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RE: Hive at a Breaking Point A Chain Losing Its Builders Not Just Its Price

in LeoFinance23 days ago

And you know what is worse? What brings income to HIVE? Who finances all the projects of the DHF? Who finances the curation? Investors.

There are no ads, there are no fees, there is no subscription, there are no costs, there is no business model attractive to drive value up.

The whole valuation of 50 million USD comes from people that bought HIVE because they speculated that it will go up and/or want more influence over the network by voting and doing more with their HP and/or want more curation, staking or witnessing rewards.

But the cold hard and IMO scary fact is that to finance it all we need people actually buying HIVE for themselves. I would be ok with ads that buy and burn HIVE and I would be ok with some subscriptions that buy and burn a portion of HIVE if that means a business model that drives value rather than depending 100% on investors.

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