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RE: RE: Doing some Maths
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RE: Doing some Maths

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Elon paying around $192 per account was a steal. So this is where you all on this platform have a very low iq. So let me help shed some light as i don't do these comments to show you edicted you already too far gone. you're the guy who would rather dump toxic waste in my backyard to save on a $10k dumping fee. So i know how your story ends.

So twitter users are probably twice as much as that.. However let's look at some stats. From a clearly social perspective those accounts are worth maybe twice that amount. However if you add banking to that the number per account can increase upwards to $4000 per account. Those aren't my stats. Those are geo stats based on an average of value from the banking industry products etc.,

So here's where your brains atrophy. So Elon musk can reach valuations like that because he can attract billions of users to twitter easily. The value of the user base is relational to the value of the product.

The quesiton then becomes if this is true then how is it that hive would be able to draw enough users to create significant value. The answer is it can't simply because of the internal structure that is based on a paid service.

You see einsteins you can't reach exponential growth levels on paid services. In many cases the way crypto is arranged you can't even break 5 million users. That's why mnost crypto projects with the exception of maybe ethereum and bitcoin can even reach over 10 million users and without the growth and users where do you find the money.

You don't you can only drain the pool and never get new users because you're charging them way too much money. So twitter can get them based on a first round freemium service model that over time allows it to gain more value. Although i wouldn't consider twitter a capitalist business but a social company.

There is a big difference. See i found out a long time ago. That social cryptos will outpace your greed capitalist biz model. Yes in the short term you all win and leave behind whoever until they get tired then you gotta try to suck the money out before the gig is up

However, lol... if a social company turns it's accounts into bank accounts. THen the value rises tremendously. However cryptocurrencies are already set up to be banking services. With nearly 19,000 registered users now to bitcoin myk.. you'd multiply that by $4000...

Why because you can create any banking product with bitcoin myk. YOu can create defi.. you can create cd's you can create stable currencies and cross boarder remittance payments. Not only that but you can conceivably reach a billion users based on freemium services.

Now unfortunately blockchains due to energy consumption can't create a model like bitcoin myk without a high degree of altruism and purpose and higher frequency thinking. This is not animalistic capitalist greed models.. That doesn't work any longer in the 21st century.

So here's how it works.. you then multiply $4000x18,000 users = 72 million. This market cap would already be rivaliing hive without getting started. So bitcoin myk is set to overtake hive.. Now the unfortunate part is this level for scale can't exist on one chain. it has to be multichain and it has to eat the lunch of layer 1. it's no way around that..Now it will circulate and bring up layer 1 in the long run but in the short term it will utterly weaken it until it revitalizes.

That's just the seesaw effect it will create. Are we going to win? Absolutely only a fool would think otherwise. Now back to twitter i'd imagine elon would do some type of doge coin ad network integration and i'm porbably going to start scooping up doge because i can see big things with it.. elon doesn't want his own crypto he wants to use one he feels has the best case of decentralization and less energy consumption and that's going to be doge for a time for him.

It's reason to believe he already wants to integrate crypto ad networks into twitter he already proposed in an interview to Jack Dorsey earlier to do that very thing.

So maybe you getting it now or maybe you'll be an idiot about it.. However i think at this point even you realize that it doesn't matter what you do or think this is how the systems will evolve the people aren't joining now.. project blank not going to cause them to join because i'ts not based on a freemium service model. It's more of the same ineffficiencies. So that means right now bitcoin myk is theoretically worth $72 million without liquidity but it doesn't matter most of crypto has liquidity issues and on top of that teh tech doesn't matter the network matters. All this tech is clonable . it's about value what can i get from this. THE citizens dividend means i have incentive to find out. I have no incentive to use hive. Beyond a few writers it's useless.

@mykos: Elon paying around | Ecency