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RE: A random oddball question for you. :)

in LeoFinancelast year

That's a thought provoking post !

My take on it (although I'm by no means an expert) has three factors;

First, that most crypto investors sensibly spread their investment. There is no point in being tribal; that is legacy world thinking. We need to accept that anyone investing in Hive is putting other funds elsewhere, so collaboration makes sense.

Second, from a purely ideological point of view those of us who are interested in crypto as more than just a "get rich quick" scheme see it as a way to reduce the ability of governments, banks and legacy institutions to coerce us. There are few enough of us, so if we don't work together (and in some cases, agree to differ on some issues) we'll be overwhelmed by the tide of regulations, CBDC's etc.

Finally, and this is a personal view that is likely to be unpopular, I'd like to see collaborations using the coins & tokens we already have. There's a tendency to create new tokens for every project, and then give a serious chunk to the dev team. I would prefer to see new use cases added to existing tokens; it reinforces their utility, value and market cap, and would hopefully increase adoption. I want to see HBD and HIVE widely known and accepted for payments !

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We need to accept that anyone investing in Hive is putting other funds elsewhere, so collaboration makes sense.

See, and here I thought I was the only one with this in mind. :)

Second, from a purely ideological point of view those of us who are interested in crypto as more than just a "get rich quick" scheme see it as a way to reduce the ability of governments, banks and legacy institutions to coerce us.

A good point. Obstacle number 1 though. How does one discern those that truly hold these values from those that pretend to. I hold the opinion that most of crypto is full of 💩 and uses these ideological values as only a marketing pitch.
If indeed collabs are possible, whos the arbiter deciding who holds these values and who doesnt?
If its only one group, and that group decides, then collabs arent possible on that level imo.