RE: The Sustainability Of HBD 20% Interest
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Thus, by 2072, going by this model, we will see the HBD supply grow to 57.9 billion.
That certainly is a big number. Or is it?
2072 is much bigger, probably even than the most of us. I mean it is not even sure that we will live to see this big number. If I will still live in 2072, then I will be 80 years old.
It is better to focus on real use cases, which we can use nowadays, or in the upcoming years, and not 50 years later. Of course some people think about their families, and they may open a HBD savings account for their child/children. I understand that. But the real use cases are still much more important than these big numbers.
How do we even know that the Hive blockchain (or even the human population) will still exist 50 years later? Anything could happen. It is better to focus on the present and on the near future. Live and enjoy life. Any day can be our last day on Earth.
At this point it is nearly impossible for anyone to shut down hive, it would have to be the result of an attack of some kind. I do believe that hive is more resistant to these attacks as a result of the hostile takeover of steem. I do understand the concern of the 20% interest, but the people that made the decision to increase the interest seem pretty confident about the resiliency at this point and they know more about this stuff than I do
From an operating standpoint, I agree. There are 100+ people running the software, all unrelated for the most part. Over time, we might even see more people running infrastructure.
This will only increase the resiliency.
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I love the way you're creating links through the leo glossary and using it as a tool...I will be setting myself up to do the same. Great work. !PIZZA !PGM
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Absolutely. It is a tool to optimize content on Leofinance as much as possible.
This has the potential to really put Leofinance and Hive in a different place with widespread community effort. I have the Main Menu for Leoglossary open and simply click on the link I want to get the URL to link.
At some point the search engines will catch on.
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Yeah, I totally see how to use it... it's really just a matter of keeping the main menu open and referring to it to create keywords in your posts. Simple but ingenious concept.
Over time as Hive continues to exist it gets stronger by the day, this alone excites me and very fortunate to be part of the community here. Being less than 3 years old it is way ahead of the parent chain STEEM.
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I absolutely agree, I love the hive community. I admit I do feel a little sheltered from the uncertainty and doubt other investors are facing.
It is possible for the Hive blockchain to outlive the human population as long as people keep the servers running.
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This is funny. Can the servers, the electricity, and the whole infrastructure run and maintain themselves? Probably not for long. But this is certainly an interesting question.
I’ve got an HBD savings account set up for my son! Been trying to drop at least 2 HBD a week in there for the last two months. Sometimes have been able to do more which is great. Going to enjoy watching it grow into the hundreds and thousands!
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