Where does the value of HIVE (the token) come from?

IF you are aware of cryptocurrency, then it would be easy to understand that from where the value of HIVE token came from. There are lots of articles and outlets about what is cryptocurrency on internet and there are so many video of YouTube about that so if you are beginner then search about it the it will be better to understand from where the value of token came from.

I hope if you are continued to read the blog then you have little bit knowledge about cryptocurrencies....
So now we can continue with our question that from where the value of token came from.

So let’s start with an example,

It is similar to stock market as you can buy stocks of tesla because you trust of tesla company. That is when you buy stocks of tesla you are believing that tesla company will do better in future and the price will increase in future.

Now if you have understood the above example then it is very much simple to understand that from where the value of hive token came from like stock market in crypto’s there is exchanges which offer the listing of token where you can trade the any token.

Bitcoin started the revolution of cryptocurrency and became the market leader and has value of store. As people have trust on bitcoin and buying it more and more

As bitcoin is getting popular, people started understanding the bitcoin and start buying the price will increase. This is economics of bitcoin.

Now, when it comes to hive then the value came from the core of hive blockchain as the adoption of hive increases the value will become more strong, sometimes an exchange listing boosts the price but the the time it all depends of the progress of the project. As community is the main thing on hive then you can also say that the value of hive came from the community.

I have tried my best to answer this in simple way hope you understand. This answer comes under @theycallmedan initiative #hivebasics if you haven’t understand my explanation then go find out there is more about this in the initiative & if you have better explanation then do participate in the initiative to help hive.