Saying that the price of HIVE will return to those prices (and probably beat its previous All-Time High) is indeed an optimistic view of the HIVE token. ππ The question is when. π€π€―π
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Hive is a superior blockchain in many respects, so I have no doubt that it will go up markedly. Of course, using debt-based fiat currencies to measure the value of Hive assets is pretty ridiculous, since Hive's assets are more intrinsically and inherently valuable, based as they are on our own human value. π π π β¨ π€
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You saying "debt-based" reminded me that Hive-Backed Dollars (HBD) can also be considered as "debt" on the blockchain, though others say that it's just a (very) simplistic view of the HBD token. π€π€―π€
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Well, since HBD is pegged to the US dollar, if and when the dollar crashes, HBD might be in a bit of a pickle until a new peg is chosen. πππβ¨π€
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Maybe there would be a Hive-Backed Gold (HBG) or its silver counterpart, or even more interesting and !FUN is Hive-Backed (PEPE) Frog (HBF). π€π€―ππ
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It would make more sense to have gold-backed HIVE, but the only issue with that is a small and slow-replenishing asset backing an infinite asset might run into problems, HIVE-backed PEPE sounds good! πππβ¨π€
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A HIVE-backed PEPE might mean "1 HIVE = 1 PEPE frog", though that might first demand that PEPE frogs are fungible! π€πΈπ€―π
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Well, it doesn't have to be 1 for 1. 1 PEPE could be reactions of 1 HIVE. I can't tell one PEPE apart from another, so they most be fungible! π π π β¨ π€
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@savvytester just sent you a DIY token as a little appreciation for your comment dear @tydynrain! Feel free to multiply it by sending someone else !DIY in a comment :) You can do that x times a day depending on your balance so:!DIYSTATSYou can query your personal balance by
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