You are viewing a single comment's thread from:

RE: KE Update: The Marky Edition!

in Finance and Economy13 days ago

This is a loaded question/comment.

Let me try and answer it and I will try not to impose too much of my personal bias.

First, to answer the last bit. I am an aware of those individuals and I support a few myself. However, there should be some semblance of sanity somewhere. I know a Venezuelan couple who struggles to make their ends meet and yet they manage to keep a reasonably good KE. It takes immense mental strength to achieve that when your kids are hungry! They said something to me, "it is after all our rainy-day funds too!"

I rest my case.

Second, yes we do want people to use hive. But at the same time if we only have extractors and no contributors then we have failed.

Let me know if I have addressed your questions.

Sort:  

Let me know if I have addressed your questions.

Yes, you have. As for the Venezuelan couple... they are correct. Hive is a way for them not only to earn money for the day-to-day, but also to salt some away in an economy where there is little opportunity to save money that has value. They remind me of my mother. We were poor, very very poor. Yet, somehow she saved. She would have held onto Hive also, if she had a chance :)