Now you're using your brain. Everyone on Hive should have been saying that and joining because bitcoin myk is meant to be spent.. ubi is meant to be spent for stimulus and use. That's what use a currency serves. It's not a speculative device. What's wrong with speculative devices?
Okay let's say i go buy a lambo with hive today. The price of Hive increases by 70% overnite. Okay now your lambo just cost you 70% more. This is why i say hive people are dumb because bitcoin myk can bring in like 2.5 billion people and hive can't.
Okay let's see how smart you are. Next question. You buy the hive which is fine i don't care what people do with their bitcoin myk it's meant to be spent not held that makes it useful. My question is you buy the hive.. okay what is it that you do with the hive after you buy it?
What can you go buy with it? As nobody takes it really.. like you can't go walk in a car dealership and purchase your ferrari with hive. So back to bitcoin myk if everyone comes in to get it free what happens next? Well everyone has a wallet in the network. Now you can do global remittance and as everyone wants to use that wallet.. " he with teh most wallets wins right" in the end.
So then you're using hive for speculation but the problem with that is you never going to get more than a few million accounts. bitcoin myk can get billions and the selling pressure and the network growth similar to bitcoin stabilizes the prices. So now it's useful. Similar to what happened to bitcoin. Now i still think bitcoin sucks my next post may underline why and all the big names as well that thinks it sucks.
However look at the stability of bitcoin versus hive and the other coins. HIve has absolutely no use to anybody outside the blogs.. So that means i gotta be a writer pretty much.. okay what if i'm not a writer.. We got this project blank thing you guys hoping for but the reason it will fail is because social media meant to be free and grow.
It's not going to be successful if you can buy influence. Thats a very surface level approach to a problem they don't understand which is why every clone dpos has done has failed.. we've already cloned twitter, youtube, facebook reddit.. they all pretty much failed because of that very reason.
So the incentive to join us is the citizens dividend and the fact everyone knows social media should be free. Currencies are useful store of value is not.. which is why gold is not accepted anyplace. you give someone a gold bar they'll walk around town like an idiot. it trades less than currencies like the usd and eur is utterly useless for the most part to most people
However, if you don't understand basic economics like that. Of course you guys will keep making mistakes and failing and being a 200 place coin. You don't have the knowledge to figure this out that's why... not an insult it's just the truth. Anyway enjoy it that's the purpose everyone should be joining why everyone in such a hurry to get scammed in pyramid schemes when they can pick up free tokens and use them. free means exponential upside potential.. Don't be idiots hive people i guess celsius and terra luna and the countless billions you all have loss is not enough lol
The thing about you edicted you trying to protect your stack but you're simultaneously hurting it because the prices will continue to fall you not going to be able to find the buyers soon.
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