RE: HIVE and Reddit - About Community Moderation
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Reddit has a lot of success and tons of people in it. Somehow it proves the value of social interaction and social knowledge to keep communities alive without the need of an in-built token like Hive has.
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In-built tokens like Hive are a double-edged sword... It feels like work. It encorages people to not make enemies so more than a few will be fake. (On reddit, people are so unhinged, which can be a good or a bad thing.) The threat of downvotes is stressful. There will always be people who abuse the monetary system and benefit of others' hard work.
Some people will just not participate in this on the principle.