4/ This is where Hive comes in. It is a text database that allows anyone to write to it. Also, there is no limitation if anyone wants to use the data. Even if the API limit, one is free to set one up.

3/ This means that the data is being used as the new oil. These companies are not letting other entities to use it. It is why we are desperately in need of a decentralized database.

2/ This should come as no surprise to people. Most are aware that the data they generate is being used to train the algorithms. However, it is also updated to ban scraping of the data.

#threadstorm 1/🧵 X Updates Terms of Service allowing it to train its AI.

#feedback When writing a post in peakd and copying it over this is what I get. It adds the separators in. The long form UI is really messing up.

To read full article:

5/ Over the next few months, some of that should roll out. Once that happens, developers can leap on top and build the apps needed. This is all inching us closer to the major surprise Hive has.

4/ We have discussed a lot of features required for Hive to truly become a circular economy. There are some pieces falling into place yet we are still lacking some major pillars.

3/ Once infrastructure is in place, application development goes much quicker. This is especially true when smart contracts are in place.

2/ We have watched a lot of infrastructure being built. This is often tedious and slow. It certainly can be boring. However, this is vital for further development.

#threadstorm 1/🧵 Hive Getting Closer To Going Parabolic

To read full article:

5/ This is not going to change. The banks are not going to sit back and let governments take over their golden goose. Of course, the likes of PayPal are also joining in.

4/ Governments rarely controlled money. The same is true for central banks. There are brief periods where that was the case. However, ultimately, money was made for and is controlled by private entities.

3/ This could just be the starting point. In the future this could roll into the domestic banking system. It will rival whatever CBDC plans there are. This is in keeping with monetary history.

2/ JP Morgan just announced that it is going to develop what could be a Trojan Horse against CBDCs. The new blockchain based token will be used for int'l settlements and cross border payments. This is

#threadstorm 1/🧵 Many fear central bank digital currencies believing that government will simply flip a switch and all will use them. This is in failure with monetary history.

To read full article:

5/ We are going to see this continue. As ecosystems see the need for more solutions, developers will build them/ This could ultimately include privacy features in many ways.

4/ Cryptocurrency is nothing more than data riding on top of tis system. Here is where most miss the entire transformation. There is no difference between the balance in one's wallet and a comment. To