RE: Does everything have to be free on the hive blockchain?

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RE: Does everything have to be free on the hive blockchain?

achim03 in #tribes • 2 years ago (edited)

Again, I am all for paying when there is value added to an existing service

I'm not really familiar with how Leo premium is working but I understand your point with what you say. I'd simply love to see real competition between the services provided on hive and not a domination by the ones that have DHF support.

If I had to pay 5 hive a month to be able to create content on peakd or ecency, I believe it would be a fair price. Let's not forget that we pay for everything that comes out of the DHF by devaluating our own assets...

2 years ago in #tribes by achim03

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fjworld 2 years ago

not a domination by the ones that have DHF support.

If you could elaborate on this it would help me better understand the suggested negative side of DHF

I have given some thoughts about this option for funding my projects and at some point I may submit a proposal for funding. However, I have other options for project funding so it would be my way of testing and learning more about this aspect of Hive. And I would do it as a process improvement or problem solving initiative.

we pay for everything that comes out of the DHF by devaluating our own assets...

I need more information to follow this thought. How do we devalue our own asset? You mean our Hive holding or layer 2 token holdings?

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achim03 2 years ago

If you take Ecency, Peakd and Inleo they all have the support of the DHF either for their front-end or for another service that they provide, meaning they get hundreds of dollars every day from the DHF Check proposals. If somebody would want to develop a new front-end app, he would have to compete with these apps that have DHF support and that can provide a service that is seen as free by the users. However, it's not free because all the money that is paid through the DHF has a direct influence on the supply of hive. This is basically printed money and an inflation that is paid by all the people who own Hive.

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