you think just continuing to vote on author's posts with all available voting power instead of experimenting is better? Apparently you seem to think that and you'd be in a minority at the moment so what is the point of this?

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14 votes

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acidyo 6 months ago

the community doesn't think posh is frowned upon, maybe the way we've generated liquidity through posts and comments but they understand it will be used for the project and not go to a single entity.

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14 votes

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mengao 6 months ago

like cwow today, a lot of people don't know the ins and outs of posh and when they learned they get alarmed, not the first time I've seen happen since I figured out.

I think that if you don't know what to do with it, better burn it. Misusing it is worse then burning.

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acidyo 6 months ago

You clearly egged him on with how you presented it in discord lol

anyway your opinion has been noted like usual, if I did everything based on everyone's opinions I wouldn't be doing anything on here. People have opinions about you as well but I try not to take them too serious either. Have a good day.

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14 votes

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mengao 6 months ago

Let’s say I’m the devil’s advocate. I presented how I see it. It’s my opinion about it and everyone in that discord can have their own opinions. They can or cannot agree with me.
I know we all have opinions about everyone 😅. I’m definitely far from perfect, I have my own problems, maybe too many. Can’t please everyone.

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