I had been wondering if I should be buying more Hive at this current low price. Obviously I had been thinking a lot about it. The other day I woke up with a fear that all the accrued monetary value in crypto are nullified. Hive included. Is that possible? Possible, if governments have their way and if they want to curb decentralised social media. In the extreme case they can find a way to make it illegal for citizens to hold crypto. Maybe citing some association between crypto with illegal activities. Under the pretext that citizens need to be protected, they can pass such a law. I think in some countries they could already be doing so to certain crypto. Or they can make using banned crypto exchange illegal. If that happens, then perhaps crypto has no value. Hold on! This is the fear tactic those in power can employ to prevent people from exchanging value and gaining value from decentralised operations. Let’s dive deeper into what gives crypto its value. *It’s use case!* Whatever use case it may be, if tokens are used and users value it, there will be buyers. This ensures the accrued monetary value to be present. Even if it’s ‘illegal’ to transact in certain countries, it is still possible to make such transactions in certain parts of the world. So how can this value ever be lost? Our crypto tokens is not different from our other possessions, such as equity, cars, houses, hand phones, antiques, stamps, etc. If they are viewed to be precious and valuable, there will be buyers. The difficult part is to find crypto that is of value. Of importance, it is its network of users that matters. Users provide the value. Users create the use cases. This little thought experiment points me to consider Hive’s value proposition. It’s decentralised quality probably means that no one can shut it down. It’s rich use cases and ecosystem also means that someone will always buy my Hive if I need to sell them. Thus, my conclusion is that I should accumulate more Hive at lower prices. My fear is unwarranted. What do you think?  P/S: This is not financial advice, and please do your own due diligence before investing. **If you read this far... and if you are a like-minded Hiver who is on the path to learning more about Hive and crypto investing, and if you like to be tagged when I write such posts, I welcome you to leave a comment below and let me know. We can form an alliance to support each other's growth.** *You might be interested in this post, @jacoalberts and @youngkedar98!* Recent posts: - [Update on the dCrops journey](https://leofinance.io/@cryptothesis/update-on-the-dcrops-journey) - [Hive and Leo Finance as Micronations](https://leofinance.io/@cryptothesis/hive-and-leo-finance-as-micronations) - [Easy Hive Post Writing Tool](https://leofinance.io/@cryptothesis/easy-hive-post-writing-tool)
author | cryptothesis | ||||||
---|---|---|---|---|---|---|---|
permlink | can-all-accrued-value-in | ||||||
category | hive-167922 | ||||||
json_metadata | {"links":["https://leofinance.io/@cryptothesis/update-on-the-dcrops-journey","https://leofinance.io/@cryptothesis/hive-and-leo-finance-as-micronations","https://leofinance.io/@cryptothesis/easy-hive-post-writing-tool"],"image":["https://images.hive.blog/0x0/https://images.hive.blog/DQmaQioiDMPpE4AcBKH6i9CPzpBZiqkEbReRYswysdbze8x/Screenshot%202022-06-21%20at%204.30.29%20PM.png"],"users":["jacoalberts","youngkedar98"],"tags":["hive-167922"],"app":"ecency/3.0.34-mobile","format":"markdown+html"} | ||||||
created | 2022-09-25 20:07:39 | ||||||
last_update | 2022-09-25 20:07:39 | ||||||
depth | 0 | ||||||
children | 1 | ||||||
last_payout | 2022-10-02 20:07:39 | ||||||
cashout_time | 1969-12-31 23:59:59 | ||||||
total_payout_value | 0.000 HBD | ||||||
curator_payout_value | 0.525 HBD | ||||||
pending_payout_value | 0.000 HBD | ||||||
promoted | 0.000 HBD | ||||||
body_length | 3,011 | ||||||
author_reputation | 122,337,302,881,797 | ||||||
root_title | "Can all accrued value in Hive be lost? Probably not." | ||||||
beneficiaries |
| ||||||
max_accepted_payout | 1,000,000.000 HBD | ||||||
percent_hbd | 10,000 | ||||||
post_id | 116,927,146 | ||||||
net_rshares | 1,698,631,809,317 | ||||||
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
lizanomadsoul | 0 | 1,619,974,320 | 2% | ||
zakludick | 0 | 21,172,695,507 | 100% | ||
d-zero | 0 | 59,304,512,865 | 71.41% | ||
quochuy | 0 | 612,849,809,166 | 11.83% | ||
steemulant | 0 | 220,937,557 | 11.83% | ||
dalz | 0 | 688,304,053,013 | 100% | ||
smartvote | 0 | 84,347,691,260 | 4% | ||
harpreetjanda | 0 | 588,232,448 | 2% | ||
steemtelly | 0 | 3,567,099,417 | 11.83% | ||
hivebuzz | 0 | 10,354,284,414 | 2% | ||
cryptothesis2 | 0 | 3,477,808,574 | 100% | ||
projectburnerrpg | 0 | 205,153,657,819 | 100% | ||
luminosity.leo | 0 | 328,518,844 | 100% | ||
dalz.spkcc | 0 | 3,909,059,291 | 50% | ||
specific-leo | 0 | 3,433,474,822 | 100% |
Congratulations @cryptothesis! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s): <table><tr><td><img src="https://images.hive.blog/60x70/http://hivebuzz.me/@cryptothesis/payout.png?202209260450"></td><td>You received more than 250 HP as payout for your posts, comments and curation.<br>Your next payout target is 500 HP.<br><sub>The unit is Hive Power equivalent because post and comment rewards can be split into HP and HBD</sub></td></tr> </table> <sub>_You can view your badges on [your board](https://hivebuzz.me/@cryptothesis) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub> <sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub> To support your work, I also upvoted your post! **Check out the last post from @hivebuzz:** <table><tr><td><a href="/hive-106258/@hivebuzz/hivefest-2022-bos-result"><img src="https://images.hive.blog/64x128/https://i.imgur.com/sCBFjhf.png"></a></td><td><a href="/hive-106258/@hivebuzz/hivefest-2022-bos-result">Balls of Steel - HiveFest⁷ Petanque Tournament Results</a></td></tr></table>
author | hivebuzz |
---|---|
permlink | notify-cryptothesis-20220926t051815 |
category | hive-167922 |
json_metadata | {"image":["http://hivebuzz.me/notify.t6.png"]} |
created | 2022-09-26 05:18:15 |
last_update | 2022-09-26 05:18:15 |
depth | 1 |
children | 0 |
last_payout | 2022-10-03 05:18:15 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 HBD |
curator_payout_value | 0.000 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 1,173 |
author_reputation | 370,588,884,029,919 |
root_title | "Can all accrued value in Hive be lost? Probably not." |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 116,937,061 |
net_rshares | 0 |