Thank you, @shanibeer, for bringing this to my attention, and @blanchy, thank you for being the leader and providing the transparency we can't get from VP itself.
I happen to be on top of crypto's user base and where it is in the lead -- I ALWAYS keep the Chainalysis data at hand.
https://www.chainalysis.com/blog/2024-global-crypto-adoption-index/
I'm in country no. 4, the United States, and even we will have to work VERY HARD to get past India (1), Nigeria (2), and Indonesia (3) in terms of crypto adoption, so if we want to get Hive adopted, VP is still UPSIDE DOWN. Between the rally car and that bike, and that gym -- but India is down at NUMBER NINE. At least West Africa is a center of attention -- not that Ghana and Nigeria have the same interests because Africa is a CONTINENT ten times the size of the U.S., and you can't lump 54 COUNTRIES, not states, in the same basket -- but we are in the ballpark with Ghana, and the work Hive is doing there is life-changing for real. It is the best story Hive does not want to lean into and own -- we do what governments and NGOs refuse to do, and we do it WELL -- but we've got people running parts of VP who would cut that off if they could and have said so and I WILL pull the receipts if they deny it!
There are some tremendous things VP is doing well -- Vibes, boreholes, Posh, KRK -- because they are good things to do, and wonderful stories about Hive can come from them that can be promoted anywhere in the world. This and the DATA about where people WANT CRYPTO is what any promotional plan for Hive needs to focus on FIRST. Otherwise, money will always be going into the wind.
Thanks for your detailed comment. Alot of the Valueplan funding goes to Venezuela which is 13th on the chain analysis list. I don't really get why Hive is not targeting the more affluent country's. But it is hard to get it right. I get political unrest is a reason for crypto mass adoption but it is the richer countries that have more disposable income that would attract people to the likes of Hive. I definitely think China and Korea need looking at. Isn't the Korean exchange the highest Hive volume per day?
Yes, Korea is the leader in Hive, and has been for some time. China is kind of rough ... Justin Sun and all that ...
The problem about targeting countries that are more affluent is simple: we will not work in the U.S. and Europe for pennies. No time, no discipline as a culture at least in the U.S. to understand that the crypto cycle is four years and that those pennies stack up. Hive is basically 30 cents. That doesn't even register with Bitcoin at $103K. It will register when Hive is above a dollar, and the onboarding process is simple enough and the support is robust enough for new people to get guided correctly (I have made a significant effort in that direction) and not downvoted to the floor for mistakes they don't even know they are making. But culturally in the U.S., the masses are not going to jump through hoops for Hive at 30 cents. It's too much work for too little unless you are of a mind that those pennies add up -- and that is rare in the mass.
But now, be not deceived. India, Nigeria, and Indonesia all have rich people in their two billion souls. Hive would have to have people study who they are, what they want, and appeal to them on their own terms -- and with the money we are piling into VP, this should not be an unreasonable ask.