You are viewing a single comment's thread from:

RE: Bitcoin Coming To Hive

in LeoFinance9 months ago

Agree with adding usdt, but btc is censorship resistant. Usdt’s backing assets are held and registered in regulatable jurisdictions. It’s a huge risk.

Btc as an exit liquidity layer is a gift from the universe. The system has not seen how much it shoots itself in the foot by embracing btc.

We just use btc as exit liquidity layer to fiat until there are enough hive and community tokens everywhere where we created circular economies.

Once that is complete we have a true separate, alternative economy that cannot be KYC’d.

The decentralised bridge to btc is essential to this.

No other chain can distribute like hive. All other chains distribute via mining rewards or defi. Plus they are made with icos that give regulatable VC the control over those eco systems.

Hive stands alone in its ability to distribute and without no VC. A decentralised btc bridge gives us protection liquidity until distribution is complete