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RE: Zero HIVE

in HODL5 years ago

Great response man and thanks for elaborating. I respect your view so this is why I asked for your opinion on how you envision Hive going to $100. Coincidentally, others are talking about the relevance of RC now too and also making the comparison to ETH GAS.

See that was my point that if we flipped blockchains and this was happening on ETH then the gas fees would be RC and it would not be the same experience. So that's why I think and wonder.. if the price of HIVE goes up, and the userbase is also large, then wouldn't that mean that purchasing RC for a new project becomes expensive in the same way lots of transactions on ETH end up costing too much?

The solution, which is a hot topic, is to separate RC from the token and have the token exist as the asset and RC as the bandwidth which could even now be lent out for things such as mass on-boarding. That makes sense so I wonder why it didn't happen already. Obviously I have no clue how that would happen but it needs to happen. Making a community for instance requires RC that a new user doesn't have. That works against growth of the platform and leaves a bad taste since the game is essentially pay2play.

It kills the buzz of "Leave the greedy tech giants and choose blockchain."

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It kills the buzz of "Leave the greedy tech giants and choose blockchain."

I don't see how it does. There's no such thing as a free lunch - everything has its cost, and the better the product, relatively more.

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