RE: Follow Friday: KYC to FML

3 months ago (Edited)

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The Coinbase hack was deeply concerning and a good argument against KYC. It's usually worse than the "hackee" claims it is and I think that's probably the case here. I was listening to the JRE podcast (#2311 with Jeremie & Edouard Harris) and they were discussing how these types of "hacks" play out—often times they're state-sponsored. Adversaries are constantly testing to find weak points until they find something they can exploit. I think we're seeing an end to pure system hacks and a move to more sophisticated "hybrid" forms of hacks where employees/contractors are compromised instead of or in addition to a good old-fashioned system hack.

As someone who's been in this ecosystem almost nine years I think Hive is healthy, overall, in 2025. Us old-timers remember when post payouts could nearly pay mortgage payments. Hive is definitely not that lucrative anymore but compared to other platforms, like Medium for example, it's infinitely better. I monetized on Medium a few months ago and have made a whopping $.33 in revenue for about twenty original articles. Here, I consistently average between $8 to $12 for each post payout and if you utilize the HBD staking you're receiving 15% APR on what you make. Not a bad deal at all.

Some people who've been here for a while and are worried about how little they make here need only venture out and try other platforms to help put things into proper perspective. Hive, historically, hasn't been a place that helps sell books for me. During my recent book launch only one presale originated from this platform. It is what it is though, I sell my books through other channels. Hive has been a wonderful creative incubator for me, the best I've found, bar none. I develop my ideas and content for books here and get paid for it. Hive revenue helps pay for the publishing costs. During the first few years everyone was dreaming of "mass adoption" for this platform but sometimes the best prayers are the unanswered ones. I agree that slow, organic, growth makes the most sense. Our biggest hurdle is public education.

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12 comments

@steevc 80

3 months ago

I'm sure such systems are under constant attack and I don't envy the security teams.

I will always say that anyone can earn something on Hive, but it may not be a lot. I remember $10k posts when I was making nothing. In the early days it was harder to hit the threshold to pay out. I do okay now and can give out nice votes.

I've bought a fair few books and much from Hive people. It is a fairly small audience though. If we had millions of active users it would be a different place. I think we have a better chance by focusing on niche communities for now. There are some hubs of activity in various places, but not many active Hivers where I am.

!BEER

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@ericvancewalton 80

2 months ago

For sure, it reminds me of the Matrix scene where thousands of Mr. Smiths are attacking Neo.

Hive is ever-evolving, the content creator demographics shift as token prices fluctuate. I'm noticing way less active users from North America/Europe in my feed this past year. I'm not sure if this is just my own perception or not. It seems as token prices drop the user base shifts to countries where post payouts can still move the budgetary needle in the right direction.

I've purchased a lot too throughout the years. I remember that eBay clone (the name of which escapes me) that was once on the Steem blockchain. I think that marketplace fizzled out after a few years.

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@steevc 80

2 months ago

We each have to decide what is worth our time. I enjoy Hive and so keep coming back. I have seen a lot of people getting local businesses to take crypto and that has to be good for Hive. I am just not sure how it would work here.

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@ericvancewalton 80

2 months ago (Edited)

One hundred percent. I still enjoy it too, the day I stop feeling that enjoyment will be the day I bow out. Shake Shack here in the States is taking BTC now. There's no way I'd spend BTC to buy a burger though and end up a meme someday (like the BTC pizza-day guy). Lol.

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@bpcvoter1 -12

2 months ago

A Wake-Up Call: Accountability and Redemption in the Hive Ecosystem

To those who believe their actions on the Hive blockchain go unnoticed, it’s time to confront the truth. The power you think you wield through downvotes, vote farming, and manipulation is an illusion. True strength lies in doing what’s right, not in exploiting systems for personal gain or silencing others out of fear.

1. The Illusion of Power Through Exploitation

If you’re downvoting critics, running coordinated farms, or hoarding influence to control rewards, ask yourself: What does this say about your character? Manipulating Hive’s reward system doesn’t make you powerful—it exposes vulnerabilities. It shows a reliance on unethical tactics to feel significant in a space that was meant to empower everyone equally.

But here’s the reality: these actions won’t bring lasting satisfaction. At night, when you’re alone with your thoughts, do you truly believe what you’re doing is right? Regret has a way of lingering, and no amount of HIVE tokens can silence the voice inside telling you there’s a better path.

2. The Ripple Effect of Your Actions

Your choices don’t just harm Hive—they affect the people around you. Your online friends may follow along now, but loyalty built on shaky foundations crumbles quickly. And what about your family? Do they understand how much energy you pour into behaviors that ultimately hurt others and yourself?

Every action has consequences, and the deeper you dig, the harder it becomes to climb out. You’re not just harming Hive—you’re pulling those close to you into a cycle of negativity and regret. Is it worth it?

3. Change Before It’s Too Late

The Bilpcoin team isn’t here to attack individuals—we’re here to spark change. We’ve seen the evidence, and we know the impact of manipulative practices. But we also believe in redemption. There’s still time to step back, reflect, and choose a different path.

Ask yourself:

What legacy do you want to leave on Hive?
How will you feel years from now looking back at how you treated others?
Wouldn’t it feel better to contribute positively rather than exploit and divide?

Hive deserves better. So do you.

4. Strength Lies in Doing What’s Right

Real power comes from integrity, not manipulation. Instead of focusing on how many tokens you can farm or how many users you can silence, consider how you can add value to the ecosystem. Create meaningful content, support genuine contributors, and advocate for reforms that benefit everyone—not just a select few.

If you continue down your current path, remember this: you are being watched. Many stay silent, but they see everything. Blockchain data doesn’t lie, and accountability always comes knocking—whether today, tomorrow, or years from now.

5. A Final Plea: Fix What Needs Fixing

It’s never too late to change course. Stop the farming, stop the toxicity, and start contributing to Hive in ways that uplift rather than tear down. If you’re struggling with why you’ve chosen this path, take a moment to reflect. Seek help if needed—there’s no shame in admitting you’ve lost your way.

The Hive community is watching, waiting, and hoping for positive change. Will you rise to the occasion, or will you let regret define your journey? The choice is yours.

From the Bilpcoin Team: We’re committed to helping Hive thrive by exposing the truth and fostering transparency. Let’s work together to build a stronger, fairer ecosystem—one where everyone has a chance to succeed.

What will your next move be?

Addressing the Downvote Issue on Hive: It’s Time for Real Change

Marky Mark Stop the manipulation game Lady Zaza Bpc AI Music

Let’s cut through the noise and address one of the most pressing issues holding Hive back from reaching its full potential: abusive downvotes. The Bipcoin team has consistently exposed the systemic problems that stifle growth on this platform, yet little to no action has been taken. If Hive is to thrive, we must confront these challenges head-on instead of engaging in empty discussions that lead nowhere.

Hive cannot grow if nothing changes. How can new users and smaller creators flourish when they are constantly suppressed by those who exploit the system? Many so-called “whales” contribute nothing meaningful to the ecosystem—instead, they focus solely on farming rewards through manipulative tactics like mass self-voting, spam content, or coordinated downvoting campaigns. These actions discourage genuine participation and erode trust within the community.

Blockchain transactions don’t lie. We’ve seen firsthand the shady methods used to game the system—whether it’s creating alt accounts to amplify votes, orchestrating downvote brigades, or hoarding influence without giving back to the network. Why does this behavior continue unchecked? Talk is cheap. Actions speak louder than words, and until concrete steps are taken to address these abuses, Hive will struggle to move forward.

We have repeatedly presented evidence of these practices, not to divide but to demand accountability. The truth is out there for anyone willing to look at the data. Yet, despite our efforts, the cycle persists. Today, we’re asking again: Can we finally talk about the real issues plaguing Hive? And more importantly, can we take decisive action to protect the integrity of this platform?

Do not let bullies destroy what makes Hive special. Abuse of power through downvotes and manipulation harms everyone—creators, curators, and the community as a whole. It’s time to fight back against these toxic practices and create an environment where all voices can be heard and rewarded fairly.

The Bipcoin team remains committed to exposing the truth and advocating for meaningful change. But we can’t do it alone. Together, let’s push for solutions that ensure Hive becomes a place of opportunity, fairness, and growth—for everyone.

Enough talk. Let’s see action.

Every curation reward from @buildawhale’s bot votes:

Steals from creators.
Centralizes power.
Normalizes abuse.

from Imgflip Meme Generator

The blockchain doesn’t forget—your actions are permanently recorded. So, enjoy your scam farm snacks now, because karma always delivers the bill.

from Imgflip Meme Generator

https://peakd.com/@buildawhale/comments

https://peakd.com/@buildawhale/activities

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Also known as HP or Hive Power. Powers governance, voting and rewards. Increases at an APR of approximately: ~13.07%

An unstake (power down) is scheduled to happen in 5 days (~4,742.795 HIVE, remaining 12 weeks)
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Tot: 2,404,544.432
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We’ve exposed the truth repeatedly with ironclad evidence:

@themarkymark’s $2.4M scam farm.
@buildawhale’s daily grift.
@jacobtothe’s downvote army.
Downvote Army: Silencing truth-tellers like Bilpcoin.
Reward Yourself: Collecting daily paychecks from @buildawhale.

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STOP #buildawhalescam #buildawhalefarm

buildawhale voted 6gkwpm-the-weight-of-shadows-a-tale-of-truth-accountability-and-redemption by bpcvoter3 with -0.1%
an hour ago
buildawhale voted the-weight-of-shadows-a-tale-of-truth-accountability-and-redemption by bpcvoter3 with -0.11%
2 hours ago
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For more insights into blockchain transparency and accountability, visit Bilpcoin’s Publish0x page.

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@bpcvoter1 -12

2 months ago

A Wake-Up Call: Accountability and Redemption in the Hive Ecosystem