RE: Our Thoughts on the HIVE Price | $1B Market Cap Justified, is $50B Possible?
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To get to $50bn I think Hive needs to become the next Facebook. There needs to be some way of generating advertising revenue like Facebook does and use that to support the value of the coin. One thing that Facebook has that Hive doesn't is privacy. Whilst you might question the intentions of Facebook Inc. Its users can choose who sees their content. Perhaps once a public blockchain cracks that nut with day encryption we could perhaps see broader takeup
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it will never be the next facebook, but the play to earn model lends itself to the blog to earn model. The sheeple will need to do what ever they can to earn crypto. Blogging on hive will be one of many things people will be doing. South Korea is absolutely all over crypto right now. Most of the volume throughout the world is coming from SK on many things. They like Hive which is great.
Great point about SK. They tend to be technical innovators and are often earlt trend setters for mass adoption of next generation technology. We have a very interesting couple of yeard coming up and Hive is very well placed.