I've said for a long time that Hive (and Steem before it) has the best technology in crypto. I've also said that the tokenomics are terrible. And we can see the history of the price relative to other cryptos to see that is the case.
DeFi has come along and blown up over the last few months and has created a way to actually generate real income from crypto. I'm using the same kind of approach in my own life and my own businesses to add yield to otherwise idle money.
So I see the DHF proposal (https://peakd.com/me/proposals/157 - go vote for it now!) as a way to at least bring some kind of external value into the hive ecosystem.
To me, that is the Hive whale's biggest failure, they are too focused on buidling, buidling, buidling in some sort of quixotic buidl-it-and-they-will-come quest and not focused enough on bring some kind of demographic into Hive.
Super solid question.
edit: also , subscribe to the community you knob head!😀
This is a harder question that it sounds like.
I've said for a long time that Hive (and Steem before it) has the best technology in crypto. I've also said that the tokenomics are terrible. And we can see the history of the price relative to other cryptos to see that is the case.
DeFi has come along and blown up over the last few months and has created a way to actually generate real income from crypto. I'm using the same kind of approach in my own life and my own businesses to add yield to otherwise idle money.
So I see the DHF proposal (https://peakd.com/me/proposals/157 - go vote for it now!) as a way to at least bring some kind of external value into the hive ecosystem.
To me, that is the Hive whale's biggest failure, they are too focused on buidling, buidling, buidling in some sort of quixotic buidl-it-and-they-will-come quest and not focused enough on bring some kind of demographic into Hive.