1/ 🧵
How do we get #hbd used? What is a use case that could create a large amount of economic activity tied to the currency?
1/ 🧵
How do we get #hbd used? What is a use case that could create a large amount of economic activity tied to the currency?
What is NFL betting pool??
A community betting pool for the 2023 NFL season.
2/ Gambling is huge business, estimated to be at $250 billion per year. This is a global figure and includes only that which goes through casinos and apps, Who knows how much more is done with direct wagers.
3/ The point is we have a base layer coin, HBD, that we can build around. This is something very valuable. If we incorporate it into activities, it makes the entire ecosystem more valuable.
4/ For this we need to build economic activity around the currency. Gambling is a great way to do this. It is simple, something most understand.
5/ It also incentivizes people to hold the currency liquid, something that is a concern to many people with HBD being debt.
To read full article:
https://leofinance.io/@taskmaster4450/powerful-hbd-utility-gambling
We need people using HBD to buy goods. A Hive Ebay, which I believe exists, but there lacks a variety of goods to matter
Agreed 100% .
If we incorporate $HBD into activities, it makes the entire ecosystem more valuable.
i just read this post. Awesome. Cannot wait for smart contracts. Hive just keeps building.
HBD should be listed in more exchanges