RE: That Idea of 'Removing' the Hive Rewards Pool
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Why is it that whenever we have a good thing going, people want to downgrade?
People's silly comments:
Lower HBD interest... Remove Reward Pools... [Commenting? Who needs that?! (sarcasm)]
How about we have more badass unique features that make us competitive—YEAH, what if we tried that?
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I obviously do not have any answer to that but let's see how this idea pans out. More badass features will surely get Hive into people's radar :)
I think features that spread the wealth or allow people to generate passive income are a powerful incentive for people—from high HBD interest to liquidity rewards and even trading and providing liquidity to liquidity token pool tokens—the pool token inception.
If they say lower HBD interest to 10%, I say let's raise it to 25%. People need a reason to hold as developers create more utility (NFTs, games, real-world use, third-party lending). Also, as central banks raise their general fund interest rates and similar interest rates, a cryptocurrency needs to be more competitive with "savings accounts." Not every coin can be Bitcoin, with few user-focused features, and be valuable only by name.
I'm sure the devs can do something great.
Fuck yeah! :D