How Close Hive Is

▶️ Watch on 3Speak


There is a lot happening within the Hive ecosystem. What is fascinating is much of it is starting to come together.

In this video I discuss the different pieces that are starting to integrate with each other and how each can be leveraged to enhance other areas. This is the power of having things going in many different directions. At first it seems chaotic, then it gets expoential.


▶️ 3Speak



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12 comments
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I learned about this advance during the Robinhood scandal. More people should learn this stuff.

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Appreciate the work. Everything good on your end?

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Rather JP than Goldman, we'll see what will happen eventually. The big Ponzi wheels keep going around and around.

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Goldman Sachs coin! jeeze! No thanks!

I'll stick to building on HIVE for the next few years. Happy to be under the radar still.

It's great that all the businesses you mentioned are accepting HBD, but don't forget @v4vapp that allows us to pay at businesses that accept Bitcoin. We're harnessing the power of Bitcoin and lightning to give HIVE and HBD another use case.

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Summary:
In this video, Task talks about the advancements and potential of the Hive ecosystem. He expresses excitement about the progress of Hive, mentioning its decentralized infrastructure, applications, and gaming prospects. Task discusses the importance of liquidity in the financial industry, highlighting the role of financial institutions like Circle. He also touches on the potential acquisition of Circle and USDC by major financial players like JP Morgan or Goldman Sachs. Moreover, Task emphasizes the community-centric nature of Hive's development, contrasting it with profit-driven models. He mentions various projects within the Hive ecosystem, such as HBD, Sucre, Ragnarok, and LeoThreads, while discussing the interconnected growth in different areas. Task elaborates on the concept of using high bonds as collateral for loans, creating stablecoins like SHBD, and boosting the demand for Hive within the ecosystem. He concludes by highlighting the importance of understanding these interconnections for the circular economy within Hive.

Detailed Article:
Task delves into the progress and potential of the Hive ecosystem in his recent video. He begins by reflecting on his enjoyment of listening to discussions on CTT, where various individuals like Dan, Matt, and Brian of London share insights on different projects and developments within the Hive community. Task emphasizes the close-knit nature of the Hive community and how it propels the ecosystem forward.

One key point Task discusses is the significance of liquidity in the financial sector, using Circle as an example of a financial institution and the importance of timely access to funds. He speculates on the potential acquisition of Circle and USDC by major financial players like JP Morgan or Goldman Sachs, emphasizing the possible future implications for the crypto space.

Moreover, Task underscores the community-driven ethos of Hive's development, contrasting it with profit-oriented motives. He mentions various projects within the Hive ecosystem, such as HBD, Sucre, Ragnarok, LeoThreads, and high bonds, highlighting the diverse range of initiatives contributing to Hive's growth.

A significant focus of the discussion revolves around the concept of utilizing high bonds as collateral for loans to create stablecoins like SHBD, subsequently boosting the demand for Hive tokens within the ecosystem. Task outlines the potential impact of such initiatives on the demand for HBD and Hive tokens, emphasizing the interconnected nature of these developments for the circular economy within Hive.

In conclusion, Task leaves viewers with a call to pay attention to the intricate relationships and developments within the Hive ecosystem, highlighting how seemingly minor interactions can have substantial effects on the overall ecosystem. The video provides a comprehensive overview of the advancements and potential growth opportunities within the Hive community, painting a picture of a vibrant and innovative ecosystem with exciting prospects for the future.


Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.

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