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RE: Wen Collateralizing HP For a HBD-Based Loan?

in LeoFinance9 months ago

Witnesses can use such a process to pay for infrastructure, instead of having a continuous power down running, for example. And choose when to sell HIVE, probably at a nice price toward the end of bull markets. Other services and businesses on Hive can use it too

This is a good idea. In reality, there are many mechanisms the witnesses aren't even trying out just yet. So many creative ways to help hive hold value. With something like this, people might be inclined to just sell mostly during the bull market

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With something like this, people might be inclined to just sell mostly during the bull market

I know only one person who has a business on Hive and has correctly taken advantage of the crypto cycle so far, and made it public (there may be others I don't know or kept it to themselves). That is Khal. People may like him or not, but he had a looong runway for business operations during the bear market, when everyone was cutting costs and laying off people. That takes some foresight and planning, as supposed to taking things day by day.

Ok, I am wrong. SPInvest played the cycle well and SSUK talked about it. But I was thinking about bigger operations, that involve serious costs with servers and employees/contractors.