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RE: BlackRock and Vanguard also now own Bitcoin!

in LeoFinance4 years ago

Screw bringing in investors, we need more casual users. Making a healthy social platform should be the first priority.

Long term value comes from utility, if there are more users than the value of Hive will naturally go up on its own. If we bring in enough users than people will start to do more exchanges entirely with Hive and the value of Hive will become independent of other (crypto)currencies.

Having too many big investors will doom Hive to failure as it'll create an unsustainable wealth gap. If any one person has, or very small group of people have, enough Hive to completely tank the value by cashing out than the cryptocurrency has failed.

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How do you propose we bring in "enough" users to make your statement factual? Over 4 years of trying basically the current model hasn't yielded those results...

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