I was just reading an article that talked about activity statistics by nationality on the Hive chain. It is interesting to note that the some of the most active communities were Venezuela, Nigeria and recently, Ukraine. One of the commonalities from these countries were the economic instability currently bedeviling them. Venezuela has been battling years of hyper inflation while Nigeria has had issues with high inflation and unemployment. Of course we all know what Ukraine is currently facing.

I see it as a positive that Hive is able to come through for citizens in these various locations for several reasons. The first is that it has proved its social value as well as global reach even in times of distress. Using regular social media can only get you so far, and just how many can act as a store of value if things go south? This concept will have its importance play out more in the future and the chain will continue to play a prominent role.

Beyond social proof, it also serves as a very good marketing strategy. One thing it shows is its reach and accessibility that should interest investors for more long term analysis. If I were to be an investor, I would consider the potential impact of crypto thriving in these active regions, and perhaps gaining regulatory support and recognition.

From a more general angle, who hasn't turned to Hive in a financial fix? Well there are people but even the psychological relief of having an asset stored somewhere is quite relieving. When you then consider the potential that asset could become, there is all the more reason to be optimistic about the future.

I am also thinking about the financial advantages to having Hive in distressed regions. For instance, one can easily send funds to a region in turmoil if the receiver has a Hive account. This means such funds can get there fast and do what is expected. Using conventional money transfer companies for instance can be a slow and tedious process. The financial innovation on the Hive chain really needs to be better appreciated.

Conclusion

At the end of the day, we all are going to see a reason to invest in crypto. Hive as a platform fits recommendations for almost all potential reasons one can imagine. A stable, innovative asset with solid long term potential. It is one financial asset I strongly believe will come through for me in the future.