11:00 A monkey picking another monkey's eyelid will throw anybody off, but your energy does not get thrown off.
Marketing - What's Hive niche?
21:50 HIVE already has great utility as it is. It works very well for sending and receiving value, but people want to move the magic internet money that they know (Dash, LTC, Bitcoin...) All of which have larger and more recognized brands than HIVE.
With @vsc.network it's going to be possible to position hive as a chain-agnostic, underlying protocol that lets you move money freely. Got a nice upvote? Withdraw BTC.
Decentralization:
When it comes to decentralization, HIVE is moving in the right direction, but we need, at the very least, ~300 orcas with 100,000 HP each with varying opinions, willing to vote on DHF and governance. We don't have to agree, but we need a larger, active middle class. LTC's founder, Charlie Lee, also sold a large part of his coins which he mined fairly just so he didn't remain a large stakeholder. Could we talk to some large whales to do an OTC deal with the community in the name of decentralization?
Skin in the game 38:40
You talk about people not having to buy $HIVE and $HBD; they can earn in. This is true, but isn't it also true that having skin in the game also makes you a hard-core, committed Hivean?
Good to hear your voice and thoughts again, Dan.
I think Hive is more distrubted then we think, in terms of utility. Many countries maynot have orcas or whales, but they have users. Most of the world will not have reasonable stake, at least not at first. For being as "under the radar" as we are, we have a strong distrbution than we can use as a solid foundation. As the cracks in the legacy system show more and more, people will have no choice but to use crypto as value/communication rails. Hive has not f'd around at all, we are more than prepared to handle the gaps that are ahead. Destination is clear, we need to keep pushing. Whales, as utility/price grows will naturally sell off stake, me, since I've been here have lost stake because I've invested in so many different projects, I actually had more Hive 4 years ago than today. Whales tend to over spend on the chain, (my projects alone well over six figures that I won't recoup, nor do I want to, I want it for the good of Hive) So I believe, rep, what you do, how you do it, all this is "stake" - in the vid I said there are people higher than me in the witness ranks yet hold less stake, as it should be. Anyone on Hive as the opp to rise, stake or no stake. Cheers for your input, always a good convo
Thanks for taking the time to reply, Dan!
It's always great picking your brain.