RE: RE: Massive Hive Problem
You are viewing a single comment's thread from:

RE: Massive Hive Problem

sepracore(63)
Published in
GEMS
Words
169
Reading
1 min
Listen
Play
6y

Unfortunately, that manufacturer would have to be independently wealthy because they would essentially be paying for all the labor and supplies for the merchandise without turning around and selling the Hive they were paid in to pay for those costs. This would just be a round about way of buying Hive from the open market.

This is the issue. All the use cases that exists have to operate using fiat In one way or the other. As a result, they need to turn around and sell their Hive to pay for those bills. This is why many witnesses are constantly powering down to pay for bills. It isn’t their fault, just the truth.

This is exactly why Steemit Inc sold steem monthly. Even the devs who believed in the platform needed to be paid in fiat because their bills need to be paid in fiat.

There needs to be a major reason to hold Hive that independent people are willing to invest more than the businesses, etc are selling.

@sepracore: Unfortunately, | Ecency