What is the *Real* value of Hive?
Every day we all sit at our keyboards, be they phones or laptops or PCs, and watch the value of Hive and Leo and Cub and ProofofBrain and CineTV and BRO....you get my point....go up and down and wish they would do more going up and less going down. We want the value of our stakes to grow so we can feel smart and validated and maybe even rich to a certain degree. Some more than others, obviously. But really, the true value of Hive is not in the price. Don't get me wrong, I definitely want the price to go higher. Much higher. Like a couple hundred dollars wouldn't hurt my feelings. :-) But in the meantime, the real "value" of this place is so much more.
For one thing, people can earn crypto and money without having any money or crypto to start with. We've all read the success stories of users who have grown their accounts simply by staying engaged and consistent in using the platform. There are very few places in the world this can be done. Especially to the degree it can be done here.
But even more than that, the true "value" offered by Hive (and Leo and other tribes) is the knowledge and experience available to be accessed by young, old, veteran, and newbie alike, and is, in my opinion, worth far more than the actual dollars and cents. The information available here is second to none anywhere in the world of crypto. From whales to devs to financial experts to entrepreneurs, the wealth of knowledge being shared can pay dividends far beyond what's on the screen in front of you. It can be applied to the world around you, no matter which country you are from. Pretty special in my opinion.
From music to photography to poetry and writing, from finance to sports to science and technology, from healthy living and exercise to cooking and drinking, movies and tv, the caliber of people and treasure troves of experience and knowledge they are willing to pass on is absolutely astonishing. It's almost like having a living, breathing wikipedia which doesn't just give you the information on a page, but is actually able to explain it and answer questions as well.
Again, we all want the destination to be abundance and riches. But don't forget that the journey is full of opportunities to enrich not just your pocketbooks, but also your mind and spirit, and the minds and spirits of those around you.
Embrace it. Tap into these people. Find the niches that interest you and become one of these people to somebody else. When you become focused on that, your bags will truly fill like never before.
Oh yeah, and curate, comment, and vote. :-) I can't write an article without including that.... lol
Thank you for reading. If you enjoyed the content, please consider a comment and upvote. I will happily reciprocate.
Posted Using LeoFinance Beta
The communities and tribes have really made this a fantastic place to get information like that. I pretty much know I can always find someone here that has more experience than me in any particular subject that I might need help with. Especially Leo when it comes to finance!
Posted Using LeoFinance Beta
I agree. Engaging with this community holds a ton of value. There are so many different people from all over the world with lots of different insights. If you spend any time exploring and commenting, you can find good information about pretty much anything.
Posted Using LeoFinance Beta
Yeah, it has totally changed the landscape of this place!
Yes but i think the problem is what has drawn many to crypto is getting rich. If you talk to your neighbors and friends the first thing out of their mouth about crypto is going to be " yes i heard john smith" made alot of money. So right off the bat that's on their mind. Unfortunatley our actions show differently than the words that come from our mouths.
So the idea of come here for community doesn't resonate at this time with many. The reasons are comparably crypto doesn't offer communities relational to mainstream networks yet. If we take something like the social media features on hive the applications etc., Comparably to mainstream its insufficient. All my family and friends are on social media. My grandmother is on social media etc.,
So thats alot of value on mainstream social media. I'm getting vastly more value there. There is a " social currency" there in a social network with the likes and " attention". It's not per se monetized but the value it garners is the same. The problem is to say come to a small social media network with less people is not the best talking point for these products at this time.
The most successful talking point for early steem and hive is getting paid for the blogs. Now because they can't handle the inflation as to say the amount of their crypto produced in relation to what's going out and who's coming in stays within an imbalance. For the reasons underlined above
So it's easier to stick with the earning for blogs and work to improve that than try to sell people on community. I'm not saying some people haven't found favorable communities they belong to here. What i am saying is this still is not resonating with enough people to have a significant impact on the growth rate to theoretically offset the inflation rate. Now there is evidence growth and inflation hasn't worked. As to say, more people come in and these projects become more valuable. It would seem maybe the prices stabilizes to a degree you have more volume that can be good or bad. Depending on who's holding what stake and what their will is.
My overall point is that there are some who are okay with these systems remaining small and that's code word for niche or controlled to the point only some can make significant money. I don't think thats a good plan overall. At this point i dont believe its enough incentive to just come to hive for the community at this time. Doesn't mean it can't change in teh future. I just don't believe that's what is happening now.
The other problem is the idea of " good content". Well i can get that anyplace free online. The internet is a source of free information.
Posted Using LeoFinance Beta
While it's certainly true that money is the initial motivation for pretty much everyone who looks into crypto, that doesn't necessarily mean its the only motivation. It also doesn't have to be why they stay. I've engaged with a lot of different communities on discord and other places over the last four years and this is the only place I've stayed.
You can certainly focus on the negatives of communities and viewpoints and be "right". They're present wherever you go. Nothing is perfect else everyone would be there. On Hive, you can at least choose the people you interact with. You can "vet" their content and their comments and decide for yourself whether they are worth spending your time on.
This post wasn't necessarily aimed at brand new people. More at the people who have decided they want to be here and taken the required actions to do so, but haven't figured out how to fully engage. There is a lot to be learned here, about more than just crypto and money. And while I agree there is good content on the internet, there is no one there to discuss it with. At least no one who you have any clue as to their motivations anyway. If you get all of your information from the internet, you might as well just walk down the street and start talking to strangers about their opinions. At least then you could look them in the eye while you're talking to them.
In the meantime, last I checked, you don't get any crypto for reading internet articles. In fact, just the contrary. Your information is logged into their computers and you'll be fed advertising and "similar content" ad infinitum. Not really my idea of "good content" "good content" "good content"...... Echo chambers aren't very good for learning.
Thanks for your reply. I appreciate it!
Posted Using LeoFinance Beta
I 100% agree with your points. I agree that some people come here and find areas of these communities they share certain interest with absolutely. I think i'm speaking more to significant uses of cryptocurrency in line with ideas many here speak about. I hear things like this will be the future and this will be social media 3.0. We've always had private social media. If we're speaking more about this in relation to that. That is fine, i'm with you on there are things this platform offers that speak to certain people.
I just don't feel that's what motivates most people. Even down to selling advertising to people. I don't think people care that much about ads being shown. Sites with ads have the most interaction and users. I don't think they care that much about privacy. I look online and people just dying to reveal themselves and get famous and get known lol. So i feel like you all speaking more about like niche communities and projects. Nothing wrong with that. It's just that some people have visions of grandeur around here. I think that's misplaced unless certain things are addressed.
I personally don't like the fact hive is a 200 place coin. I think it could be in the top 10 but some things would need to happen. Some people are fine with how it is. Again, its all down to your point of view. If you feel hive should be a top 10 coin certain thigns need to change. If you're fine with just your interactions and the people in your communities however many people that is.. That is fine as well nothing wrong with that. However i don't feel alot of people around here really feel that way. They get very excited when prices move up. Also the user base is still quite small in comparison to other coins. So ultimately it just depends on what the community wants this place to be. I appreciate your engagement as well, take care.
Posted Using LeoFinance Beta
Yea the community and tribes make it easier for people to get information. But yes there are probably too many people coming here to make money. They tend to cash out whether for financial reasons or because they don't trust the system. There is no reason in their case to reject "free" money. But the current model allows everyone to get rich and maybe those who decide to cash out can only regret their choices.
Posted Using LeoFinance Beta
Time will tell. It's one thing to make a few bucks selling your rewards and engaging. It's quite another to enjoy the engagement and build your stake because it just happens while you're engaging people. I doubt there are too many people here who don't think Hive and Leo are going to go to at least $3-$5 at some point. If and when that happens, having a stake you've built organically over a couple years or more will be worth far more than the typically small amounts most people use on other cryptos they know very little about.
There will certainly be much bigger winners in lots of different places over the next few years, but there will also be lots of monster losers. Hive seems to me a "safe" place to build a stake, especially at these levels. And with the ancillary tokens that keep being developed on top of it, the access to early communities seems well worth the wait. It really only takes one to go from having a few dollars in the game to being able to seriously look at building wealth.
Posted Using LeoFinance Beta
I think the true underlying value of HIVE is not fearing that you may be kicked or booted for opinions that run counter to the current popular belief. In todays cancel culture, this will become more and more needed to still have discussion of ideas.
Posted Using LeoFinance Beta
I totally agree that is a HUGE benefit to being here and will only become more important as we progress (or regress, as it were). The fact that you can actually HAVE discussions and VOICE opinions here without fear of reprisal or banning is definitely an important part of the equation. Hopefully this community can continue to foster that spirit as it continues to grow.
Posted Using LeoFinance Beta
The value is in the people here, that's for sure. The tribes and communities are really a great way to learn about stuff and to meet other people who share common interests with you.
And there are a lot of tribes/communities for the most varied subjects so you are pretty much guaranteed to find one that suits you. I mean, there is a Hive community called Fungi Lovers where people talk about and share pictures of mushrooms. How amazing is that?!
This "place" never ceases to amaze me.
Posted Using LeoFinance Beta
Indeed, the amount of information here is enormous. And it's all here to stay. I mean, if you find a community or an author you like, you can go back and read article after article from them all the way until they first joined. If you have an interest, it's here somewhere. And if it's not, you can start it and people will then find you. Pretty amazing if you think about it.
Posted Using LeoFinance Beta
That's true! I've been thinking about starting a community about Project Management and/or Agile practices since there doesn't seem to be one already. I really think I'll be alone there for quite some time but who knows... maybe one day it catches up heheh
Posted Using LeoFinance Beta