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RE: Snaps Container // 12/26/2025, 9:00:00 AM

in Snaps5 days ago

After doing anti abuse for a short period of time, I am convinced a significant percentage of the users on HIVE have no idea how the reward pool works.

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Users were recruited with a little bit of information how it works and with a promise of as good as the country's running president. 😁

LOL

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It's not "real money", they say (or think).

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Yep! Most people think it gets created by unicorn farts

It seems you've read the minds of many users around, @hurtlocker. 😅

🤣🤣🤣🤣

Let's focus on the good side, anyway. 😅

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Maybe the ratio of scammers now reduced

What do you mean? Sorry just a little confused 😅

I mean that you started downvoting and because of this maybe scammer beware and leave hive or stop scamming the hive ....

I don't think scams will ever stop. It's just whack a mole lol

The reward pool will naturally attract scammers imo. Especially if HIVE price goes up, it will be more attractive to scammers.

Yeah I agree and today the hive is above 10 cents..... But when it was below 10 cents i saw many people quite

It is just a short lived pump I would guess. I suspect we will go lower in 2026 because we have a lot of people extracting and there is still a lot of accounts that just post nonsense to farm the reward pool.

It's magical internet money after all

That seems to be a common belief 😅

Come here and you can get free money forever….. what could go wrong? 🤣

The other day on the podcast, @grampo said something that has been living in my head rent free. Hive is a subscription model. I think he's onto something there. It is, and as such, you are "entitled" to curation I guess. But the author rewards, I think that's not part of it.

I think that analogy is pretty good. They are called rewards though.

I think assuming anyone is "entitled" to anything creates a false sense of security.

I do believe if people thought in terms of HIVE instead of dollars that would "fix" a lot if things here.

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Of course not. Most people have no idea how any kind of financial devices work, they just know whether or not they can afford to spend.

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