It's Crypto Mondays - What Happens When Your Mom Starts Asking About Hive....
(Edited)
Over the weekend I had a little road trip with my mom...
And during the 3 hour or so drive, we talked a LOT about....Crypto!
More specifically, Hive and what it means to my generation and even to hers.
I have already got her to start investing into certain currencies using Coinbase, but there might be a time in the near future...Where she starts diving into this blockchain.
To me, that's exciting when someone from her generation starts to give us a strong look!
▶️ 3Speak
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Sounds like a productive discussion with your mom. When they ask so many questions, you know they want to learn. It does seem like social media has pretty much turned into just something trying to cause more FUD.
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Good for your mom! Never stop learning new things. !BBH
Because this is such an awesome post, here is a BBH Tip for you.
. Keep up the fantastic work
That is awesome! I can't even imagine my parents being on Hive. That would be totally nuts. They are pretty tech adept too, I just think it would be one step too many for them to take!
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I will be happy to hear her ask such question that means she is advancing with change that is about to happen. I will do my best and give her the whole guide she need to engage more in investment.
Above your text (on the ctptalk-post), I'm shown a 'blocked'-square with the text "This content is blocked. Contact the site owner to fix the issue."
But I went & opened the 3Speak-link in a new tab.
I'm an X-ennial (my parents are Baby-Boomers, but I was born in 'the Milennial years') and/or I'm kind of an 'old soul,' but I still don't know 'what the value of blockchain-money is.'
Maybe it's partly because I was "introduced to it" by comedian Bill Maher, who thinks that crypto-mining is 'a huge waste of energy where the mining computer "guesses which number" the 'mine' (main computer) is thinking of.'
"dam kids and your imaginary money" :)))
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Summary:
The episode focuses on discussions around various cryptocurrencies and blockchain projects, highlighting the potential of projects like SafeMoon, Index, Hive, and Noisecash. The participants delve into the importance of diversification within the crypto space, practical applications of blockchain technology, and the significance of active engagement and community participation. They emphasize the benefits of long-term holding and strategic investment approaches, particularly in income tokens and projects like Index within the HIVE blockchain ecosystem.
Detailed Article:
The episode starts with a Crypto Monday session featuring John G. Olson and Blaine Jones, where they engage in a conversation about their weekend experiences and the current state of the cryptocurrency markets. Bitcoin's price surpassing 40K is noted, while Hive's performance is discussed as not meeting expectations. The dialogue transitions into an exploration of the increasing interest in crypto among the older generation, particularly baby boomers, with anecdotes shared about discussing crypto with family members.
The conversation delves into the mainstream adoption of cryptocurrencies, citing El Salvador's decision to accept Bitcoin as legal tender and its potential implications for global crypto adoption. The need for faster transaction times and lower fees for widespread adoption is highlighted, with specific mention of cryptocurrencies like Hive known for their efficient processing and user-friendly interfaces. Decentralized finance is spotlighted for its potential to revolutionize traditional financial services.
The importance of exploring various blockchains and not confining oneself to a single platform is stressed, drawing comparisons between different cryptocurrencies and traditional financial institutions. The benefits of owning cryptocurrencies like Hive with delegated proof of stake mechanisms are discussed, providing users with more control and ownership than traditional banking systems.
The conversation then shifts towards a discussion on specific projects like SafeMoon, Hive, Noisecash, and Index. SafeMoon's potential is explored, with one participant sharing personal success with the project and speculating on future gains. The dangers of crypto maximalism are cautioned against, advocating for a diversified investment approach.
Hive is praised for its practical use cases, allowing users to engage in various activities on the platform, including content creation, curation, and payments. Noisecash is commended for its innovative tipping system, offering a unique social space for crypto enthusiasts. The benefits of using blockchain technology for entrepreneurs building online businesses are underscored.
Index, a project focused on indexing Hive Engine to provide exposure to various tokens, is introduced. The participants discuss the significance of curation rewards within Index, highlighting an 80% payout structure and its value for participants. The importance of active engagement with blockchain projects and community involvement within the crypto space is emphasized throughout the conversation.
In another segment, a detailed discussion on Index within the HIVE blockchain ecosystem takes place, focusing on income tokens and long-term holding strategies. The participants express confidence in Index, advocating for steady growth through strategic investment approaches. Technical challenges during broadcasts are addressed, with a commitment to improving user experience and engaging with the community effectively.
In conclusion, the episode underscores the evolving landscape of cryptocurrencies, the potential of blockchain projects for practical use cases, and the importance of community engagement and diversification in investment strategies within the crypto space. The dialogues shed light on various projects, encouraging listeners to explore different platforms, engage actively, and adopt long-term holding strategies for optimal results.
Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.