You ever get the feeling that things are starting to fall into place. I have that feeling in a major way. Simply put, I feel we can now see a lot of light at the end of the tunnel.
In this video I discuss how the message Hive has to deliver is changing as the public starts to wake up to what we have been saying for years. It is now getting to the point where the aspect of Web 3.0 is about control and not as much about monetization. The primary focus is shifting meaning we are able to offer a "better mousetrap" even without delving into the tokenization area.
▶️ 3Speak
Completely true. The Wallstreet bets community proved the politicians and media's true face to the general public. Nobody is going to have any sympathy for Wallstreet banks and hedge funds. When the censorship occurred, it brang the entire Twitter and social media backlash back into both the news and social media platforms.
I saw some proof from some active Wallstreet bets members about how their front page has threads saying to avoid the silver short squeeze because they aren't part of it. So it is just another double faced lie by the banks and media.
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I can't wait to hear your report on the report about the report. It does sound like you are very intrigued with it though. I do agree that we need some other things like more games and dapps to keep growing Hive. It's good to know some are on the way like the new 3speak and project blank.
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BEER.Yeah. Things are shaping up and it's quite evidenced on Twitter where some strategic are getting interested in what they once termed nuisance. They've seen how resolute we are telling them how Hive houses everything.
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I totally agree with you. Both on the risks of centralized social media, soon with a financial component, and on the perspectives of Hive.
There's at least one element that makes me believe Hive will become relevant at a larger scale, even if it lingered around the ATL levels for months, being ignored.
Leo has exploded and I believe we all think the microblogging app has a much bigger potential audience, some of which may try the other products of Leo and possibly Hive.
LeoFi rides the wave of defi and will very likely bring fresh funds in the ecosystem, and that's what we need to flourish, don't we?
The scarcity of resource credits will eventually push the price of Hive up, if nothing else does before then.
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This is an awesome time for DeFi. Even Mark Cuban is Tweeeting about DeFi
He should be starting his AMA soon:
I covered more stuff here Tl;dr is support Hive DeFi. Mainstream spotlight will be soon upon us. We need to be ready with the tech and good UI when that happens.
Summary:
In this video, Task discusses the current state of the crypto market, highlighting recent events like the Wall Street bets situation and the importance of censorship resistance and owning one's keys. He emphasizes the significance of decentralized social media platforms like Hive, Leo Finance, and 3Speak to combat censorship and protect users' assets from control by tech giants like Facebook and Twitter. Task stresses the merging of finance and social media industries, illustrating the danger of platforms like Facebook locking users out and the potential of decentralized platforms like Hive to offer social media representation and financial capabilities while safeguarding users' data and assets.
Detailed Article:
Task starts by expressing his view that things are finally falling into place, especially for the crypto space. He notes how recent events, particularly the Wall Street bets saga, have brought attention to the need for censorship resistance and owning one's keys, concepts that were previously overlooked by the masses. He mentions that the actions of big tech companies have made it clear where they stand, sparking interest in decentralized platforms that offer more control and protection to users.
The discussion shifts towards the development of decentralized social media platforms like Hive, Leo Finance, and 3Speak. Task highlights how these platforms are mirroring traditional social media apps like Reddit, Twitter, and YouTube, providing users with similar functionalities while ensuring censorship resistance and data protection. He notes the potential for decentralized video storage and discusses how these platforms offer a safer alternative to traditional social media where users' data and assets are at risk of being controlled or seized.
Task delves into the significance of Hive in bridging the gap between finance and social media. He warns against the dangers of platforms like Facebook, where users can lose access to their digital assets if their accounts are suspended or closed. On the contrary, decentralized platforms like Hive offer users the ability to engage in social media activities while also accessing financial services, all without the risk of losing their data or assets.
The conversation extends to projects like Leo Finance, which are integrating decentralized finance (DeFi) capabilities into their social media platforms. Task mentions the need for more applications and tribes to adopt this integrated approach to propel Hive forward. He emphasizes that the future success of Hive lies in offering a comprehensive ecosystem that blends blogging, gaming, DeFi, and social media functionalities seamlessly.
Task concludes by hinting at a promising opportunity related to gaming on Hive and its implications in the evolving metaverse landscape. He promises to explore this further and provide a detailed report in the near future. Overall, Task's discussion underscores the growing importance of decentralized platforms in safeguarding users' data, assets, and financial independence in an increasingly interconnected digital world.