5/ Hive is the blending of social media and finance. This is #web3 yet the impact is more profound. Network effects are now monetized even more than before. With decentralization, it is on steroids.

4/ This is why when I look at cryptocurrency, I see it becoming quadrillions in value. This is simply due to the application of Reed's Law on digital networks that end up interoperable.

3/ Each layer that is added to an ecosystem has an outsized impact. We are talking a greater than 1 effect. The reason being is because each additional "node" causes the others to increase in

2/ The valuation of networks like social media is known. This is what people often associate with the network effect. It is equally applicable to currency.

#threadstorm 1/🧵 People need to truly understand network effects. Metcalfe's Law (and more important Reed's Law) are crucial to the comprehension of the future. This is something that people on Hive need

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5/ We also then can start to leverage that layer into greater economic potential. This is how we get an explosive financial situation.

4/ This is something that is not captured at this time. In the future, we could see this layer become even more valuable than the equity which is based upon profits (among other things).

3/ Most businesses have equity and debt. These are the two primary investment vehicles, through stocks and bonds. But there is a third layer.

2/ This is the essence of #web3. We are building the foundation on Hive. We still need a few more pieces for the infrastructure but it is going. We can see where how this turns out.

#threadstorm 1/🧵 The social layer is something that is overlooked in cryptocurrency. This is what will generation hundreds of billions of dollar in economic value. Yet few are discussing it.

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6/ Web3 solves this while putting Hive at the center of it. We are already building our database, which gets larger by the day. This has value. From here, we just keep building and growing. It is a simple

5/ This should be an awakening. All #web2 operates under the same premise. The data allowed founders and VC investors to get wealthy while the users got nothing financially.

4/ There is a revolt as users realize that their data is what provides the value. As they try to delete it, the company is fighting back. This is creating talking points for Web 3.

3/ With this, we have the situation where the data placed on Hive is not owned by anyone. It is housed on uncorrelated servers around the world. Reddit is all under the company umbrella.

2/ We all know the users are the ones providing the content. It is powerful to see this video discussing the value of the database. What is Hive? A decentralized database.

#threadcast 1/🧵 The situation with Reddit is getting very interesting. In this article I include a video that describes the value of a social media network. The speaker really hones in on what we discuss

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5/ As we progress, Web 3.0 is going to incorporate both the digital and physical worlds. This is important to note as Hive as a foundation forming in both.