First Hive Anniversary | A year on the blockchain

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10th July was my first HIVE anniversary and upon much introspection, I couldn't write anything. I shockingly discovered, I had a lot of things to say, and at the same time, I didn't want to write any of it. I realized, there is no point in complaining about how hive functions.

I vaguely remember the day I created my hive account exactly one year ago from today. But I wrote about my reasons for joining hive a few times already and will not bore you to death with another iteration. Let me take this opportunity to talk about certain nonsense that is equally unimportant but perhaps, boring to a lesser extent.

I'd like to note the important changes HIVE brought about in my life—and not all of them are necessarily positive.

The biggest question that would impose upon me itself—Was it... worth it?

It depends.

While I am well compensated for my time on HIVE and perhaps better than many people, I will not come to the conclusion right away that HIVE was well worth the time or, that "it is the best thing in the world OMG!".
I've been writing about films for a decade. I had a larger and broader audience before, (of course, that platform also came with its plethora of obnoxious monstrosity, otherwise I wouldn't leave), which provided me with ample feedbacks and which I dearly miss every single day.

Unlike many on HIVE, I'm quite confident about the content I write on HIVE. That isn't an issue. The problem is, there is no audience on HIVE, everybody is a creator. And they are the audience themselves, to a lesser extent. What happens when everyone is a seller, and there is no buyer? The market doesn't move. To make a market work, there have to be both sellers and buyers.
The same goes with the content creation scene when there is a shortage of an interested audience base. It's like puting on shows in empty theaters.

But the biggest flaw, and actually it might not be a flaw rather a system of how blockchain works, so essentially a limitation, is the seven-day curation period. After that period a piece of content will no longer be generating money (actually in practicality, posts hardly ever get any vote after 2-3 days). This drives people to put out more content, rather than creating stuff with exemplary quality. Unless a post can generate money indefinitely, however small amount it is, the creator has no incentive to try to make it last longer. Where there are no incentives....you know how it goes. And why communism is doomed to fail.

One might argue that one can tip via peakd after the curation period, well, how many times have you seen it so? And how many of those cases involved posts from a few years back? I think I don't need to proceed further with this argument.

So this 7 day period kind of made me think less of posterity and more of now. I often feel like I haven't been true to myself and haven't tried my best to write things I consider worthy of my time and of everyone else.

This is how HIVE affected me negatively. I've become lazy and compromising.

However, HIVE was the gateway to crypto trading for me. I had no idea about how crypto works or how to trade them in open market exchanges like Binance, kucoin, etc. I've used 2/3rd of the rewards I got from posts to trade HIVE on Binance and make even more HIVE. The curation return on the HIVE blockchain is a poor investment plan (second layer tokens are doing quite well though), I'd rather take my chance on a traditional exchange—where things are much more interesting.

Nowadays, the market has become a crucial part of my everyday life. I can see myself trading crypto regularly in the future too. There is no reason to stop honestly.

I wouldn't really know about all these and probably wouldn't start trading crypto if I never joined HIVE, so the blockchain gets credit for that.

I've made many friends on HIVE and interacted with many communities but I will not credit HIVE for that. Because every social media does the same thing and it works due to human nature solely. Our need to bond. Certainly, not a feature of a blockchain site that is unsure of what it wants to be.

Thank you for stopping by.

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