____  ___    _  _     _   _ _____     _______
 / ___|/ _ \  | || |   | | | |_ _\ \   / / ____|
| |  _| | | | | || |_  | |_| || | \ \ / /|  _|
| |_| | |_| | |__   _| |  _  || |  \ V / | |___
 \____|\___/     |_|   |_| |_|___|  \_/  |_____|

 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

RUGPULL IMMINENT

BY: @heimindanger | CREATED: Feb. 13, 2026, 2:45 a.m. | VOTES: 115 | PAYOUT: $0.00 | [ VOTE ]

WHAT CAN GO WRONG?

https://www.coingecko.com/en/coins/hive
https://www.binance.com/en/orderbook/HIVE_USDT

TAGS: [ #rugpull ]

Replies

@valued-customer | Feb. 13, 2026, 11:52 a.m. | Votes: 0 | [ VOTE ]

Seems to me the rugs already been pulled. When consensus witnesses quit, and whales do nothing about it, we can run new code and fix shit.

Thanks!

@heimindanger | Feb. 13, 2026, 8:33 p.m. | Votes: 4 | [ VOTE ]

What new code? Who will build it?

@chronocrypto | Feb. 13, 2026, 10:14 p.m. | Votes: 0 | [ VOTE ]

Open claw

@valued-customer | Feb. 14, 2026, 1:40 p.m. | Votes: 5 | [ VOTE ]

As chronocrypto points out, there are plenty of coders, and even vibe coding exists today. What's important are the incentives in the code, and the incentives in the code have increasingly focused the extraction of tokens from the rewards pool in the extant Hive oligarchy - and they excluded you. You don't care to make Hive an actual social media platform that enables free speech and grows to out compete Fakebook. You're just pissed you got excluded from the oligarchy and didn't get to rake in rewards from the pool like Smooth and the rest.

I don't recall you objecting to the centralization of stake in an oligarchy until you were excluded from the oligarchy - like the rest of us. I don't recall you objecting to the platform being a pure plutocracy, until the plutocracy cut you off. Then you strenuously objected. Not to the misaligned incentives that enabled the oligarchy to concentrate rewards in their wallets, but that you weren't included in that rake.

Correct me if I'm wrong, but that's what I recall when you weren't enabled to keep raking. I really do hope I'm wrong. It's been a while and my memory isn't what it used to be, so I could be.

@heimindanger | Feb. 14, 2026, 5:13 p.m. | Votes: 4 | [ VOTE ]

You are partly right. I never really needed it, but I was blinded by the rewards, and I didn't complain about the misaligned financial incentives of the system as long as I was on the right side of it. To be fair, when I joined, the system was much different. @steemit controlled a large share of the stake like a company. Proposal system didn't exist.

I went to the early SteemFest events, met with some good people, some of those are still my friends to this day, especially in the French community. But I never managed to create a real connection with these 'higher-up' profiles. All they saw in me was my coding abilities. Anytime they interacted with me, they had an idea in mind. Sadly for them, I have been exploited countless times in my early life, and I possess a good bullshit detector. Therefore their tactics never worked on me.

They never really included me in the top hierarchy. I was never in the most private channels. I got upvoted because of the work I did (steemjs, steemwhales, dtube, etc). It was their way of thanking me and keeping me in the system.

You are very wrong about one thing: I always complained even when I was on the 'virtual' payroll. When I see problems, I have to open my mouth. That's the way I am. That's the reason why I got excluded. Not the other way around.

  1. First strike: SteemWhales exposed many people to the issue with wealth distribution in the blockchain. https://hive.blog/steem/@heimindanger/downvote-me-if-you-can-t
  2. Second strike: opening my mouth about the 'bidbots' problem, what you call now 'auto voting'. I was strongly against it and made many enemies.
    https://hive.blog/steem/@heimindanger/don-t-use-vote-selling-bots-use-promoted-instead-a-bot-that-upvotes-you-when-you-burn-money
    https://hive.blog/steem/@heimindanger/proof-of-no-brain
  3. My ultimate mistake and what costed me my reputation and landing on all the blacklists, was the Justin Sun drama. Unlike 90% of the other victims of this, I am not chinese. I simply respect individual property and freedom of trade. Therefore I had to open my mouth (again) when they stole from the chinese guy. FYI they literally deleted the purchased stake through a secret hard-fork.
    https://hive.blog/hive-111111/@heimindanger/how-to-fuck-a-dpos-blockchain

All this is publicly available information, thanks to the transparency and immutability of the blockchain. This is the proof that I am a faithful in what I say. People are just lazy to read.

@heimindanger | Feb. 14, 2026, 5:45 p.m. | Votes: 4 | [ VOTE ]

BTW to go back to subject, there is no way you can re-code something like Steem/Hive with only AI. You still need a good human engineer to architect it. The AI on its own would create something horrible, with many security issues requiring complete refactors. And even if it was secure, it would be incredibly inefficient at scale.

Maybe in a few years...

@valued-customer | Feb. 15, 2026, 12:24 a.m. | Votes: 0 | [ VOTE ]

Condensing my reply to one comment, for simplicity's sake.

>"When I see problems, I have to open my mouth. That's the way I am. That's the reason why I got excluded."

Ok, makes sense.

>"...the 'bidbots' problem..."

I think we (I also bitterly opposed them) eventually won that fight. However, guruasia still runs a bidbot on Hive last I checked.

>"...what you call now 'auto voting'..."

No I don't call bidbots autovoters. Autovotes are where folks run a script that automatically upvotes (or downvotes) posts from specific authors, whether or not they are paid to do so. Blacklists depend on autovoters to work. I am also against them. Not because I hate saving time, but because automating social interactions destroys society, just like battery operated boyfriends destroy relationships, only worse. Every up and down vote on Hive should be cast manually, otherwise they're not actual social interactions.

>"...the chinese guy."

You mean Sun Yuchen, who purchased the Founder's stake from Ned (just to save me time reading because I'm lazy busy)? Sun was obligated to not vote witnesses with that stake, and he voted witnesses with it. That had been a core obligation of the holders of that stake without which none of them that invested would have. That was a bad business all around and there were no good actors involved IMHO. I reckon you weren't technically wrong, but anyone demanding ethical behaviour from any of the bad actors involved wasn't going to succeed. Kudos for tilting at windmills anyway.

>"...there is no way you can re-code something like Steem/Hive with only AI."

I am sure you're right. But I am also sure competent coders can, and Blurt exists because they did.

@offgridlife | Feb. 13, 2026, 1:23 p.m. | Votes: 2 | [ VOTE ]

We all sold back at $3 bud

@gr33nm4ster | Feb. 14, 2026, 6:17 a.m. | Votes: 0 | [ VOTE ]

Got You.

[ BACK TO TRENDING ] [ BACK TO MENU ]
CMD>