Are you using Hive.blog?
The idea of “earning cryptocurrency by posting” sounds exciting and full of possibilities. But once you start using it, you quickly run into a real dilemma: should you prioritize building influence, or should you go after the money?
Table of Contents
What is Hive Power?
Hive.blog uses a system called “Hive Power” (HP), which functions like an “influence point” on the platform. The more HP you have, the greater the rewards you can give others when you upvote their posts, and the more your own influence grows. However, once you accumulate HP, you can’t use it like cash right away-it’s locked and not immediately liquid.
How Do You Cash Out HP?
So, what if you want to turn your HP into money? You have to go through a process called “Power Down.” This takes time-cashing out all your HP can take several weeks (for example, 13 weeks), and you can only withdraw a little at a time. If you want to access your funds all at once, it’s inconvenient.
On top of that, reducing your HP means your influence on the platform also drops. In other words, as you cash out, your presence and power within Hive diminish.
Why Does This Dilemma Exist?
In short:
- The more HP you accumulate, the greater your influence and reach within Hive.
- But the more you try to cash out HP, the more your influence declines.
This balance is genuinely tough. If you want more influence, you’ll want to keep your HP. But if you want money now, you’ll have to break down your HP. You’re constantly forced to choose between the two.
Hive’s Design: Clever but Frustrating
This system is intentionally designed by Hive. If everyone could cash out instantly, people might leave all at once, and the platform would lose its vibrancy. By encouraging users to accumulate HP, Hive is sending the message: “Stick around and be part of the community!”
But this also means users are always torn between “I want money I can use right now!” and “I want more influence!” It’s a constant internal struggle.
Well thought out!
Summary
Hive.blog is a social network that forces users to seriously consider the balance between “influence” and “money you can cash out.” Will you accumulate “money you can never cash out (HP)” to boost your influence, or will you reduce HP to get liquid funds? The choice is yours.
Which would you choose?
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