There are two type of people: the poor and the not so poor.
The poor ones might work hard every day, only to end up in the same spot, over and over again. The Sisyphus Effect (named after the founder and king of Ephyra, punished for cheating death twice by being forced to roll an immense boulder up a hill only for it to roll down every time it neared the top, repeating this action for eternity).
On the other side, the Snowball Effect. A little push, and the snow ball goes down the slop, collecting all the fame and power.
But how does that look here on Hive? Before I jump to my conclusion, a bit of technical details.
Hive is a decentralized blockchain and ecosystem built on the Delegated Proof of Stake (DPoS) protocol; three-second zero-fee transactions, designed to store vast amounts of content and to make it available for time-based monetization. All this enabled by inflation. New HIVE is created every day, and fairly spited between developers, blockchain validators, stakeholders, and content creators.
Current supply: 379,909,400 HIVE
Current reward fund: 752,593 HIVE (for one week)
Current printing rate: 1,157,835.38 HIVE per week
Current active users: 16,269 (accounts that made at least a vote, post, comment, transfer, power up or HBD conversion)
How to interpret this data?
In average, people that are making less than 71.17 HIVE/week, independent on how they making it, are loosing their stake in the blockchain:
Myself, I'm somewhere around 50% of this point. This is a motivation factor for me, and an objective for which I have a strong commitment.
How about you?
By the way, if someone wants to double check, these are the sources for my data:
- https://hiveblocks.com/
- @penguinpablo/daily-hive-stats-report-thursday-december-2-2021