RE: The Hidden Value Of The Hive Token
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Good points, but as a 22 year old, I see my friends warming up to crypto again. And believe me all they want to do is buy shitcoins. The don't even want to know the fundamentals. They know it's gambling but want the 100X.
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TronSteem will find a way to monetize rowdy gentleman. The more they party, the bigger the pump.
Agree, but I truly believe the higher Steem goes, the higher hive will go. It is extremely easy for the narrative to be "Steem is centralized, Hive is the decentralized Steem".
And this narrative will be much stronger than a premine or something, or the DAO hack for ETH, because it 100% provable and covered in stories, and there's no debate to have there. Justin stole funds, censored posts on a censorship proof platform, and has the ability to vote the witnesses as he wishes.
First of all, Hive doesn't decide if they are decentralized. The SEC does. Second of all I seriously doubt people will care or even know about the pre-existing conditions.
And also, Steem and Hive decoupling have began and every month become more and more uncorrelated.
I'm not saying investing in Hive was bad. I'm saying the circumstances has made it a tough hold. I even sold my Steem so I wouldn't be rekt. Screw the asshats that suggested otherwise.
What I'm confident in is that there is more innovation that will be coming out of TronSteem. Hive is the ok boomer chain.
SEC decides? SEC will decide that every coin they can sue is centralized. I'd like to see them sue hive. Who would it be?
However, it is very easy to sue Justin Sun and destroy steem.
You are not bullish.