Hive Five Years From Now

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Well, we can't predict the future. And talking of the cryptocurrencies, they are very unpredictable. But at the same time there are certain indicators that help you build your trust and make you feel hopeful.

If I am investing in a crypto project that doesn't represent any value, then I may be playing stupid. If I am investing in some sort of a meme coin, then I am responsible for it in case of any losses.

Talking of Hive, I am fully convinced that the community behind it, is what going to make it thrive. Therefore, I always say we need to have hardcore hivians who stand by it through thick and thin.

Now, you might say, well that sounds stupid. But this is what Hive should be relying on.

How many of crypto projects may have failed because of losing community trust?

The whole concept of the crypto industry is build upon decentralization, meaning that the powers should only rest with the users with no central authority. That is what makes a community. This community then takes the project as their own business and try to make efforts in making a crypto flourish as they have stake involved.

Why projects around the globe are pouring millions of dollars and serious manpower for the development and sustaining their communities that are valuable? They know that among the fierce competition, if they have to survive and thrive, it is not possible without the community.

Have you thought of Hive five years from now? Have you thought of Hive gets to around $10? How could it have an impact on our lives? I mean, it's unimaginable frankly. Hive getting to $10 means that even a small user on Hive would be able to earn a fair amount of money.

I was reading a post by @geekgirl about Hive Decentralize Standards And Journey To Power Web3 With Scalability where she mentioned:

Let's say the network growth cause Hive prices to go up to $10. This would increase revenue from producing blocks for Hive top witnesses to about $90,000 per month.

That was really an astonishing thing for me to see. I mean if Hive could make it to $100 then what the impact of it could be on their earnings. That really has made me thinking of becoming a Hive witness :D But as I don't have a technical knowledge, I feel like I can't be a witness :/

Anyway, the point is, all this could be possible with the support of the community and if we as a Hive community stood strong, we could make it happen.

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Who knows where the price ends up. I think there have been improvements, but we could still make it easier for people to stay and for people to want to participate.

Many are not authors and don't want to write long form, essay style posts, but they now can play games or comment..

Still we have to continue to make it FUN and not work if we want a highly competitive social economic society.

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Exactly.
This is what our focus, should be.
I saw posts of @xplosive being downvoted by some whales and the reason they give is that he is posting a lot saying they also are low quality. I mean that in other words is censorship.
As you said, we should have a focus over Reddit, Facebook, Twitter etc type stuff and this is what I also endorse.

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It cracks me up when I see that group trying to stop engagement and traffic on sites that require people to need RCs to post. Yet, that's the pain and beauty of decentralization.

I can disagree or agree, but in the end in DPOS it's the stake that is the tie breaker.

I find it best just to avoid those who are caught up in that struggle it's the same 12 people all of the time. Let's just make the encouraging voices louder.

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(Edited)

The RC system is one of our best inventions . It's incredible. Those who deserve to have RC do. And people upvote them. I've yet to see someone lacking communication and ability to speak freely due to RC credits .

Edit: if the stake is the tie breaker;

Specifically what about stake is bad/wrong/broken and how can we modify change and or remove stake to better hive economic/governance/communication? (links to all three?)

I think we could have a visual stake system more than a number based.

Convert the word stake into light. How much light do you have in hive

(00000077000000) would be different than. (0000000000836399000000000)

Text value would show one and the user would literally see an orb of light / hues / size , in perspective of the systems they are connecting with. Be it economic, governance , or communication . Bad light or color , maybe , would prevent bad economic connections.

Not completely moving hive not away from crypto values and dollars as it can be layered on top of HBD and the other systems involved . Lightwave/Color Economics adds to theses systems

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I also like the RCs system. My point was as people need more RCs they need Hive. If you aren't selling to the end user, and Hive isn't really, they are wanting the apps to market. Then you are selling RCs and that requires traffic.

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Its hard to imagine hive not growing. If dollars explode and become worthless then it won't be worth 100usd but something else though correct?

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Talking of Hive, I am fully convinced that the community behind it, is what going to make it thrive.

This is the key. Voice.com spent $30 for the URL name alone to build a blogging site. It was sorta D.O.A. Then, after about a year, they did an about-face, erased all that that been blogged, then made it into an NFT site (which has potential in my view).

There are lots of very smart blockchains. The community aspect is Hive's #1 asset.

!LUV

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