#threadstorm What is the future of social media? We are seeing a transition. What it will look like is anyone's guess but we are seeing some signs that could tell us the eventual outcome.

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5/ The model is clear. This is something that Hive needs to take seriously. There are few in Web3 that are capable of this. It is how Hive can stand out.

4/ Social media is the Trojan Horse. Musk is fully aware of this. It is also a concept long discussed on Hive. We are now seeing it becoming more evident.

3/ Musk is clearly showing the path of where things will be in the future. There will be no social media without finance. That means users are going to be on financial networks that have social media

2/ When we look around the cryptocurrency world, the same is true: silence. Few networks are able to provide social media services and this is going to limit them in the future.

#threadstorm 1/🧵 Twitter received another money transfer license. This makes 7 in the United States. The merging of social media and finance is happening before our eyes. Yet, how many are talking about

I will put together an article in the morning on this.

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5/ When we look at the likes of TikTok, this is a prime example of how explosive the growth can be. All web3 applications need to think about this.

4/ This is where the value reside. Video is more than both gaming and audio. If platforms start to integrate it in, it can capture some of the value that it out there.

3/ #web3 has tentacles that will eventually reach into many different areas. However, in the short term, video is a vital component to focus upon.

2/ We see how things are decentralizing, with broadcast television suffering greatly. Streaming is also not the Holy Grail it was promised.

#threadstorm 1/ 🧵 Video is the king of the hill when it comes to media. It is an industry that is in massive transition. This means there is opportunity for newcomers.

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5/ This will be detailed at Hivefest so we will see what the details look like. It is already in early testing so there is stuff build and in place.

4/ This means that Hive will operate as a transaction layer for bitcoin. Since it settles, the only thing required is some HP for resource credits.

3/ That means bringing something that is liquid and has long tentacles to us. Nothing fits this better than bitcoin. It is the largest, most liquid #crypto. It also seems to be embraced, even by the USG.

2/ This is based upon the premise that Hive coins (HBD too) will NOT be carried on any CEX. With regulation, anything that is outside the control of the system will be pushed out.

#threadstorm 1/ 🧵 Bitcoin is coming to #hive. This is based upon the announcement on the #ctt broadcast yesterday.