RE: Fixing Valueplan
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I can't tell you how that would work or what should change.
Same. I have some insights, as I'm sure you also do. I don't begrudge anyone any stake, but I do begrudge predation on me and society that deprecates that real wealth that our good fellows are. How to rein in such power that abused has blasted away ~1m users that organically came here and surmounted the onboarding process and learning curve to start providing content is going to take someone smarter than me to devise.
Curtailing the power of stake to do so is necessary. How to curtail that power isn't clear. What is clear is that HW isn't the way to do it, and it isn't necessary to read more than once the humiliation ritual they put people through to get off their blacklist to know this beyond doubt. It also is clear that some mechanism needs to exist to cause people not to prey on society here. The oligarchy has found a middle ground of 3k-5k organic users that enable enough content to be published to maintain it, that enables them to continue to attain to ROI from their stake. More users threatens their control of governance by distributing Hive stake, and fewer threatens to render the platform without sufficient economic activity to avail them nominal ROI to bother with it.
Valueplan is pretty obviously enabling kickbacks that increase the ROI of the oligarchy, because they're not screeching about lack of accountability despite eyewitness testimony to theft by fraud, wasting the funding on proposals that produce no benefits to the platform whatsoever, onboard no new users, recruit no new investors, gain no new listings, nothing. If I had $1M that someone was bleeding away I'd sure screech about it. Since none of them are screeching, they are getting that blood and feasting on it. That is obvious.
Hive won't exist in 10 years at this rate of bleed. I may not live that long anyway. Not sure anything I do or say will have any ability to change any of that, so I take such opportunity as I have to sound my barbaric yawp across the rooftops of the world while I lean and loaf and take my ease, nibbling on 'Blades of Grass' as I do. From time to time fellow sojourners with meaningful yawps of their own give voice, so I thank you for it.
I think ultimately if downvote removing earnings could be removed that would help. Yet spam, and plagiarism should still need to be countered.
Ultimately whether someone DISLIKES a product or not should be irrelevant. When they walk into a store with their money they don't sit there putting black stickers on all the things they don't like. They simply spend their money on the things they WANT.
Everyone should be able to do that. Right now it has an anti-market mechanism of being able to make it look like demand doesn't exist simply due to the whims of the powerful.
It is taxation. Just as taxation can be either punitive or protective, both purposes are also sources of income for taxing authorities, governments that impose them. We see that on Hive we don't have much in the way of protective tariffs, and DV's are income taxes that are levied to suppress commerce or industry, and produce income for the government. The government of Hive is the control of the witnesses, and the majority of inflation issued from the rewards pool inures to the majority stakeholders that control the witnesses, so when DV's return someone elses income to the rewards pool, the majority of stake so returned then inures to that oligarchy that governs Hive.
This creates the perverse incentive of punishing commercial success as a source of funding government. Just as commerce and industry IRL would falter and crumble into almost nothing were a polity to enable unrestrained taxation to be applied by the captains of industry that had captured the government, like Ford taxing Toyota until Toyota had no income from it's commercial endeavors, which would drive Toyota from the market, we see the oligarchy on Hive doing the same thing, and our library of content, the commercial product that underlies our economy, is largely limited to accounts and products contributing to the wallets of the oligarchs that control Hive governance. This is why the oligarchy is perplexingly stable, despite the incredible variations in that economy, with bidbots and the fork affecting but little the fact that ~36 whales mined up stake to control Steem governance upon it's advent, and ~36 whales control Hive governance today. Such changes to that oligarchy have reflected the fact that stake is power to govern, and new additions to the oligarchy have been those that most loved money, which those that no longer are in there least attained it.
Given the common understanding of the love of money proclaimed in ancient aphorism, this is an indictment of Hive's government, rather than producing expectation a strong and healthy society will thrive under it. I am not surprised a plutocracy does not produce thriving pluralism and commerce when that plutocracy is availed the power of unrestrained taxation of incomes as it's source of governing power. I am surprised such plutocracy can persist at all, and we see that Steem was conquered by a single plutocrat. It's hard to foresee any other future for Hive, except being strangled to death by the avarice of it's governors.