Would be cool if $HIVE could be my future "banking" alternative for storing my value. Or I mean it can already be it today, but think we need easier on- offboarding of capital before it will be a viable option
Yeah and you can use that to get into our out of Hive. For example, I buy LTC on my exchange, transfer those fund to my LTC adress on Hive-engine wallet. Then I buy Hive and transfer it to my account.
Definitely! No need for banks in the future
Would be cool if $HIVE could be my future "banking" alternative for storing my value. Or I mean it can already be it today, but think we need easier on- offboarding of capital before it will be a viable option
I've actually thought about Hive like that. Especially HBD and savings could easily replace some regular bank activities.
But yeah, moving capital in/out isn't the smoothest operation but once the bridge dev elsewhere goes further, Hive will then follow, I'm sure
What is the current option for moving hive in or out?
I'm using LTC, BCH have been working well too! These 2 are pretty fast with low transaction fees.
You can use Hive-engine to get several different tokens like $BTC, $LTC or $ETH and us that to move in or out from $HIVE :)
Sure there are more ways also.
Hmm not sure what are you talking about, those tokens are wrapped on Hive, I'm asking about bridges
Yeah and you can use that to get into our out of Hive. For example, I buy LTC on my exchange, transfer those fund to my LTC adress on Hive-engine wallet. Then I buy Hive and transfer it to my account.
There are bridges as well. But not much liquidity