is hive worth accumulating?

I have returned to class over the years since the plandemic, and done many things off of hive. I have returned for a special project only to be plagued by a really bad actor, one that just about everyone rightfully hates, for doing some archival work for the upcoming election. A cancer that is being financially supported by the DAO, namely due to an oligarchy mostly dominated by blocktrades (if you are reading, please read to the end), that chases off more users and discourages potential investors and innovators. And so this lead me to trying to learn more about proposals ( https://peakd.com/me/proposals ). The insane HBD interest rates have been bothering me for some time. But I see, lo and behold, there is a proposal that stabilizes HBD. I could be mistaken as I don't have the data yet, but the stabilization of these HYIP yeilds, and HYIP yields scares real investors because it screams scam, likely comes at the detriment of hive itself (are you paying attention blocktrades) to restore hbd back to a dollar.
So we have insane interest rates, we have an insane nutcase trying to censor content from the front end scaring new users away, and it is possible that the value of the coin of the use case is being destroyed in the stabilization effort to prevent the inevitable collapse of HBD from the mismanagement by certain witnesses. Also look at the daily pay the devs are getting, multiply that by 400 then deduct 10% [and add 5x the daily, if you really care]. That is how much they are being paid from the DAO per year. I am not going to bad mouth any project (besides hivewatchers), or express specific concerns, but leave it for the user to decide if these projects really bring value to the chain for what is being paid out, or if they really delivered what was claimed. There are no options to debate, to negotiate better rates, to see if there are more cost effective alternatives or business models, and so on. I know not all of the readers are developers or know the first thing about servers and that is ok, a lot of common sense can go a long way. Paying $x*100,000 per year to onboard users, and the number of their users only went up 200 over the course of over a year...isn't exactly a good use of the DAO.
There is more centralization on the chain than besides the whales, something the could lead to a catastrophic failure of multiple projects for the failure of them developing in house solutions. Why are they taking in 6 figures, and not addressing this weakness that might take a day's worth of coding and some hardware that the DAO, in principle, is paying for anyways. But that is another issue, I won't advance further at this moment of time.

Granted not too many people care about proposals; that's a side issue; Most users would like to create and express their creations, and there are many many untapped potentials that the halfwit hivewatchers shortcircuits over. However, it seems like non-proposal creators are slowly being boiled alive by the current mechanics. I don't think that most whales, despite the obvious HYIP flag and despite a heightened duty to do their own due diligence, are aware at the mechanical dynamics in place. Even @blocktrades , in his wallet, is mostly staked HIVE (see I told you to continue reading).

It looks like at present, the debt ratio is about 9% ( https://www.hbdstats.com/ ), up from 7% a few months ago ( https://www.publish0x.com/bala/hbd-interest-rate-is-slowly-changing-xnkjywv ), and we have a 15% hbd interest rate. When the debt ratio hits 30%, new hbd should stop printing ( https://hive.io/hbd/ ). So holders of hive could bleed a lot more until the whales really take ownership, and stop this apoptosis, and protect both the chain and their investments. Once the debt ratio reaches the 30% point, those holding hbd shouldn't see further interest returns. Those in the know likely will sell off prior to this, those who were blinded have the incentive to find better investments. As they sell dropping the price, i think the dao will still be funding the hbd stabilizer...to convert and sell off more hive.

Until I am presented with better information or I see a commitment from the oligarchy to do better, my personal answer is no.

let's pressure the project owners to do their own decentralization. It appears that if just one particular project owner say dies of a heart attack, a lot of projects, some arguably mission critical, will cease functioning until they do what they should have been doing with their DAO funding to begin with....years ago.
Let's decrease the hbd interest rates to be more on par with risk free rates.
Let's either abolish, or amend the proposal system to make it harder to exploit by those who offer value and do not deliver or otherwise do not bring enough value (at present the faq makes clear there is no accountability), or increase the votes going into gtg's return project #0 to make it harder for project owners to exploit the dao.
Let's start to phase out the hbd stabilization project.
stop funding hivewatchers.

on edit
since I have been targeted by hivewatchers for their personal interest, in violation of their dao constituting wire fraud, I will not make anymore post here. Some corrections as to the above: if the number of unminted hive gets too low, and alternate conversion price will kick in; What that means is that HBD will lose its peg of $1, and holders to maximize sell off value would have to sell.

While I will not formally accuse anyone of guilt, besides wirefraud for which the attitude off pharesim is the USDOJ will not do anything with hive anyways or the foreigners abusing it (meanwhile, I am looking to join the trump administration, and I also qualify to work for the USDOJ). The same people behind hivewatchers is also behind the multimillion dollar marketing plan, called value plan. At face value, this reeks of total incompetence; The entity that scares away the most users and feigns ignorance is the entity trying to onboard people. While there are serious accusations of fraud in venezuala-for which receipts will not be provided (as a commenter, as valued-customer pointed out in the comments)- and questionable marketing schemes such as buying a rally car for, as the @themarkymark puts it, for a senior citizen to drive [in a 3rd] tier race, in a poor country, and often finished last ( @themarkymark/re-forkyishere-smhbd4 ). Although I have asked that the redacted versions of the receipts be provided as well as the cost benefit analysis of value plan, I was kicked off the hive discord page for opining about hivewatchers. I shouldn't have been kicked, but pharesim is far too protective of hivewatchers-and seems to hate america calling it a s hole country; since americans are large investers in crypto, let's just keep that in mind about what they really think about American investers. The upwards spike in crypto at the moment is due to Americans Electing Donald Trump. Guiltyparties, who is a part of hivewatchers, claims pharesim is not a part of the group-even though the dialog intellect, and behavior of pharesim are exactly the same. It's a very cult like mentality, which may be what they, whoever they are, are after on hive; a hive mind. If users get to close to the sun, their waxen wings will melt and they will cease to be. They will be festering angry strangely about what they seen on multiple other platforms further injury the marketting, yet they never left the atmosphere to see how bad things really may be. Themarkymark pays more attention to the mechanics of hive than I do, and at one point he noted we were paying hivewatchers some $350/day to prevent $20 worth of abuse ( @theycallmemarky/is-hive-watchers-doing-a-good-job ).
I am developing a new project, and I found a bug in hive's condenser. I was going to report it, but lo and behold, guiltyparties is a moderator there. I already worked around it, but geesh. He's also a moderator in the hive discord too.
There may be a larger ecosystem out there in this nexus of hivewatchers that is eating up the dao. Something blocktrades may want to investigate, because, if left unchecked, this ecosystem could overwhelm blocktrades centralized control of the chain. Although bad greed may not work that way, particularly when there are instantaneous real world rewards and perks.
Those who contend that we need hivewatchers may point to an old botnet (paying $95/day to stop $20 worth of abuse) , or to stop abuse. Some abuse is serious like scams and phishing, and others are well petty and more commonly associated with people onboarding on new platforms aka plagerism-and the front ends have copyright take downs too. But here is where I will be more cynical. If the front ends actually rely on hivewatchers as hive supporters supporters posit, then we are then paying the front ends obscene amount of money to give a pass on developing their own security protocols for content. This is concerning, although it wouldn't be fair to the front ends to make such an accusation since they may just be scapegoated by the hivewatchers (and also I didn't check their githubs to see one way or the other-how much time does one want to devote to a single post). Supposing the sites do have security protocols, Most front ends that spring up will likely use what is already on the github and tweak it to their branding, so the security protocols should be preserved by default-although a bad actor could override those defaults on his own front end....just like a bad actor could make his own scam posts appear on his own front end. So what is the reason we have hive watchers, other than to dilute our finances to enrich poorer countries and, yes, specific private individuals?

Why do we have a dao, since most front end could just use a beneficiary tag. Sure developers, like me, could bypass the beneficiary tag, but the front ends don't have to display posts where they don't get a cut.

For those with a greater concern about how blocktrades is managing hive, consider taking to an attorney about "piercing the corporate veil". The rules may vary by state, and typically this doctrine tends to protect stakeholders behind a LLCs. Hive is not an LLC, but blocktrades is some kind of legal entity in the Cayman islands which may require greater research (they claim to be an llc in the cayman islands on a trademark application ( https://tsdr.uspto.gov/#caseNumber=88061545&caseSearchType=US_APPLICATION&caseType=DEFAULT&searchType=statusSearch ), but deny it in court https://www.courtlistener.com/docket/17253432/80/notestein-v-bittrex-inc/ with the sole shareholder in western virginia claiming to be a limited liability entity ( https://www.courtlistener.com/docket/17253432/80/1/notestein-v-bittrex-inc/ )). Hive wants to pretend it is a decentralized community based thing so that certain whales can do bad things with impunity across the globe with no accountability, and the worst actors are foreigners who hate Americans.