1/ Hivefest brought many of the main players on Hive together. These are developers, witnesses, and project leaders. It was something that was on display during the events.

#threadstorm Community on display at Hivefest

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5/ This is paired with HBD being required as collateral for the nodes to process transactions. This eliminates the need to trust the node operators since the system has the transactions collateralized.

4/ We also have a major use case: HBD will be an access token. To interact with the network, staked HBD could be used, similar to Hive Power. This really pushes more of that coin to the network.

3/ This will enable developers to mint NFTs and users to also move them seamlessly and without great cost. The drawback to the EVMs is often the fees associated with these processes.

2/ This will eventually include any coin that is out there. By settling on Hive, these can be moved without the high fees and with greater speed. We also are going to see NFT minting.

1/ Just like I thought, the future of VSC is not disappointing. We saw the presentation at Hivefest covering what the system is going to bring to Hive. It starts with wrapped BTC.

#threadstorm VSC Is Going To Change Hive Completely

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4/ This is only one leg of the overall operation. By building out financial services, we can radically alter the future economic opportunities of many areas. This is key. It is why I discuss these concepts

3/ This is unique in cryptocurrency, something that other places cannot offer. The distribution model allows us to help those local economies by delivering resources. For many, since the bar is low, it

2/ A digital network that is monetized becomes an economy. By participating, people are drawing resources from outside their country into it. This is done each time we upvote content from another area.

1/ Hive is already changing lives. Those in areas such as Nigeria are aware of this. People who are active on hive each day realize how this is changing the economic fortunes of many.

#threadstorm Evidence Hive Is Changing Lives

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5/ Rumble can still close an account and remove one's digital life. This is where account ownership truly comes into play.

4/ Hive decentralized text meaning there is no removing it from the chain without a super majority. SpkNetwork seeks to do the same with video and images.

3/ The problem, aside from a member of a government doing this based upon accusations, is the fact that there was someone to send the letter to. The company responded which is an issue since it exists.

2/ The problem was exhibit by Russell Brand and the UK Parliament. A member sent a letter to the company asking whether he was demonetized based upon the accusations levied against him.