A lot of People are on Hive because they love the idea and concept of the chain; what it represents and the freedom it gives them.
The love of the tech makes investors come in, but you also need innovation and constant shipping to convince people that the tech can still compete with modern day innovations.
The problem in crypto is that a product or tech needs to convince holders almost all the time, and this is how you create believers.
While being an OG believer can have its advantages or disadvantages, I think in crypto a product must work hard enough to reward believers who has had enough conviction on the tech for long-term.
While I cannot write a single line of code, or be a DEV, I understand the market aspect of blockchain projects and the economic and financial implications of shipping mid innovations.
I understand that a product needs to pass a vote of confidence, and to do this. The DEVS needs to be working day and night, especially if they're getting paid.
Why not?
While it's limited in DEFI and smart contracts and not much innovation is being built on it, It'll continue to sell as the alpha crypto and the fact that that's where the money is.
No one is actually interested in the tech, they're interested in making short term and long-term gain and this is almost guaranteed. This is why we have the concept of BTC maximalism.
BTC maxis believes their bags will inevitably pump, it might dump in the short term, but they believe it's a safe haven for their money, especially if they're looking to buy low.
There are people who don't care about tech, just pump their bags when necessary, and of course it's futile to laugh at them when the price dips, they know they can actually buy more and gain more when the time comes.
The constant performance of a coin like BTC is how people can grow to love it, not from a place of tech, but because it constantly financially delivers.
As a project that's not BTC but gives people the principles and dynamics they want, you must make sure you constantly repay the faith of those that believes in the tech.
It's crazy to see that a lot of project after ETH and Solana haven't lived up to expectations, it's been constant rug pulls and DEVS scamming their communities.
Modern day crypto projects are mainly out to scam and not building anything meaningful. They just copy the same old thing and repeat the process and then rug pulls, comes back a few years later to build the same scam and this is why people are running to save havens like ETH, HYPE, SOL & BTC.
If we actually decide to work hard enough (HIVE) we can actually be a save haven for people truly looking for a space where they can make money while enjoying the experience of the tech. We can be that place, we used to be, but lately there's been a lot of loss of confidence, and this can only be corrected by fixing a lot of things here.
The likes of blocktrades and co has to stop funding cash grabs masquerading as proposals. Some of these 500/day proposals should cost nothing less than 20 HBD a day.
Some of these Ghanaian well should not cost more than 2k HBD per one. The people in charge of these well should be jailed for cheating the chain, and basically I feel return proposals should be a thing.
We should make it a habit to publicly shame those who wants to cheat the chain while shipping nothing, reduce the HBD APR and take it to 5-8% and let the haircut do its duty, burn a lot of rogue HBD by sending it null.
I think even a clueless person like me understands this, then why does the professionals don't?
