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RE: Cryptocurrency Evolution: Getting Aligned With The Business Cycle

in LeoFinance2 years ago

There is need for a product or service.

Almost everyone in crypto talks about how they can profit from the system and most people own a coin just because of the potential to rise.

I guess this is why Warren Buffet was saying Crypto is not a great investment.

I was talking to @ebingo and told him if a crypto currency was incorporated into a game like PlayStation where you need to upgrade using a crypto, there might be a rise in adoption.

At some point, we almost concluded that crypto was almost a ponzi scheme but I guess its too early to judge.

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I mean the internet started in 1995 27 years and it's all everyone uses to communicate. We need to give that type of time for the market to grow, but we also need to change our mindset toward production and service delivery within our time of growth

Hive is doing that. We are building applications that have utility with people.

Posted Using LeoFinance Beta

I totally agree. We are yet to see the true potential of hive

There are services all over the place. The challenge is there simply is not enough of them. At this point, most are financially related. So to conclude it is a ponzi scheme when there are use cases if simply wrong.

Look at Hive. You are have a use case right here.

Posted Using LeoFinance Beta

Look at Hive. You are have a use case right here

But will hive continue, if there are no investors??

Just a hypothetical question tho