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RE: Follow Friday: What are you proposing?

in #hive7 days ago

So what's the alternative to going up? As it stands it may not be viable for some projects to continue as people have to pay their bills. Some have invested years and a lot of money. I've put some money in and so may be running at a loss overall. I can survive that and Hive matters more to me than just money. I have not found a community like this anywhere else.

We've failed at so many things and it's not just the DHF or proposals or marketing. Even the name may have held us back as some have pointed out. I am not a marketing guy and not that into finance, but I like the people and the technology of Hive.

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Right now as we keep reaching all time lows I think it is a mistake to think "how can we go up"

We have a bad economy, bad marketing and bad branding, as you recognize. Trying yo go up is either one of two things

  1. more people buying Hive
  2. Hive getting a business usecase

Number 2 is something we have not achieved in 10 years, we won't achieve that soon in our worst economic crisis to date.

Number 1 is immoral, we would need to convince people to buy into a bad investment to go up, that is not solving any problem, that is playing a game of musical chairs and hoping someone else carries our bags.

Because of that what we need to think is how to stop going down and stop making things worse. Somehow we need to show we are stable as a community, show that people stopped leaving and our economic condition stopped getting worse.

Easier said than done but aiming for growth or upside right now is a mistake, that is gambling and gambling is loss. We need to look for stability and avoiding more downsides.

Once we are stable and only then we will be able to build businesses and attract investors without fooling anyone and without gambling.

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