Hive is a content-centered blockchain, so the key metric of actual long-term success, is the quality of content.

I think it's fair to say that the average posting quality on Hive is very bad. And the bad posts on Hive drive quality down even further by drowning out good posts, leading to a mismanaged rewards system.
This post is earning as much as many average makeup tutorials. Do the high-stake voters on these tutorials even wear makeup? No. This is the sign of a broken ecosystem

I know this blockchain styles itself as censorship resistant, which it inherently always will be, but if Hive wants to succeed then there will have to be applications with selective membership.