Unsure, if the chain is lost or I am within it.
https://lucksacks.com/ There are a few regular games that take place there weekly. I have been fortunate to win a few HIVE playing too.
Starting off was a nightmare though. Understanding what was going on and why with my vote and rewards for posting kept eluding me. The advantages of Discord communications was not available to me then. Or at least was not seen by me, though I do expect there were a few channels out there.
I enrolled 10 other people through the use of their phone and email addresses. Just so I could get that extra bit of vote to my post. Only to keep falling below that 0.02 pay out level.
The value of HIVE kept dropping though. That 0.02 kept evading me. My conspiratorial mind kicked in and I knew that somewhere behind that green curtain. Someone is watching my account and this is all by design so I will have to deposit more and more. Logic told me though, I am too unknown and of little influence for anyone to be plotting against me.
One thing that kept nagging at the back of my mind. The ideology behind Crypto, removing the financial hold, a small minority hold over the majority. Changing the landscape of financial transactions and how wealth is generated. To me that seemed to be the most important aspect of Crypto.
At this point Crypto, regardless of which you like or think has the best investment opportunity. This is were Crypto falls apart. Not aiming to provide an alternative to the need to use FIAT. This is what will kill the independence of Crypto.
To be quite clear about this, there is no over night solution. Right now we do have the tools needed to build with. I see Hive as a unique opportunity. Yes, there are other alternatives out there too very similar to the Hive chain. They are in the same boat though. There are other rivals to Hive coming up that have greater financial backing than Hive has along with greater media coverage.
Looking at other chains to see what they are doing and try to do the same. Nah we are just duplicating. Those type of projects that will enable us to do the same things as other chains are projects we should be able to have a team of coders doing, as a basic standard of operations. Because of the support structure for the Hive blockchain we can generate, we can leave all other blockchains chasing us at a sprint to keep up with our casual pace.
A key feature of the Hive blockchain is the feeless transactions. As many as you like for very little in the account. The surprising thing is to use it we need to pay charges on every transaction just about. We need to do this by use of exchanges or transfers to Crypto-Cards, that then have a monthly fee to use.
On a good note, (although not the only one) mentioning the need for a direct transfer from a bank to Hive in the local servers and mention twice that Blocktrades replied to in conversation might have paid of some. Blocktrades has said now that he hopes to have Bank transfers available for the Blocktrades exchange by the end of the year. Fingers crossed for that.
Sometimes you need a JCB digger to plant an idea in these developers heads. When all you should need is a trowel. Obviously we do not want people spending from an exchange. But this will be a direct way to purchase HBD or HIVE depending on your reasons for the purchase. It will be the first step having an exchange integrated directly with the chain. A one stop movement to the chain. This can lead to the ability for a bank to be set up on Hive. A decentralised bank. Is that not part of the goals we should have in our sights.
Why does there seem to be very little thought about moving towards projects like that? Projects that in return. Promote back to the chain and strengthen the economy that runs on it.
Some intelligent design needs to be done on a supporting structure for Hive. This is the same for any Crypto out there. Without one, we simply do the work for others to take control over.
Something needs to change. Someone needs to be held accountable. Every time something goes wrong somewhere, a new division is created. Pro and anti get set up to go to battle. Both sides calling for funding from you again. On both sides funding gets misappropriated. A non profit that pays in salary more than double what it gives to assist other. A non profit that is by chance only there in name only and performs no actual function in some cases.
We can all agree that some changes are needed to parts of our society. We seem to disagree on how to make those changes though. Directions that can be taken or why they should. Instead of seeking out a big investor to the chain. Maybe the chain should invest big to itself.
Crypto Exchange:
Ionomy:
https://ionomy.com/en/aff/d0afaf8f56804ce181c5ef5db43d4a21
Bittrex:
https://bittrex.com/Account/Register?referralCode=DHH-RXK-11E
Crypto Card Visa Blockcard
https://dashboard.getblockcard.com/i/SMvuCfUG
Discord Servers
Bro SGN: https://discord.gg/W2pdeDa
Hive Block chain Server: https://discord.gg/QxbgScK
Games
Free to play:
One Arm Bandits: https://brosgn.net?ref=923
Poker: https://brosinopoker.com
Music game: https://www.risingstargame.com?referrer=thehive
Man, a direct/internal route from HIVE to fiat and back would be AMAZING! I think the biggest barrier would be the KYC...many Hivers are completely against it (although they could choose simply not to use the exchange).
The other big barrier is the time and expense to satisfy all the damn regulations...even if the bank is decentralized, there ultimately has to be an entity that interacts with the ACH or SWIFT system that will have to be a licensed money transmitter and a regulated exchange. Maybe a stablecoin might be an option, but then you’d need an exchange anyway. 🤔
!BEER
!ENGAGE
Comment 82/500
KYC to something like this would be OPT IN.
Maybe to legitimise anything that can be used as a currency KYC is needed.
Like your own, It would be a long term project. Something that can continue on. Regulation (internally of the project) control and how that control can be used I think are the biggest problems long term, If we build the powers that be to fight the powers that be. Do we become what we oppose?
I am sure through natural development HBD can function perfectly as a stable coin or a token used as a daily currency.
Take your own project. You get those panels up and returning something, You give a rebate in HBD to those who use the energy. You also accept the HBD as payment for the energy you provide.
Now you have given a value to the HBD.
If the price of HBD is valued above it's peg. People you give the rebate to will sell it for HIVE and use the HIVE to pay part of the energy bill. People put the down pressure on the token naturally. None of them will buy the token above 1 HBD peg because they can only get the peg value back when they pay for energy with it.
If the value goes below the PEG then people will buy it up because they can pay 95% of the peg and get back 100% of the value on redemption for energy. Establishing a peg value is not so difficult.
For us to do it, It would take up about 10 years or so for us to be able to have the beginning of a bank that is truly decentralised.
While it would be nice, I don't think it would be THAT big of a deal. Right now you can't convert to fiat internally but you can convert to many other cryptos internally using hive-engine. That works well enough for me right now anyway.
ENGAGEtokens.View or trade
BEER.Hey @thehive, here is a little bit of
BEERfrom @definethedollar for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.