Yeah the decentralised money is a plus but the problem is the middle class (dolphins + orcas) are also small. Plus that middle class is looking up (trying to impress whales) rather than looking down and helping small communities grow.
What your said to taskmaster:
the core you refer to will be the creators, the hundreds of millions of other users will be those hodlers just mentioned above who read, comment, upvote, participate and receive their, albeit small, but nonetheless proportionate, share of the rewards too.
That's precisely why SMT must be implemented. I can't see Hive achieving that distribution without it. Because a truly fair system would need to have implemented much more that just an upvote button. CHAT for example doesn't even exist here. Something which I believe should be the base for any social platform.
I believe if a person decides to bring their friends over but has absolutely no ability to write good posts and comments (let's call them: silent users), they are still VITAL to holding up the system by all their chat activity (open and private). Rewarding that (incrementally) assures retention of every user and gains more as their network is onboarded.
That's why I see all blockchains as still basic. I wouldn't be celebrating them as "web 3.0 ready for you to leave 2.0" the way many are broadcasting on their splash page. When they can't even do basic CHAT it's blatantly clear why people leave. Because it's completely backwards to join here then realize discord or telegram is where you'll communicate with your network. All other mainstream platforms have chat embedded because the content feeds that need to be entertained, but the communications makes sure that person (and their friends) stays seated in your system.
RE: The Future Of Hive: Monaco