4/ These stablecoins are backed by assets. Where are these held? What are they doing with the USD and treasuries that are backing the coins? What happens if the custodian (bank) goes under? We have seen

3/ This means that they can be targeted. We have takeover as a potential, meaning that USDC could be owned by JPMorgan or some other Wall Street bank. It also can be politicized.

2/ Circle and Tether are both backed by centralized entities. This is what allows them to be regulated. There will come a time when they fall under the banking laws of most countries.

#threadstorm 1/🧵 HBD is one of the best stablecoins out there. We are looking at a coin that has minimal counterparty risk, limiting it to the blockchain. The same is not true for Tether and Circle.

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5/ Since we have our own base layer stablecoin, value can be built around that based upon utility. Financial services is a great way to do that. All this means we have the ability to start targeting Wall

4/ What this means is the social media platforms feed into HIVE, the value capture coin. From here, we have the ability to apply that value to financial services, furthering the expansion of the ecosystem.

3/ That opens up a host of opportunities for Hive, including the ability to develop a powerful financial services network that can start to offer a variety of options to those on Hive.

2/ Hive has a major drawback: the last of a robust smart contract platform. We discussed this repeatedly. However, we are seeing this being addressed with new things starting to be created. On this end,

#threadcast 1/🧵 Where will Hive be in 5 years? Is this something you pondered or considered? Do you get excited when you see the potential? Or are you one who cant see what is developing?

Yeah. Well fiat is likely to always have KYC. It is their realm so they are going to protect it. We are likely going to have to use a vehicle currency like $BTC to get from Hive to fiat.

Hive is having an impact in Sucre. Another wonderful article by @edmundochauran regarding his purchase using #hbd.

5/ This is how we get around what governments are doing. This is a major push which can be done in under a year on Hive. It is a matter of building the infrastructure to get this done.

4/ This removes Hive from its island and allows for easy access to fiat and other crypto. At the same time, we keep building value which will enhance the wealth of the entire ecosystem.

3/ Since most regulators appear to be leaving that coin alone, we can connect to it which allows for people to seamlessly get to the CEX. This means people will be able to engage with fiat, yet not be

2/ Hive can start to focus upon DEX and liquidity pools. Without worrying about the CEX, we can build deep and liquid pools that can facilitate trades. Ultimately, this creates a realm where $BTC becomes

#threadstorm 1/🧵 Hive should focus outside the centralized exchanges. Many seem to feel that getting listed on the CEX is the only path forward for Hive. At this point, it is better not to be in that

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5/ Ultimately, this is going to be the largest network effect the world ever say. We are talking about billions of people, not millions. Both Facebook and the USD have that already. We are now looking