It's been some of it magic
and some of it tragic
but I had a good life all the way
He Went to Paris Jimmy Buffet 1973
I'm glad you asked. It was four years ago today that I got my invite to actually join Steemit. It was the first time I'd ever heard of a blockchain. It's been quite a ride.
January 3, 2018. I'd waited several days for my application to be approved and granted access. Who knew what I'd find?
I bought 50 Steem that day because I believed then as I believe now that skin in the game sharpens your focus and gives you reason to pay attention.
The consequence of that buy is two fold. (1) I never once used the 15 steem from my original delegation and (2) I absolutely topped the all time market for Steem. Over $6.00 USD. I've always been a genius that way.
I've bought some of the coins along the way, all of them for a significantly smaller amount than that first day purchase. When I was entirely moved from Steem to Hive the cost was about $.30 per coin.
Current valuation is about $25,000 which means I'm about 10x to the good. I've never sold any steem or Hive. Maybe I am actually a genius. Certainly better than some of the would be gurus on this chain have done. Jerry Banfield I'm looking right at you 😂
Hive is a truly great place with more potential that any of us know. The community surrounding it has been tested and approved. The Communities within are just wonderful and maybe even miraculous.
It wouldn't be a legitimate post about Hive from me without some bellyaching. There are some changes I'd like to see-sooner rather than later.
1: Be able to only vote for 5 witnesses per account. It's a protection measure. $6 million would be enough to guarantee one account could elect a complete slate of witnesses that would do their bidding. Limiting the number of votes per account would at least make the money required to take over the chain a very significant amount.
2: Shorten the time requirement to be able to vote. Like if you haven't logged in during June you can't vote in July. Logging in once per month is not too much to ask of an informed electorate. I'm not trying to cut out remote stakeholders, or proposing 'one man, one vote'. I just think that any voters should be current with what they are voting on.
3: A 'no harm, no foul' powerdown. My thought would be a once per month 2.5% powerdown that could be done without cancelling curation votes on the entire account. It would allow people to remove some of their earnings each month as an income stream. Would encourage a 'middle class' in Hive in my estimation.
Does that sound like I'm knocking the witnesses? I'm not. Having been involved in the transition from Steem to Hive I KNOW that was nothing short of heroic. These are concerned and involved members that really do work to the good of the chain. They certainly have my thanks and respect. Even the ones I don't agree with.
So it's been 4 years. Some of it magic, some of it tragic but a pretty good life all the way. Thanks for letting me play along.
