In this episode, I dive into why I decided to step away from Hive, a platform I once enthusiastically promoted as a beacon for Web3 social networking. Here's the breakdown:

The Downvote Economy: I discuss @krom's eye-opening article about how Hive has become a "downvote economy." I've witnessed how established users use this system to their advantage, essentially squashing new creators and hoarding rewards among themselves.

Decentralization Contradiction: I also cover another of @krom's insights, where he mathematically shows how Hive's downvote mechanism actually centralizes control, contrary to what you'd expect in a decentralized network. This has led me to question if Hive truly stands for what it preaches.

My Journey with Hive: I share my personal journey, from being a hopeful advocate to recognizing the platform's failure to evolve into a fair, decentralized space. Despite my efforts to push for change, the system seemed rigged to favor the 'Hive oligarchy.'

Conclusion: I stopped promoting Hive because it feels like endorsing a system that's more of a pyramid scheme than a community-driven platform. I urge listeners to look for alternatives that might better embody the principles of decentralization such as Blurt

Links discussed:

Follow me on Blurt - https://beblurt.com/@unklebonehead

Follow me on X - https://x.com/unkle_bonehead

Email me at [email protected]