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RE: POB Part 4: Graphene vs Condenser + Databases

in #pob5 years ago

Yep exactly. That was the whole point of this and same with bitcoin. There is no SPS/DAO for bitcoin. If you believe in it you acquire stake and then build to increase that value over time. I see a worrying trend with HIVE already and if it continues it has me seriously considering selling my position here as we can't keep pulling the amount of money we are out of HIVE at the current life cycle of the project and expect it to last very long...

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At the same time I think we have to put this money into perspective. The DHF only accounts for 10% of our total inflation, and our inflation accounts for less than 10% the total amount of coins in circulation. In my view it is really only the ninjamine we need to worry about, and even that can only be spent once.

Doubling the value of Hive would pretty much negate any kind of bad fund allocations, and I don't think it will be very hard to double the value of Hive. Bitcoin does it every year.