Short Video Clip from @HiveFest Web3 Event with @crimsonclad @chrisrice & @dbuzz
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Transcript: That's really interesting And I'm trying to remember we were talking about it a little bit yesterday I think @DisregardFiat brought it up because that's a really interesting thing Now we're of an age where we remember like LimeWire Kazaa Napster and he brought this up too You had to trust back then There was no verify only trust And it would be like a 50% to like 20% chance that you were getting the song you thought you were And everything else was like oh my computer is nuked Oop that's a Trojan Oop like antivirus warning goes off So one of the things that I think would be really interesting is Hive obviously has sort of a feedback mechanism in that we know each other Reputation is something that we keep an eye on And even though I may not know you as Chris here's your government ID I know you as @ChrisRice I know what you've built on chain I know who your friends are So for you to post or share a torrent I know it's very unlikely that you're going to share something malicious because it affects your whole reputation So that's a really interesting direction to move in on Hive because one of the biggest things that we do have is all of the sort of incentives that come along with having a reputation and how that could change the way that we approach like torrents or storing files The way that users at Hive monetize their reputation not only financially but in many other ways even in terms of enjoyment It's monetizing enjoyment But this is no different from traditional business It's not the cheapest product that makes money It's the brand.
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***Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. Always Do Your Own Research!
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