Our community was challenged last week. We were confronted with a hard truth. The digesting of this hard truth caused necessary drama. From the necessary drama rose the confidence of the POB tribe and their confidence in the POB token.
We all know the story, we all wrote it down, we all read it 35 times. We all get it.
Hive-engine tribes are not the most decentralized things. We knew that already, at least I did. What they do serve as is a wonderful piece of extra motivation. Hive is too big and most of our stakes and our followings are too small. If you read my post about The Land of Opportunity you might remember me saying that the people who get the big Hive upvotes, or the big LEO upvotes, fought for and built those respective networks.
Well, we (yes you and me) have been fighting for POB, the POB that we want to see. Judging from the market today, confidence is back.
and
have both posted about governance and decentralization on POB. Please check them out.
Here... just kidding... here
and here
Decentralized governance is what is required on this tribe. Without it, we are simply gambling with our trust in . That said, they appear to want what is best for the community and are learning just like the rest of us... that said, this is crypto. We want to exist in a decentralized, cooperative, trust-less, abundant, borderless community.
With decentralized governance, we will be able to vote on important proposals like the one that is drafting up (coming soon). You can read his announcement of intention here. This, of course, is only the beginning of some real momentum forward and upward. There will be many more things to decide as our tribe develops from a mere sapling into a proud, strong and well rooted redwood. (this links to fairly relevant post I wrote about growth and how it can be difficult.)
This is an important step for us to take, and a very necessary one. It doesn't matter if you agree or disagree with any unilateral move that a leader makes. The fact that they are able to unilaterally decide something is the problem. Please understand my stance on that. I never wanted to get in the middle of any conflict, I only want to ensure that we are building something that is going to be great for a long time. The foundation is being laid right now. Exciting times.
Of course, wrote this one a long time ago, and you can read it on the POB front end here.
This is an end goal for the tribe. To be so solid in governance and solving issues as they come up that we have a full blown constitution.
Every journey starts with a first step. POB is on its way now.
You can always tell how a tribe is doing by looking at its market trends. POB was going swimmingly in that department until last week. I am not sure where the low was, but it was likely 3x down from where it was trading at (1.6 Hive ish). Now, the buy orders are up at 1.4 Hive. There is still a good spread, but, the confidence in POB seems to be back.
The reason why? It is simple. There was a problem, and many people bail at the first sight of a problem. The problem got worked out... I guess we are still in progress of working it out, but progress is being made and it looks like we will all be much better off because we went through it. This is how we grow.