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RE: Raoul Pal Talks About Hive (He Just Didn't Know It)

in LeoFinance4 years ago

There is also the secound part of his quote, that I think is hopefully not correct for the future:

That by definition will create tribalism because everybody’s now incentivized for their network to go up more than the other network and for all other networks to fail.
Hopefully it is not required to act upon and hope that other networks have to fail, because more profit is in the cooperation. The main thing is that people are tied to a platform with a minimum of loyality. The value of the tokens is tied to that. As long as a group of people is willing to but effort into it, there is a value. I really think this will get the first mover advantage of LEO longterm. Bringing a lot of people ( a lot possibly excluded from the current financial system) to crypto, rewarding them for their work and treating them equal to everybody else, will hopefully induce a lot of loyality. Being the teaching platform for the next economic model, will have its effect...

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He is overlooked cross chain interoperability.

But then again, he comes at things from a Bitcoin perspective where maximalism is the strongest.

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