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RE: Are we becoming a FAUCET blockchain?

in HODL4 years ago

I would agree we are still a faucet, hence the price of the token, there is more need to sell by people who try to earn, then those trying to buy to use the network. However, we are closing the Loop with things like LEO, they bring in outside capital from ads to put buy pressure on the token, they have various taxes and fees,

What also needs to happen to close the loop is e-commerce, as more people accept HIVE straight for their business then you don't need to sell it you can buy what you want direct and keep recycling the currency.

It will come wiht time, as BTC moves higher it brings everything with it eventually, as that happens more users take note of the 'easiest' way to earn and they come flocking.

Posted Using LeoFinance Beta

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