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RE: 1000X: Why I Am So Committed To Leo

in LeoFinance2 years ago

But the question you need to be asking isn't where the money comes from. It's why the money that we're creating out of thin air has value?

Well to be honest i think it has value because it eats hive's lunch. i think hive whales just bankroll it from money earned on hive

Why are we so focused on making crypto something you spend on every day items?

That is not and never will be the role of HIVE or LEO

yes but the problem there then becomes then why even have a currency? Why not just have a decentralized social media site if that's not the goal to have a viable currency. Demand needs to come from urgency. The problem is you all are writers..That's niche and very specific So there is no sense of urgency to create the demand beyond a writers guild. so the currency is what brings the demand, especially if it can be universally utilized

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That's fair enough.

I'm just asking the questions that investors need to answer before blindly loading up.

Some may answer them differently to you though.

The important thing is that they have an answer before buying, or dumping like you.

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Yep, Hive is trapped in an echo chamber and lots of people don't understand why HIVE or LEO has has value.

Right now, there's no denying you're right about how small and niche the blogging aspect is.

But it's an extremely simple and most importantly scalable aspect of the business.

Like you said, I encourage people to DYOR, come to a conclusion from that and invest accordingly.

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