RE: RE: Why do hive projects hate ads?
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RE: Why do hive projects hate ads?

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2y

Personally, I don't mind ads.

The hatred of ads comes from outside of HIVE and commerce in general. Note the success of Wikipedia, the Brave Browser and the numerous ad-blocking BHOs.

The reward structure was supposed to provide an alternative funding path than ad revenue. So, HIVE marketed itself to a crowd that hated ads. The platform is committed to this path.

As for the downward pressure on the price of HIVE, Personally, I think that is due to the 30% interest on HBD. Everytime there is a drop in the price of HIVE we see people converting their HBD to HIVE. We've seen over a million HBD converted to HIVE during the last market dip. That is about 5 million HIVE the market needs to absorb.

!WINE

@yintercept: Personally, I | Ecency