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RE: Bitcoin Dominance has Peaked: Altmarket Begins

in LeoFinance3 months ago

What exciting things are happening on hive?

Hive's biggest problems are liquidity and smart contracts.
We should have a solution soon.
We are going to have decentralized wrapped Bitcoin on chain that we can move around for $0 fee.
On top of LPs paired to this wrapped Bitcoin (BTC/HIVE BTC/HBD).

At a certain point simply being able to provide $0 fees is going to be huge as well.
People looking at Solana right now like "wow so cool only a couple cents for fees"
Yeah well what happens when it goes x1000 and now the fee is $20 and the network is constantly collapsing? Simply not scalable in the current form no matter how low the fee is today.