Think there are several factors that leads to Hive losing more people than it can attract and retain.
People dont feel like this place is a fair game for everone, some accounts with the largest stakes decides what is allowed to earn or not on the platform.
Politics of Hive. The climate for discussion about governance or other topics isn't always super friendly and if you piss off the wrong accounts you are doomed.
Its not really a attention based economy, rather there are other incentives that drives people to vote content.
Will be looking in the comments to see what other people think. Hive is still very unqiue in the crypto space and should be a bigger deal imo.