Exercising Our Personal Power Within Hive
When we typical invest in the present system, we usually have very little impact over what takes place. For example, if we buy a few shares of Tesla, what are we going to do to influence the price? Perhaps we could tell others but unless we have a relative who runs a hedge fund, a few shares here and there mean little. Of course, we could buy the product but again, on the scale of things, what does that really do?
In this video I discuss how we tend to underestimate what we can do on Hive. Those who understand that they have the power to influence our return and what we will get out of this are the ones who can take the action to ensure that. No longer are we relagated to passive investing. We can take action to help kick off the network effect that takes ecosystems like these much higher.
▶️ 3Speak
I can say that not everybody in US stock market is buying Tesla share; however, many people on HIVE are staking and influence the whole blockchain.
No that is true. But to use your analogy, not everyone in cryptocurrency is buying and staking Hive.
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But we talk about HIVE ecosystem.
the community has shown that there are quite a few investors who are actively providing more value to hive regardless of their investment, I believe it is mutually beneficial.
It is beneficial. Everyone involved has an impact, no matter how small it seems. If everyone realized that, we would advance a lot quicker.
Most would realize an extra few minutes on a post would have an impact or that an extra couple comments to a post could help to advance things.
It all adds up.
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Hive really empowers users and they have an infinite way to engage. I simply have stopped counting the ways we can earn here and exchange the rewards to one token or the other. A lot of options for the end-users and this is why it is so appealing, addictive and motivates you to keep on going.
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The different ways to earn means the different ways we can impact things. There are a lot of tribes and games forming.
For that reason, as we do something, it has the "butterfly effect", influencing things elsewhere.
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Hmm u can get some shares of a company
but the decisions make other people,
so it is a risk to hold it... 🧠
But in the blockchain thing,
in my opinion it is much more up to you
how it will run in future!
The is the major difference. Unless you hold a tremendous stake in a company, very little is impacted.
With blockchain, we can decide the projects we dedicate our time to.
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This is such an encouraging and empowering post. One of my goals is to make sure I engage like crazy any time I see I have 100% voting power. That 100% means I have votes to give that could be working for me and for the community. !BBH
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Curating is just one example how we help ourselves while also helping others. It is one of the primary ways we enhance those on the platform. Plus our upvotes, depending upon the tokens we are holding, can reward in different ways.
It is amazing how much things will spread.
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Because this is such an awesome post, here is a BBH Tip for you.
. Keep up the fantastic work
I wish this was in a written form.
However, our returns on Hive is dependent on how well we work. I think we can all make more if we put in a little more effort. Meanwhile, there are still other ways to earn passively here on Hive
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Absolutely. Passive can be enhanced by the active. That is where this is a bit unique. Many want to sit back and just collect. That is great if one has a big stash to begin with.
However, for the rest of us, the more activity the more results we get. It is really that simple.
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Apt!
On a second thought, is it possible to put in more activity but get little results?
If yes, what could be the cause?
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I suck at that. I haven't managed to get a single person to be active on Hive. It's their fault too... I bet most of the ones I talked to about Hive will come to me "and ask" in a few years from now.
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Summary:
In this video, Task explores the concept of exercising personal power within the Hive ecosystem. He contrasts traditional investments like stocks and bonds with Hive, emphasizing the unique opportunities Hive offers for individuals to impact and benefit the platform. Task discusses the network effect on digital systems and how user engagement can exponentially increase value. He delves into how users can contribute to Hive through activities like posting, commenting, upvoting, and engaging with others. Task underscores the power of individual actions within Hive and the potential collective impact on the platform's growth and value.
Detailed Article:
Task delves into the concept of personal power within the Hive ecosystem, highlighting the difference between traditional investments and engagement within Hive. He begins by discussing how in traditional financial systems, individual actions have minimal impact on investments like stocks or commodities. In contrast, within Hive, users have the opportunity to actively participate and influence the platform's growth and value.
Task explains the network effect in digital systems, emphasizing how user engagement plays a crucial role in enhancing the value of platforms like Hive. He draws parallels with mainstream social media platforms like Facebook, showcasing the potential impact of user activities on network growth. Task underlines Hive's unique characteristics that empower users to not only engage but also influence the platform's development.
Furthermore, Task elaborates on the various ways users can exercise their power within Hive, including posting, commenting, upvoting, and interacting with others. He touches upon specific projects on Hive, such as PeakD, Leo Finance, and HiveBlog, highlighting the diverse opportunities for engagement and contribution. Task stresses the significance of communication and engagement within the Hive community without needing to rely on external platforms.
Moreover, Task delves into the role of tokens within Hive, explaining how users can impact the ecosystem through decisions like converting between Hive and HBD or staking tokens. He emphasizes the power of individual choices in shaping the distribution and circulation of Hive tokens. Task also discusses the potential for growth and impact through user engagement, emphasizing the collective influence of active participants on the platform's development.
Additionally, Task uses examples like Jay Feng to illustrate how consistent engagement, even through comments, can lead to significant involvement and impact within the Hive community. He encourages users to actively participate, not only for personal gain but also to contribute to the growth and success of Hive as a whole. Task challenges users to recognize their capabilities and the potential ripple effects of their actions on the platform's value and ecosystem.
In conclusion, Task encourages viewers to embrace their personal power within Hive, emphasizing the unique opportunities for engagement, influence, and growth within the platform. He prompts users to reflect on the impact of their actions and engagement on the community and the value of the Hive ecosystem. Through this exploration, Task emphasizes the transformative power of individual contributions within a decentralized and interactive platform like Hive.