Follow Friday: Threadbare

steevc(80)
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The News

Nothing much to report on the crypto prices this week. $HIVE is hardly changing over a week and $LEO has dropped a little.

Prices

The media is full of news about the new Threads app from FB/Meta. It seems millions signed up on the first day, but I do not intend to. I do not want to have to install another app and I have lost trust in corporate social media anyway. Unfortunately the masses will just go where the celebrities and their friends are. We need to build bigger social networks on Hive as it is more fun when your friends are here too. We cannot rely on getting big celebrities as they go where the big audience is. We could aim for more niche people who could bring their following over and start earning on Hive. Will people here use Meta Threads?

Last week blocktrades@blocktrades announced that they will no longer offer a crypto exchange service. I expect that conforming to legal restrictions was hard and they were not making money. They had already added KYC (Know Your Custom) registration and had stopped operating in the USA. What exchanges will people be using instead?

Another announcement was that abh12345@abh12345 will not be doing the Hive Engagement League any more. It ran for over four years and distributed lots of prizes, but nothing lasts forever. Of course anyone can access the Hive data to compile tables and charts. I do this for the #BritList, which I do intend to continue.

Friday Follows

People mentioned get a share of the post rewards.

The Doghouse

I am not calling specific people out again this time, but I will mention the topic of self-votes. I am sure you know that Hive rewards come from a daily pool that is shared based on how the community votes. Self-voting may be seen as a selfish action as you should let others decide if your content has value. If a tiny account does this then nobody will care as it makes little difference, but people have used it to make dollars each day. I expect some people check for this as you can easily do that via scripts that look at each post, but some will be sneaky and do it via another account they control. Even so, someone may notice and you could get called out for it. If you earn anyway then is it worth the hassle for a little extra?

Personally, I am less likely to vote on a post that has a big self-vote. I can give more rewards to others who need them more.

I have seen plenty of more blatant abuse. Some would make lots of junk comments and vote them up. Doing that will get you downvoted.

You may feel you deserve more rewards, but the community can object to underhand methods. If you plan to be here for the long run then it is best to maintain good relations.

The End

These are interesting times for social media as the big guns drive users away by bombarding them with ads or charging for features. This is an opportunity to promote Hive. If you have a fanbase then you can make your content exclusive to Hive. Fans will need an account to follow it, but then they can also earn. Everyone wins!

Have a great weekend.

The man behind: tenkminnows@tenkminnows: Helping good Hivers level up

proofofbrian@proofofbrian: A bot that checks for tag typos

#BritList: A monthly list of Hivers in the UK

Follow Friday: Threadbare | Ecency