RE: An Argument Against Bitcoin Maximalism and For Support of Altcoins and Alternative Blockchain Projects.
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I am no fan of maxi's because I do think they do a disservice to the space not because I think other cryptos are great I just believe if you care about a free market solution, you won't care about other cryptos you've picked your solution and if you're confident in it you won't have to preach or holla
99% of crypto projects are decentralised theatre and offer very little value for their market cap, I mean really let's be honest how many even in the top 10 are doing anything that the market needs. They're just a sign of the times, of experimentation and I get that, its money everyone wants to be in the game and become the best "money"
Bitcoin has one that race already, it solved the double-spend problem, it's to me the only network that is actually decentralised and it's hard cap/distribution model solves the problem we need of a measuring stick for value, both in and outside crypto.
I think the word crypto does a disservice, Bitcoin and crypto are 2 different things. for example, HIVE is a niche application, to me its more like equity in a company, where Bitcoin is more like a treasury bond, yes they both have value in the market but they do COMPLETELY different things.
All altcoins are to me is rehypothecation of the value of BTC and a potential promise that you can get Bitcoin for it.
To answer your questions I found STEEM through a friend I was blogging on Medium talking about crypto and he said to check out STEEM back in 2016 and I've been here ever since. I've onboarded about 8 people, only 1 uses it regularly
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I've had similar experiences with bringing new people to HIVE. It seems it's easy enough to bring people here, however, keeping them here or keeping them active is a whole other story. Any idea why the other 7 aren't active? Engagement? Low rewards?
This is another issue that fascinates me about HIVE. A lot of people blog for a month or two then leave or become inactive.
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