RE: Build, Earn, Connect: The Hive Advantage

I was intrigued by the suggestion from ChatGPT that medium is better than Hive. So I asked it, "Why is medium better than hive blockchain for monetisation" and here's its long response...

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Medium and the Hive blockchain both offer paths to monetize writing, but they have fundamentally different models. Here's a breakdown of why Medium may be considered better for monetization—depending on your goals and audience.

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🔹 1. Simplicity and Accessibility

Medium:

• Low barrier to entry: Anyone can start writing and earn through the Medium Partner Program (MPP).
• No crypto knowledge needed: Users don’t need to understand wallets, keys, or tokens.
• Payments in fiat: Payouts are made in real currency (via Stripe), which is easier for most users.

Hive:

• Requires crypto understanding: New users must learn how to manage keys and wallets.
• Payouts in tokens: Authors are paid in HIVE and HBD, which require conversion to fiat and may fluctuate in value.

✅ Advantage: Medium is easier for non-technical writers to use and cash out earnings.

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🔹 2. Audience and Reach

Medium:

• Built-in readership: Articles can go viral thanks to Medium’s recommendation engine and topic tagging.
• SEO friendly: Medium articles rank well on Google.
• Subscription base: Medium pays based on member reading time, not just upvotes.

Hive:

• Smaller audience: Primarily crypto-enthusiasts.
• Discovery challenges: New writers may struggle for visibility without networking or promotion.

✅ Advantage: Medium provides a better environment for attracting a wider, paying audience.

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🔹 3. Stable and Predictable Earnings

Medium:

• Consistent monetization rules: You earn based on how much time Medium subscribers spend reading your work.
• Monthly payouts: Predictable schedule through Stripe.

Hive:

• Earnings depend on votes: Upvotes from influential accounts (with high Hive Power) drastically affect payouts.
• Token volatility: Earnings can swing based on HIVE/HBD market prices.

✅ Advantage: Medium offers more stable and predictable monetization.

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🔹 4. Support and Infrastructure

Medium:

• Professional tools: Analytics, email newsletter tools, and clean formatting.
• Customer support: For payout issues or platform help.

Hive:

• Community-driven: Support is forum-based and decentralized.
• Multiple frontends: Like PeakD, Ecency, etc., but no official centralized support.

✅ Advantage: Medium offers more polished tools and professional support.

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🔹 When Hive Might Be Better

Despite the above, Hive can be more rewarding in certain contexts:

• If you’re crypto-savvy and build a loyal audience.
• If you want ownership over your content (Hive is censorship-resistant).
• If you don’t mind token volatility and are okay with longer-term potential gains.

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🔚 Conclusion

Feature	Medium	Hive Blockchain
Ease of Use	✅ Easier	❌ Requires crypto knowledge
Monetization	✅ Fiat, stable	❌ Crypto, volatile
Audience Reach	✅ Broader, SEO	❌ Niche, smaller
Support/Tools	✅ Professional	❌ Community-based
Ownership/Freedom	❌ Centralized	✅ Decentralized, uncensored

👉 Verdict:
Medium is better for most mainstream writers focused on ease, audience reach, and stable income.
Hive is better for crypto-enthusiasts who value freedom, ownership, and potential upside.

Would you like a monetization comparison chart or strategy tailored to your Hive posts?

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Personally, I see almost all of negatives about Hive as positives. Which is why I'm here. Especially the crypto aspect. Because it was my desire to learn about crypto that led me to Hive.

!BBH