Hive, Trust & Transparency: A Probable Selling Point.

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Trust: Highs & Lows

Sometimes last year when Leo was somehow hacked and everyone was sort of weary, so many people were put into uncertain situation and even people who had put in serious money were not left out. The situation left some having to reschedule, having to rebalance their books and also having to make tough choices going.

Khal is the brain behind Leo, he's maintained a good track record and overtime, his intentions for and on the chain has been proven to be legitimate, so Overtime, the leofinance community has become a group of individuals who were not just investors, but die hard believer in the present and future of the project. Irrespective of whatever happens, this knowledge, brings a certain kind of assurance


Trust + DeFi=Cubfinance

I remembered a person saying probably Khal was responsible for sabotaging his own project. But that was merely insecurity from the inexperience of dealing with crypto, largely. For example, whenever I go into any crypto investment I firstly take cognizance that volatility, this mitigates any risk and prepares me for any form of uncertainty. When these people eventually understand trust, they'll eventually know that the future of crypto.

DeFi for example will only attain fruition when there's trust. For example, there are scammy DeFi ventures out there, so Many people have lost money buying into DeFi scams. However, due to leofinance, people could experience DeFi with cubfinance without looking elsewhere. Having a legitimate crypto Project as hive is very advantageous, a Platform one can build and tokenize their communities with people with the right mindset

Hence, even after the hack, the trust is why Leo is still a dominant project on the Hive blockchain. Trust is Important in business and Crypto. Crypto isn't different from any form of money in the way it's being used for transactional purpose. This is because people are the ones behind these transactions, their feelings, emotional disposition, business ideas, ideologies will be reflectant where it is being channeled.

For example, many do not like Hive because it is anti plagiarism and there's a system of check and balance. This check brings about the smooth functioning of the chain. Many don't like the fact that they cannot display the animalistic greed they have on the chain, in guise, they call it censorship, meanwhile it's just a system of check that is necessarily to keep the chain running.


Build What You Want

This is to say, crypto isn't illogical, you build what you absolutely want to enjoy, crypto isn't magic, it takes the right people, the right mentality to build wealth overtime. In another aspect, we make emotionally choices when it comes to investing. However, sometimes, we don't have to. Having a strong crypto community like hive and leofinance means, you're not just getting trust.

There's having people who you can look up to provide you with the perfect option for investing and even if they'll tell you that they're not giving a financial advice, overtime you could see that they've been mostly successful with their choices, you can learn the ropes from these people while becoming a seasoned Crypto geek yourself. Going forward, trust will become even more influential, especially in a conglomerate of people making choices and leading others to make these same choices.


......In Real-time?

It's one of the reasons why it's important to maintain a clean slate and have a good track record. Normally in business, this builds trust between a person and his clientele, when people are shady in their dealings for example, the blockchain is transparent enough to expose this shadiness.

So it'll be difficult for a shady person to pull an exit scam on hive, especially when their stats and their record and activities exactly reveals who they are. It's why hive is perfect for building, tokenization and setting up communities, especially without fear of compromise from its members. This might eventually become a selling point in the future.



Interested in some more of my works?


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My name is @Josediccus, a young Nigerian entrepreneur who is a Vlogger, A Psychologist, Poet, Sports Writer/Analyst & Personal Finance Coach. I'm using my contents as a process to create shared meaning as well as create expressions through which people on/off hive can relate. I believe content is a process to be enjoyed and relished and I'm up for any collaborations in my field stated above. Cheers


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This is truth @josediccus,

The transparency here is even more transparent. Not only is everything recorded in real time, but in here we have real stories and lives and people committed to the development of Hive. I see Khal as one of those people committed to Hive. There is no reason for him to do anything malicious with his own Leo project.


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It's exactly the main reason why I believe the hive community and the trust built here overtime by different kinds of individuals is a selling point. The seamless peer-to-peer relationships here is second to none anywhere. Its definitely amazing I tell you

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Transparency is what we need. I am sick of the current power and financial structure since they benefit the rich and powerful. I am well aware that CUB has more risk than LEO but I still invest in it using my earnings from LeoFinance for the most part. With the Polygon Defi platform and the IDOs coming, I am willing to wait to see what happens. At least if things are deflationary, we won't be losing money.

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Well whether we lose money or not, i'm still looking at the grander Scheme of things, it's all about building for the future and if not for cubfinance, I sure won't be trusting my money with DeFi project out there .

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Thanks for sharing. This was very ... i don't have the right word.

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With Leo and CUB on the low lately price-wise it might be an opportunity to buy in, I was thinking the other day. Hopefully I get to make that move.

We are on a chain where relationships are being built and trust happens to be a vital element which will keep pushing HIVE towards success in the long-term.

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