Exactly. When it was possible, even with people from Hive, the feed was a spamfest.

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5/ This is something that we are going to see though. There will be hundreds of stablecoins produced. It is going to be tied to networks, thus providing the scenario of "when in Rome..."

4/ Instead of public versus private, we would have public versus public. States (and provinces) could be competing with the federal authorities. This will make for interesting theater since politics gets

3/ How does this change things? Under this scenario, the stablecoin will be backed by USD, 1:1. Thus, it is more of an asset being issued by the state more than a currency. It does bring up a new debate

2/ We often hear about #cbdc from central banks. But what about a state issuing its own stablecoin? Is this going to happen. Wyoming is working on making this a reality.

#threadstorm 1/🧵 Wyoming To Issue Its Own Stablecoin?

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5/ This is another example of how a big money project went by the wayside, taking a couple hundred million dollars with it.

4/ It was also supposed to be the Hive killer (well Steem) due to Larimer's tied to that blockchain. Ultimately, it killed off nothing but itself.

3/ It started with the $30 million buy of Voice.com from Microstrategy. Then it took another $180 million in operations. This was backed by Block.One, although things fizzled after Larimer left.

2/ Voice was the idea of Dan Larimer of putting decentralized social media on EOS. The idea was one person, one voice. Of course, to do that, it had KYC which really goes against the tenets of #crypto.

#threadstorm 1/🧵 Voice is shuttering operations: another Hive Killer killed off

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5/ This means we can link it to activity along with providing features or other options tied to the holding of the token. This is rather novel compared to what else we see out there.

4/ One of the keys is providing the value to NFTs. Here is where much of the industry appears to go awry. With Hive, we can use the access token idea, one that $HIVE follows, to duplicate what we are doing

2/ NFTs were nothing more than a speculation play that people bought into hoping they would moon. It really was based upon the greater fool theory. There was no utility tied to it whatsoever.

#threadstorm 1/🧵 Hive Will Do NFTs Right

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5/ For all the fears of a dystopian technological future, here is a core issue. By looking at things from the data level, we can see how this can be changed.