Hehe, and do you think that would make them curious to find out how they too could collect those interests? Or more likely that they would not want to keep holding a token that is losing value in that way?
Knowing myself, if I don't understand it, and I don't want to hold it. But I do get curious of potential upsides (which is why I would focus on the opportunities Hive Power gives, rather than the opportunity cost being on exchanges impose). Just like you made me log into proofofbrain.io and try out leaving a reply there :)
It's possible it was bought on news of an unrelated company of the same name. Now, they are left holding the bag, and only the ones that realize the mistake are selling.
Seriously then:
Dear Hive trader,
cryptocurrencies in general is meant to be something of self-custody. Exchanges lose control of money and they are a great honey pot for hackers. By their nature they have to run a server for hackers to attack. It's not uncommon for money to be lost on an exchange. Hive is no exception. Get a Hive account today and take control of your own money.
As Hive power you can earn money curating content.
---------- END ----------
I think those with the money on exchanges are probably already whales here and are taking advantage of volatility of pairs of Hive with other currencies. So, I am not all on board with getting them to remove their Hive. It serves a purpose for those who wish to cash out.
Sorry for the late reply, got quite a few comments here. I think the self-custody argument is very good, and one that Bitcoiners commonly use to make more of their holders move their tokens to a secure wallet. There's even a whole business model for that in terms of support services helping people learn and set up what they need to move and control their own Bitcoins.
I think we could use something similar for Hive, alongside a solid pitch and guide for how to use staked tokens to participate in the many growing communities and dApps on the platform.
Edit: I also think the recent bull run will have brought in a lot of new HIVE token holders who have just need it gone up on the exchanges and bought some to sepcualte. All of these people are individuals we should try to convert to HIVE holders.
Okay, but how does that turn into a business? Telling people to self-custody their coins?
There are plenty of people willing to pay for assistance, learning and secure wallet solutions. https://unchained-capital.com Would be one perfect example of this.