RE: Hive Demand! Where Does The Demand for Hive Comes From? Creating a Buy Pressure
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It's a great mental exercise we have all went through being on here since 2016.
The answers are plain as day and have been presented over and over but it won't ever happen for a chain like HIVE Unfortunately.
There has to be ads to provide multiple revenue streams. Most of the frontends and the community in general is strangely anti advertisement. They won't accept the reality of the situation. It is kind of like Wikipedia not having ads but then having to beg for donations each year after putting all the competition with a sustainable model out of business.
Secondly the reason these chains have never been marketed properly is because stuff like the DOA ends up going to the witnesses and friends.
The chain isn't built in a way to actually grow and be promoted to be something big. It is just built to be a whale wrestling match / echo chamber where the whales take up large stake and try to passively earn and not get burned doing so. Most of them find out overtime that their money would have been better off in chains that hold their price against Bitcoin better.
I really want HIVE to be something but I don't feel like there will be much improvement with it.
Thanks for the comment!
Nobody is stopping anyone to built something with a reasonable businesses model.
Anyone can build app, web or mobile and implement its tokenomics with ads (built value around his token) or even more, and just use Hive as a secure text storage and its current userbase.
Its true the few whales can control witnesses and the dao, but that is also not for eternity. A big player can come up, buy stake and challenge the status quo. (just not in a way sun did it :).
Nobody is in full control around here that is for sure, although some have more influence then others. Will see how it goes.