The digital world operates like none other. It is exponential to a degree unlike anything in the physicial world. That is why companies like Amazon and Facebook could experience such rapid growth.
In this video I discuss the idea of Hive as a nation along with how economic output required money. All of this is possible with crytpocurrency and blockchain.
▶️ 3Speak
There are companies which, if they want growth, must open up much more to the cryptographic world and especially Hive, so the more the investment is made, the return will be interesting
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Very well, smart contracts allow a project to get the value for what its really worth in return just like 3speak.
.... as against youtube where the user is basically used to earn money and the creators get just a cut from it.
Like you mentioned, Amazon and Facebook, tapped well into technology for them to amass their growth.
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Smart contracts
Technology
Money
Web 3.0 is a powerful model. It is changing the data structure along with the ownership model.
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I think that decentralized nations are going to eventually be a thing. I hope that we can figure out ways to achieve this as well as other ways to get the things that we need alongside it like decentralized protection and all that. It’s certainly interesting to think about!
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Decentralization is important. However, it is vital that we understand the foundation of distributed ledger technology and what it brings to Hive.
This is something that I think most overlook. It is not a ledger like a bank which Bitcoin. Instead it is more like Medium or Facebook.
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