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#hive

Proof That It Was NOT An Airdrop: OUR STAKE WAS TAKEN

Here's the record of the funds that were taken from our accounts when the Hive blockchain split.

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Here's the record on the Hive blockchain.

I am certain that this was the exact opposite of an airdrop.

Figured I would post it here in case any of my followers are unaware. Whether or not you agree with HF 23, this was not, by any legitimate definition, an air drop.

Do what you will.

Comments · 6

  • @abitcoinskeptic(75)· 2291d

    Whether or not you agree with HF 23, this was not, by any legitimate definition, an air drop.

    Do you have any justifications for your claims that it isn't an airdrop?

    It seems You have no clue what you are talking about and you are just upset that your friends didn't get an airdrop.

    The IRS considers a forked chain to the creation of a new asset class when the legacy coin remains (Steem) and considers the distribution of the new coin (Hive) to be an airdrop and a taxable event: https://www.irs.gov/pub/irs-drop/rr-19-24.pdf

    Further, there are lots of cases where airdrops are not given out to all holders and are selectively distributed, sold etc.. No legal jurisdiction considers this to be a problem.

    Just because you hold a cryptocurrency doesn't entitle you to an airdrop under any law. Please inform if this isn't the case before you continue to act like an ignorant fool.

  • @joelsegovia(65)· 2291d

    This is not the way things played out... I am not supportive of Hive exclusion but actually what is done on Steem just ruins the concept of the blockchain technology!

    The user @fredrikaa made this comment that explains the situation very clear:

    "Yes. Anyone is free to create a new fork with whatever code and data they want. But there is one key difference here, namely whether or not the owners of the accounts whose states have been altered will themselves have to go through the trouble of first getting the support to run a version with their tokens, and second to have that token listed on exchanges and to thus gain value.

    While I was strongly against the Hive exclusions, at least those excluded did not have to do anything to keep their existing STEEM balances. Those who forked to Hive created a new token, and did all the work to get it listed on exchanges and recognized in order to hold value. On the other hand, if those affected by the alterations of balances included in this fork want to run a version with their funds, then granted that this code gets accepted by exchanges, they will have to come up with a different token with a different name and do all the work to give it value.

    Thus it is not apples and apples. In one instance, the affected party is imposed with a significant cost in order to retain the value they once had. Wheras in the other instance, those excluded from the HIVE fork has kept everything they had beforehand.

    Again, I disagreed with the exclusions, as well as the spam and other attempts to make Steem unstable. But still, this logic does not apply equally."

  • @yabapmatt(72)· 2291d

    What it's called or what the transactions look like really don't matter at all. The situation is very, very simple despite the attempts by those who were excluded to complicate it to serve their points.

    Hive is a new chain and a new token. It used the history of the Steem chain and token as a starting point and adjusted the things that the creators wanted to adjust at launch. It makes no difference how exactly those adjustments were done or what it was called.

    Does it suck that you and others were excluded? Yes. Do I personally agree with that decision? No. But in no possible way can it be reasonably construed to be stealing from anyone.

  • @dreamrafa(72)· 2291d

    You where excluded from the stake for the hive fork, the only way to do it was transferring your tokens on the very fork code, that's it...

    It doesn't matter if its called an "air drop" or whatever, hive is a new blockchain and no one owned hive token before, and no one had any rights to the new tokens... Whoever did the hardfork can do with the code what they please and call it how they like... You can do your own hardfork yourself and take the whole tokens to yourself if that please you...

    Now, taking the tokens from an existing blockchain is stealing, people invested and bought steem with their own hard earned money, it is not the same... Its revenge, and its low... It shows that there is no freedom on steem blockchain...

  • @onthewayout(62)· 2292d

    The real question that needs to be answered is: Did you own Hive before HF23? If the answer is yes then you are correct if not then you are not.

  • @dhimmel(66)· 2292d

    Have you considered an individual level proposal that reinstates your coins? As someone who knows your father and his contribution to the pre-fork community, I'd be happy to support such a proposal. I think if you clearly described and documented your situation in a proposal, it could garner sufficient support.