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RE: HIVE: Will it Ever Recover or Die in the Bear Market?

in LeoFinance11 months ago

Hive is a platform for Web3 development - a universal back end database for the decentralised internet.

Long term growth is created by new applications and uses that drives real demand for the HIVE token (for RC, voting rights etc).

Investment will follow usefulness.

Everything else is mindless speculation.

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You fundamentally misapprehend what Hive's unique value is.

It is NOT to become a blockchain Facebook, Twitter or Youtube. That ship sailed with the crypto ad ban.

It doesn't need mass adoption (and frankly I wouldn't want that mass of idiots on traditional social media to come here).

Hive's blogging and community aspects and its financial aspects are secondary to its unique role as a self-sustaining decentralised public database and notifications mechanism.
Its user base will grow as those use-cases grow.

Proof of Brain via rewards for content was only ever intended to widely and fairly spread the Hive token to create true decentralisation.

Splinterlands, eXode, PodPing and Keychain show the way to Hive's true future.

We don't need or want the morons of TikTok or other mindless "influencers" here.

We want more developers to discover what Hive offers them.

Good luck, most those have already seen Hive and said, "fuck that"! The masses don't give a shit about the tech, period. You ppl that think they do are why they aren't coming. You miss the whole point and don't understand basic psychology.

Hive doesn't want or need the masses. Psychology is irrelevant.

You simply don't understand what Hive is and where its future lies.

Read my full post.
https://peakd.com/hive/@apshamilton/hives-unique-value-the-trifecta

No, you don't want the masses. but many do, because they think it'll bring in investors, which in turn will increase the value of Hive. So, you can't really speak for Hive in general.