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RE: Hive: A Resource Credit Crunch In 2021-2022

in LeoFinance3 years ago

I think those who were lucky enough to claim account creation tokens realy hit a jackpot. A fast growing social media chain could be having 1 million new accounts created per day. Correct me if I'm wrong; if you pay 3 Hive to make an account that fee is burnt. That's even less supply to satisfy the Hive demand. Those who had more than enough RC will be basically mining accounts for extra passive income.

I'm a big fan of this overall trend of HODL for rewards/services instead of paying someone fees for something. Crypto.com VISA card actually gives 8% cashback on your purchases if you stake $180,012.50 worth CRO (their equivalent of Hive) There's even a DeFi platform. Imagine https://hivepay.io could expand beyond merchants and 171 fiat currencies and go straight for a crypto debit card. Possibilities are huuuge for Hive.

https://leofinance.io/hive-167922/@d-zero/would-you-like-to-get-paid-usd8-for-every-usd100-you-spend-by-having-usd180-012-50-in-the-bank

I have ZERO worries about Hive price for future. I beleive Hive could go up X1000 (A Mere $118 per Hive) That's still less than current marketcap of ETH. Based on @coingecko stats ETH is 50 billion USD marketcap. $118 Hive would be 43.8 billion USD.

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