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RE: The First 100 Million Users Are The Hardest

in LeoFinance4 years ago

I was just thinking about Hive the other day and why it hasn't gained as much attention as it really deserves. One of the things that I kept coming back to was the fact that although it is easy to get started, it isn't as easy to get out. Unlike the old days where people waited around for weeks to get their accounts set up, it happens almost instantaneously now. However, when they want to leave, there just isn't an easy way. I think until some of the major apps get Hive listed like Coinbase, Crypto.com, etc (which may never happen) people are going to be hesitant. Of course in the future there should be no need to exit to fiat, but right now there is for many people.

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That might be true but the people who need to get out of Hive, do. Look at what the Venezuelans and Nigerians do to get their money into their native currency.

The turning point will be when we do not need to convert to fiat. We are there now for wealth building but not for income.

That said, Hive will explode on the scene at some point. We have too much going on for it to be overlooked.

I am confident things will be a lot different by the end of this year.

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That is a good point especially since you used the word "need". People in those countries need to get out versus want to get out. I think that "desperation" leads to the desire to learn and jump through all of the numerous conversion hoops. Meanwhile the rest of the world who simply want to see what it is all about and "want" to get out will find it much more difficult to the point of frustration and abandonment. I do agree things will be much different when fiat is not necessary and likely the course of this year will bring about countless changes.

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