2/ Tokenization changes everything. The Network-State is something that is progressing. For this reason, we need to see businesses build on the second layer. When this happens, it drives value to Layer

1/ Most look at market activity believing that is a way to understand networks and the value of them. How come we do not look at market activity as the value for a nation? The answer is because we have

#threadstorm What does the Hive economy need to be for the coin to be valued at $25?

5/ Here is how we break it all down and shed new light on the subject.

4/ What we have is a new way to distribute economic productivity. The global economy, under the present system, is still a series of metrics put together. Tokenization clarifies this.

3/ If we are heading towards the network-state, we are going to see a massive shift. Also, an abstract concept like "the economy" becomes real. Now we do not have to drill down deeper to answer

2/ When looking at an economy, who benefits from the growth. The answer only comes by looking at particulars, not the economy as a whole. Economic productivity is not captured in a tradeable way.

1/ I have often opined how crypto will get into the quadrillions of dollars. This is something most find to be crazy but it is really the path of technology and monetization. Tokenization truly changes

#threadstorm Who financially benefits when the value of an economy increase? The answer is nobody; not directly. Crypto changes all this.

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5/ This is where we can build a defense. After all, the situation with OpenAi should put us all on alert.

4/ We have to start thinking in these terms. Decentralization, true account ownership, and database management are crucial. We need to keep pushing this narrative, at least among ourselves, so we know

3/ VItalik talked about BCI as a possible solution to combating AI gone amok. The only question I have is who controls the data and the access? Is this something that we trust Elon or Zuckerberg with?

2/ Many overlook Hive because they frame things in terms of market cap or some other metric that is fleeting. What gets overlooked is the core technology and how it relates to other potentials that exist.

#threadstorm 1/ Vitalik presented his response to the Techno-Optimist paper written by Marc Andreeson. He went into a lot about where he thinks things might be going. I conclude how, if he is right, we

I delve into some of the false notion in this article:

4/ That means it is part of the money supply. However, the Fed cant force banks to lend. It is also why the quantity theory of money is bogus. There is no way to expand the money supply without creating

3/ The problem with this viewpoint is not following the trail. What happens to the credit that is created? Doesnt money end up in the borrowers account? Isnt that a liability on the bank's balance sheet?

2/ This shows how outdated the ideas of these people are. As stated repeatedly, it is the commercial banks that expand the money supply through lending. Some say this is not the case since it is really

1/ The idea the Fed prints money is a misunderstanding of the fundamental money creation process. Unless one is referring to the physical banknotes, the central bank does not have anything to do with the