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RE: LeoFinance announces they will be making LEO liquidity providers whole!

in LeoFinance4 years ago

let me just put in a couple of Zero's here and all's better.

How many people are in charge of LeoTribe? Still just one, central figure that benevolently decides all by their lonesome what to do, how to do it etc? Must me noice.

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LEO is more centralized than HIVE for sure, but look how well HIVE has done these past few months. In many circumstances having more centralization can be a good thing, especially when running a company. On that note, I'd be willing to bet LEO's returns over the next 6 months best HIVE's.

The price of the cryptocurrency in this instance is a direct reflection of how well the LeoFinance website is doing, which is a company. As it generates revenue, it buys up LEO on the open market, pushing the price higher. if the company is run by hundreds or thousands of individuals, nothing will ever get done, which is the major drawback of decentralization in any realm.