Curiosity Killed the Cat, Uncertainty Killed the Markets .:. WorkerBee PH-Pool Week 217
Did you know that the saying "curiosity killed the cat" is only half of the sentence that it originally had? It has a continuation, which is a bit more positive. 😃 The full idiom says:
Curiosity killed the cat, but the truth brought it back to life
I wanted to write a short blog on a few topics that could be combined into something more... At the end, you will tell me what you think about it and share your opinion in the comment section...
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I have added the second part to the title deliberately, maybe not to point out to the "markets" themselves, but more to go back to HIVE... But let me try to explain my thought process... The saying "curiosity killed the cat" is mostly used for cases when someone wants to warn others not to ask too many questions... In my country, the continuation would be something like "... to keep peace in the house...", which is ridiculous... As I like questions, this saying was very "uncomfortable" to accept, but later in life, I learned my lessons...
Unfortunately, there is a lot of injustice in the world, and we are not the same... The idea of having a LAW ABOVE everyone didn't work, and recently, I have a feeling that the "law" is more and more selective... How some like to say: "We are all equal, but some are a bit more equal" (sounds ridiculous, but you get the point)... When you have money and power, you have a bit more rights...
HIVE isn't spared of that either... We would like to be decentralized, but we would still like to keep "our power." We would like to share, but we would like to have OUR part... I would like to give space for your idea, but mine is better... You can say whatever you want, but my voice is louder than yours...
Like markets don't like uncertainty, in the same way, people don't like it too... On the one hand, uncertainty could mean that nobody knows what will happen tomorrow, which means that we are ALL in the same "trouble." We are equal... But, because of that, we create RULES that we like to follow, which could help with uncertainty to happen less often...
On the other side, having a lot of RULES creates differences among participants... Some are obliged to OBEY, while others aren't... Also, having a lot of rules usually "kills" freedom and creativity... They have their pros and cons...
Now, back to HIVE... So many times, we are proud to say, "We don't have rules on HIVE", emphasizing that we are decentralized and have freedom of speech... Seeing recent discussions on the chain and Discord, I have realized that every day, we have more and more "unwritten rules" on HIVE... Some can't follow them, newbies are confused, and new rules are (un)written as I write these lines... Rules can be good, but only when they are applied equally to everyone... Unfortunately, that's impossible to implement as we, as human society, failed on that for centuries...
What do you think? Do we need more rules on HIVE? Do those rules have to be written/implemented directly into the chain? Do you feel inequality on HIVE?
Let's see the WorkerBee Pool numbers for this week...
This week, we have mined 90 BEE tokens in total!!! Unlucky week!...
This week, we didn't have new delegators, but we got new delegations from old members, too! Thanks guys! Appreciate your support!
This POOL doesn't have fees, and you get up to 20% MORE by delegating to it!
What about the bonus tokens?
Paying a bonus of "only" 2 CTPSB tokens looks like a small amount, but don't be fooled, the token is worth over 3 HIVE... Also, don't worry about getting your cut as it has 6 decimals, and you can sell it even if you get only the smallest decimal... The token is backed up by HivePower, which is the main reason why the value goes up continuously... In the latest @ctpsb post, you can find more details of how you can withdraw bigger amounts if you want to "cash out" your tokens...
There will be distributed 2 CTPSB tokens to the delegators of the pool as a bonus reward today!
As always, in the end, let's give the exact numbers for this week... 90 BEE tokens and 2 CTPSB tokens will be distributed as a bonus... The APR (without the bonus) was 4.147%, and when we added the bonus, it went up to 4.968%!
I have calculated the ROI approximately with medium prices for all tokens at the moment of creating this post... So, those numbers are valid if you bought WB and sold BEE tokens at the middle HiveEngine price...
Do you want to sponsor the PH-Pool with your tokens, receive a short SPONSORED segment in this post, and raise awareness about your front-end or dApp? Please let me know in the comment section, or contact me through Discord or Twitter, and we will find the best solution for both parties...
If you want to join the WorkerBee PH-Pool, the only thing that you have to do is to STAKE tokens to YOUR account and DELEGATE your staked WORKERBEE tokens to THIS account (@ph1102)! Every week you will get your portion of mined BEE tokens and BONUS rewards!
.:. DO NOT STAKE TOKENS TO MY ACCOUNT!!! Just DELEGATE! .:.
All payments will be made after publishing this post...
If you have any questions, please leave them in the comment section!
You can find more about this pool in the initial post here https://ecency.com/hive-119826/@ph1102/workerbee-p-h-ool-let-s-help-each-other
Thank you for your time,
--ph--
None of this is financial advice!!!
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How strange that we elect them and then they ruin our life standarts and future.
Hehehe.. true... I like sayings... this one suits your comment 😃
The way I see rules are that they are simply ways on what behaviours are acceptable or not by the mass public. It doesn't matter how much power or stake you have on Hive, if you come up with a stupid rule like everyone must log onto Hive at 5pm local time and make 5 comments every day, no one is going to support you.
Even if there's a "rule' that's accepted by a lot of people, not everyone is obliged to follow it. There are many 'outliers' who continue to do their own stuff on Hive despite the disapproval of many others.
A man, or specifically a husband, must know his place in his home 😉
hahahaha... I didn't think about that, but rather about my business lessons... But you are right about that. The same goes for a wife... 😜
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On paper there are no rules, but in practice there are... It would just be better to have them written somewhere... Even tough it's all about power, today is like this but If tomorrow I buy one trillion of hive and make the unwritten rule "every post must include your sister naked otherwise it will get equilized by me"... That would be a new rule 😅
Ideally, code it into the chain... I'm all for that! It's much easier when you have them written, as they are obligatory for everyone!
I don't know about you, but I find these unwritten rules disturbing, mainly because they are set by those who, as you said, think they have the power. But if this continues, we will end up in samsara, a vicious circle you cannot escape.
I would prefer us to go in a logarithmic spiral for the better. That is not possible with big egos like my dick is more significant than yours, of which there are quite a few here, so I do not know exactly where we will end up.
Unfortunately, we have been rolling in the mud for quite some time... It looks like we are going two steps forward, 1-2 steps back... Yes, we made progress, but we are still discussing the same things repeatedly... Maybe the "actors" are different, but the play is the same...
I hope that VSC will shake things up, give some new use cases, and create new opportunities... We need it as a tractor to get us out of the mud... 😂
👍
The expression as i have heard it is slightly different: "Curiosity killed the cat, but satisfaction brought it back."
That one is suitable too... Nice version... :)
Sometimes I think there should be unwritten rules, otherwise, you know, people abuse it in a really, really exaggerated way. Of course I agree with the word more equal, everybody is aware of that
Wouldn't it be better if those were written rules, preferably "in the code"?
For example, how can it be included in the code that people don't comment “nice photo”? Or to stay away from plagiarism?
The "nice photo" comment, is a comment... For some, that's maybe the only thing they know to write in English...
But, for the other part, regarding plagiarism and similar things, we could create tools for doing "community moderation." For example, if X people "flag" a post as plagiarism, it removes rewards or something similar...
This time there will be different considerations for the “X number” or people can create dozens of bot accounts and zero out the reward for any post.
C'mon Incublus, don't be that salty... 😃 I gave the initial idea (which wasn't mine, tbh... :)) and you are undermining it instead of giving positive thoughts about it... 😝
How about counting X accounts of those who have more than X HivePower, or more than 75 Reputation? Or something similar...
Man I just try to brainstorm, of course I agree with you. I wish there is a way to stop plagiarism or recycling on Hive 😂
For example, how can it be included in the code that people don't comment “nice photo”? Or to stay away from plagiarism?
The phrase appeared in William Shakespeare's works as well. Now you've used it well on the current market conditions. The curious people know nothing but panic.
Thanks for sharing that curious fact (no pun intended 😃)!
I didn't know the continuation to this quote either...
About rules on Hive... I believe the notion of "decentralization" makes them rather... limited in scope. Where I see them more "enforced" than elsewhere is where the reward pool or the DHF funds are involved. The problem is that we see sporadic witch hunting campaigns rather than a clearer conduit that should be followed and people not following it not be rewarded with author rewards or HBD for the DHF proposals. The problem is there aren't many other alternative rewards with considerable value either, if, for example, someone doesn't want to follow that conduit, but feels attracted by the conduit/rules from a certain community on Hive.
I mentioned a few times before... All this wouldn't be discussed at all if we would have apps built on top of HIVE where you can use HIVE and HBD... For example, 10 apps like Splinterlands or some good DeFi platform for lending and borrowing or decentralized perp trading platform...
Nobody cares about the distribution of ETH, BTC, SOL, or any other chain... People care about apps where they can use them and make them work... Only on HIVE we are discussing distribution over and over again...
All this wouldn't be an issue if those "unwritten" rules were hardcoded in the chain... It's probably a lot of work, but at least we would move on...
Or, if we got those SMTs (or HMTs) where every community would have their own token, own rules, etc.
Good point! I wouldn't sit on my liquid Hive on the base layer either. Sure, I could have moved it to Hive-Engine, but there's a fee and no "guarantee" I could have made a profit there instead of losing money. And where there are some options, we don't really have good ways to know how much we are making (from fees in the LPs, over time).
After a single news story, we have seen that market prices have dropped significantly and people are currently just in depression.
That happens when one person rules the world... 😖
The "splash" of written/unwritten rules are temporary, calmness of Hive pond is permanent.
In current case, I am not in support of any side, enforcer and enforced(who left Hive) and both are right on their positions.
But, wouldn't it be better that we had "rules" coded into the chain? That could prevent people of "getting disappointed" and leave...
btw. I do agree with your point of view... It's not black or white, and both sides have their "rights" and wrongs..
Hidden rules are fine with me imho like irl we have that. Thank you for the CTPSB!
I'm a bad gambler as I like to have "open cards" and clear rules... 😃
There are quite a few unwritten rules here on Hive. It takes a while for people to learn about them, and I think those unwritten rules end up making the new user experience a bit worst.
Thanks for running the pool and for the BEE/CTPSB tokens
Yeah... they work like negative surprises... Nobody expects them, and they ruin the first impressions... HIVE can be complicated in itself, but adding "unwritten" rules makes it worse...
First of all, please add me to your list so I can receive updates too!
Yes, it's fascinating how we still use idioms in our modern English from 100 years ago or more, and we often only use half the phrase, so the meaning is lost!
"The rule of thumb" and "You couldn't swing a cat in here" being the most macarbe!
I'm not sure of what list you think. These users are part of the WORKERBEE pool, and there is no list for updates... If you mixed it with the announcement posts for my #HHHLive show, that's another thing... 😃 There is a list for mentions about the future shows...
I like idioms and sayings as they are tested by time, which makes them valid!
Got you. I understand better now.
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Learnt something new again from your post. Never heard previously the full sentence of curiosity killed the cat but the truth brought it back to life. In that case, the cat dying isn't that bad lol, perhaps it's necessary?
I think for the most part, Hive mirrors reality in general. We humans will always have contradictory/conflicting thoughts/behaviour. We may want everyone to do better, but not better than us, for example. For me, I try as much as I can to see the reality just as it is, and then act accordingly, depending on the context.
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Hahahaha... I suppose so... The truth worth dying? 😃
Oh, that's for sure... HIVE mirrors reality and shows human nature very well! You can find it everywhere... in the posts, comments, etc. As it is "smaller", you can easily spot it!
I mean it's worth dying to find the truth, as in one needs to figuratively die first before the truth will reveal itself. Don't know if it makes sense lol.
I like to think our rules on Hive is like an unwritten constitution. The more you stay the more you get to know these rules, unfortunately no one comes to make a post and says "oh, here are the rules"
Even in places where no one governs, you'll realized that these are the places with the most enforced rules that don't seem obvious on the surface.
That's true, but isn't that bad from the perspective of new users? I know that there are people who want to cheat from the very beginning, but there are genuine people who don't know those "unwritten" rules... And when they got bashed with a hammer, it can be painful and demotivating to continue and to "learn" the rest of the rules...
I 100% agree with this! I don't like to have many rules, but I do like to have clear and simple ones!
It's one of the things about Hive that we mostly put up with. On Hive I learned that I must make sure never to earn too much on my post. I also learned never to interact with a few people, else you put a target on your back. There so many unwritten rules. Some of them actually will hurt a new user who doesn't know anything. As people would rather choose downvotes than actual communication
Thanks for the update and tokens!
A little related but a little off topic as well.. I am not sure if it's just me, but it seems that we are back to the period where quite a number of people "disappeared", either stopped posting or curating or engaging.. It feels eerily quiet sometimes. But maybe it's just people are not engaging much with me. Hahahaha.
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Regarding engagement, I still have some on my posts, but I did notice fewer posts in general when I curate for @Ourpick... Some dramas are happening, but the HIVE price and general crypto environment are a bit down... So, that could be one of the main reasons... It happened in the past, it will happen in the future...
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