Lovely Analysis!!
I did not know all this, users are powering up for Splinderlands, and then there is going to be less HIVE around to purchase with demand creaded for it with all this Blockchain twitter by Leo Finance, and SIP by 3speaks.
This sounds good for HIVE users. Having more HP would be advantage in future and when we accumulate it, we can be well off tommorow. Nice.
Genrally, there is talk of ETH and BTC supply schock, now that might apply to HIVE?
But does HIVE have a fixed supply, what's its supply and inflation etc, they generally discuss all this in tokenomics, what you highlighted here is HIVE's fundamental reasons to rise, if it's complemented with its tokenomics it would be better I feel.
Hive is inflationary which is needed. As we can see, if growth takes place, we will see higher demand. Hence we need more Hive to provide more RCs.
The rate is like 7.5% or 8% at this point but goes down every 250K blocks (I think it is .25% each time).
So it is disinflationary, reducing the amount produced over time.
The fact that it is needed to interact with the Blockchain is going to push up the demand. It is a built in sink.
Posted Using LeoFinance Beta