I'm on a business trip at the moment and I got up too early. So why not write a quick Hive post...
We just celebrated the third anniversary of the historic and controversial fork that was the starting point of this great social project called Hive.
For the old generation, like me, that lived through this fork, Hive is probably one of the best places on the internet. Probably also new users are starting to feel at home. I would say that I spend about 80% of my online time on apps that are linked to Hive. It's a place where I live, play games, build relationships and also earn money.
We know how great Hive is and we can't understand why not more people see its amazing potential. Of course onboarding is still a problem and it's difficult to understand all the facets of this chain... but...
Crypto is there to get rich
The big majority of people don't really understand what crypto is apart from an investment vehicle that can make them rich. What is funny is that what these people actually invest in, is the future potential of these coins. In other terms, they invest in what these chains will be able to do in the coming years.
The investment hype is all about how these chains sell their projects and their development. Some of the things that are sold and lead people to invest:
- Let's build a web3.0 social media platform
- Let's build defi
- Let's do decentralisation
- Let's protect free speech
- Let's scale the chain and make faster and cheaper transactions
- Let's run games on the blockchain
- Let's build a community
The roadmaps are there, the progress is slow but hey we believe in it and that's why the prices of these cryptos are pushed up.
These are some of the sales arguments of these chains and people invest into these projects because they want these things to become reality. So in a way, people are buying future use cases of the crypto that they buy. They don't realize that there is a place where all these potential technologies are already applied and used!
All this makes me smile because we have it all on Hive already. It's not only developed but used and battle tested.
What will happen if one day people discover Hive?
So what will happen if one day people realize that all these beautiful plans have already been implemented all in one place? Will they suddenly redirect their investments?
In the end the good stuff survives
I remember when the internet was born, I kind of feel old when I say that... There were all these fancy dot.com businesses that made a lot of promises and their shares went through the roof in spite of the fact that they often didn't have a viable product or a way to generate an income. I feel it's kind of the same for many crypto projects.
Time showed that most of these dot.com businesses disappeared and I believe it will be the same for many cryptos that were selling dreams only. In the long run the project will surface that are working and offering added value to people.
I'm a fan of Hive not because of what it could become but for what is already is. I use it daily and I try to accumulate as many tokens as possible. I believe that one day there will be millions of people using hive because there is nothing comparable out there and we are developing in every direction and it's just a matter of time before it clicks. We saw it with Splinterlands. Not much is necessary to suddenly attract tons of people to hive.
Let's connect ! You can find me on these platforms: