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RE: How Many Millionaires Will Hive Create?

in LeoFinance3 years ago (edited)

It all depends on how you see it. I look at what I have on paper as it is staked and have to use that stake to generate more. Why would anyone take it out if that is how you generate your wealth through liquid income. Once you take it out then what? It is safer to keep it in and grow such a big bag that the liquid provides you with everything you need. At that point you never have to use Dollars again as crypto is the only way forward.
Calculating now I would need Hive at $17.05 to become a millionaire but that means nothing really as it is stake and would generate roughly $5-6000 per month on curation alone and another $2000 on interest. I am nowhere near done and know by staying the path and growing daily that this figure can be dwarfed by what is going to come.

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