3/ Misunderstanding Hive leads to all kinds of missteps. Who are we appealing to? Without knowing what Hive is, we cannot answer this question. No marketing department worth salt would proceed in this

2/ This comes up when talking about marketing. The basic problem is that people miss the most fundamental aspect: what is the target market?

#threadstorm 1/🧵 What is Hive? This is a question that will generate a number of answers. It is this fact that is the cause for so much dispute and causes a lot of issues.

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5/ Cryptocurrency is the next evolution of fintech, something that already did damage to the banks over the years.

4/ The Internet does two things to an industry: creates abundance disrupts the incumbents It has now come to money.

3/ We can learn from these lessons and apply them to what we see unfolding. The Internet has caused destruction to a number of industries and the banks are next up.

2/ We are dealing with technology at this point. It is something that is starting to amass a long history of results, especially in the digial world.

#threadstorm 1/ 🧵 Banks are formidable foes when it comes to the battle for control over the financial system. This is something that most would agree with.

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5/ This does not mean the push for power by governments is done. They do have a Trojan Horse what are stablecoins These are falling right under government control. We are seeing the crypto market being

4/ These will not fund global trade nor have any cross border payments. Companies will not use a coin that is fully controlled by another government. Hell they wont use it if their government is in total

3/ We saw some roll out and the results are abysmal. The most publicized one was the Nigerian government move that was widely rejected. This is an indicator of what is to come.

2/ CBDCs get a lot of attention and discussion. It is also instilling a lot of fear in people because of the power it will hand to government. This resulted in surveys showing people are going to reject

#threadstorm 1/🧵 The End of CBDCs?

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5/ In this article I do the comparison and show how PYUSD is like most other financial assets. One had to do a lot of trusting.

4/ Bitcoin came out with the intent of reducing counterparty risk yet the industry simply is recreating the traditional financial system. This is no surprise as banks and other fin inst get involved.

3/ What is a major problem is the proverbial counterparty risk. When looking at PYUSD and comparing it to HBD, it is really a joke. We see what most overlook when dealing with the financial system.

2/ We are likely going to see many financial institutions come out with their own stablecoin. This is going to flood the market, not necessarily a bad thing.