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RE: Market Shaming as Stakeholders Sell (and the Inverse Perspective)

in Proof of Brain4 years ago (edited)

Yeah, people need to understand it's the market that gives the token value. Any value extracted is coming from the market, not the platform. They'll figure it out eventually. Venezuelans aren't extracting value from the HIVE blockchain. They're extracting value from people in the marketplace that see merit in the platform, and each time this is done, it signals the market that our token and platform is alive and vibrant. However, we have got to make those new investors feel welcomed when they get here. If we treat new investors like you say people speak about Venezuelans, that won't make people feel welcome, nor will it make them feel good about their investment.

Something like that would, in turn, send negative signals to the market about the quality of our product. We are all the customers, and we'd do well to treat people with care and respect. And you're right; The worm is turning, and the entire globe is staring down the barrel of what might be a terrible form of poverty similar to what Venezuela is enduring. Pay no mind to the idiots, and you do what you have to for yourself. That is how the market builds from the ground up. Myriads of people making subjective and self-interested life and business decisions. So long as there's a buyer to buy and a seller to sell, the market is happy, and anyone not part of that trade ought to mind their business.