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3/ $200 million placed as collateral on VSC means we are dealing with 400M HBD. That is going to equate to a market cap of $1.3 billion, a 10x. However, if we add in some other features, where does this

2/ Because of the dynamics of Hive, we can see that the market cap of HBD and HIVE cannot be the same. This means the haircut rule enters into the valuation.

1/ What does HIVE look like if VSC pulls in $200 million in coins and wraps them? When we consider the size of the market, this is a drop in the bucket. Here is where we have a minimal amt of the overall

#threadstorm VSC is going to impact the value of HIVE In big ways It shows how much of a Trojan Horse HBD really is.

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4/ Just run some basic math on this to see where it could end up. We could be looking at tens of millions of HBD being required.

3/ This is going to be a major sink for HBD since it is a collateralized system. There is also the potential to add other coins like the EVMs in the future.

2/ We are seeing the evolution of Hive happen before our eyes. This is where we are heading, focusing upon true decentralization. Part of the next phase of development will be a DEX to swap tokens.

1/ Anyone who was on the CTT call yesterday saw this system in action. It is still in the early stages, about to head to testnet. However, we got a glimpse into the future.

#threadstorm VSC Brings Decentralized BTC Transfers To Hive And this is just the start.

Here it is.

3/ For all the spaces, discords, and whatever conversations, we are missing the most glaring fact of Hive...there is little to do. It is something that few are mentioning so I will do it.

2/ So it is time. Hive is lacking a business mindset. Who would open a store, have near empty shelves, and expect to be successful? that is exactly what Hive is.

1/ The answer to this is very simple. We have a lot of conversations about bull shit that ends up being fringe stuff. It is rather evident that nobody is talking about the elephant in the room.

#threadstorm What Hive is really missing Wnat to know why Hive has not taken off?

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5/ That is why the numbers can get insane. It is also why most seriously underestimate what is being designed.

4/ This means focusing upon economic output is crucial. It is something that few discuss in the world of blockchain. On Hive, even less realize the potential in terms of coin value. We are looking at capturing

3/ With Hive, anything built on top is going to enhance the value of the network. Trying to separate the two is like saying that the economy of Tokyo is not a part of Japan. Who would look at those two