My response to "Where is the value from crypto from? Why is LEO worth anything?" by cryptothesis

View this thread on: hive.blog | peakd.com | ecency.com

hive-167922 · @cryptothesis · Jun 26 '23

$8.06

My response to "Where is the value from crypto from? Why is LEO worth anything?"

https://images.hive.blog/DQmU49GCnfTKvsPczpwz7TwyHqKH2nzRvSwVTugsTaEVEjR/Screenshot%202023-06-26%20at%2011.34.03%20PM.png

I love this question by @gillianpearce in the [thread](https://leofinance.io/threads/view/gillianpearce/re-leothreads-2ufp4enup).

I may not have the right answers but I love that I can use it to test my understanding.

So here is my response.

Value in the financial sense is always a result of the perceived usefulness of the asset. A particular crypto token has value because the token provides a certain benefit to the holder. In the case of Hive, when it is staked, it gives us the power to earn curation rewards when we upvote posts. The benefit is new HP after 7 days.

But this is incomplete. I think the question is "Where did this value come from?"

The value comes from people who are willing to invest in Hive with their fiat dollars. Be it new people, or new fiat. Doesn't matter. When more people buy up Hive. Hive has more value.

*This is the way Hive has a price and can be exchanged for tangible stuff, or exchange of other services, or benefits.*

Now we turn to $LEO. A good example to use as an illustration.

LEO has value because it bestows similar curation rewards the way Hive does it when they are powered up.

However, something interesting is happening in LEO. The team in LeoFinance has rolled out new services associated with their LeoThread. In essence, LEO holders can now also earn by shitposting. This is itself a new experience likely to be valued by its user.

This causes more people to buy LEO with new fiat. Like I have shared in this [post](https://leofinance.io/posts/cryptothesis/taking-a-loan-from-myself-to-buy-leo).

With more LEO powered up, I can enjoy the potential of earning more curation rewards.

What is interesting is that LeoFinance doesn’t just stop there. Since people are viewing the posts and threads, advertisers are willing to pay for this thing call page view.

Suddenly, the value becomes more concrete. Someone who wants to sell stuff to LeoFinance users sees the value in exposing their ads there. And the advertisers have to pay for it. LeoFinance in turn use the earnings to buy LEO back from the open market and this pushes up the LEO price.

In short, LeoFinance becomes a valuable service on multiple fronts.

This creation of value and use case is what makes the tokens worth something.

Probably an incomplete answer, but hopefully it can spur some discussion in the comment section. And create more value.

![](https://images.hive.blog/0x0/https://images.hive.blog/DQmaQioiDMPpE4AcBKH6i9CPzpBZiqkEbReRYswysdbze8x/Screenshot%202022-06-21%20at%204.30.29%20PM.png)

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, @thatkidsblack, @graciousvic, @peniel2010, @deflacion, @jacoalberts, @limonta, @young-kedar, @svanbo, @sumotori, @zakludick, @poplar-22 and @hankanon!*

[What is Hive?](https://leofinance.io/@leoglossary/leoglossary-what-is-hive)

Posted Using [LeoFinance Alpha](https://leofinance.io/@cryptothesis/my-response-to-where-is-the-value-from-crypto-from-why-is-leo-worth-anything)

👍 leo.voter, arcange, kenny-crane, pishio, pouchon, slobberchops, psyberx, methodofmad, jasperdick, mituoshizhe, muratkbesiroglu, leofinance, svanbo, steemaction, bitrocker2020, mightyrocklee, jfang003, raiseup, p1k4ppa10, jacoalberts, khaleelkazi, sbi5, megavest, niallon11, gadrian, dlike, roleerob, awgbibb, dynamicrypto, clairemobey, masterrpgbot, gillianpearce, laruche, walterjay, zakludick, organduo, rmsadkri, cugel, cakemonster, skiptvads, shainemata, bnb-hive, cielitorojo, apokruphos, iptrucs, sorin.cristescu, takhar, cubdaily, asteroids, chloem, anonsteve, psyberxnode, jude9, b-leo, pboulet, pouchon.tribes, academician, p-leo, wrapped-leo, invest4free, elgatoshawua, liverpool-fan, jeffjagoe, jeanlucsr, and 210 others

properties (23)vote details (274)

voter	rshares	pct
kenny-crane	630,027,714,258	50%
jeffjagoe	4,148,029,351	0.3%
arcange	1,090,658,931,294	5%
awgbibb	24,477,678,132	100%
uwelang	2,305,649,365	4%
walterjay	17,557,472,372	1.62%
pouchon	455,593,770,521	10%
bitrocker2020	59,617,164,006	5%
arrliinn	2,667,335,143	2%
ew-and-patterns	538,480,632	10%
joeyarnoldvn	481,430,281	1.47%
khalil319	618,429,872	17.5%
jeanlucsr	4,120,467,565	7%
anikearn	2,508,733,190	10%
bahagia-arbi	604,153,765	35%
niallon11	32,893,806,632	2%
aidefr	507,143,009	2.6%
sorin.cristescu	8,944,547,714	1.62%
roleerob	26,629,447,799	5%
minloulou	1,253,713,308	17.5%
khaleelkazi	38,438,552,071	35%
liverpool-fan	4,422,009,188	17.5%
senorcoconut	1,354,285,823	2.5%
paulmoon410	1,465,192,707	10%
vintherinvest	537,733,701	5%
robotics101	910,645,932	3.25%
iptrucs	9,066,810,976	25%
vempromundo	1,137,144,631	17.5%
gillianpearce	18,806,588,997	100%
purefood	3,512,720,242	35%
dynamicrypto	22,415,644,783	7.5%
anna89	3,653,076,456	100%
zakludick	17,125,752,806	30%
organduo	14,184,989,994	35%
oadissin	1,127,641,444	5%
muratkbesiroglu	87,735,245,076	10%
sd974201	1,393,426,936	3%
gadrian	27,302,750,351	4%
elizabeth-22	749,581,855	17.5%
silwanyx	1,140,156,709	10%
imcore	864,703,365	10%
getron	1,132,668,608	10%
slobberchops	442,575,372,240	8.5%
zaxan	656,288,019	17.5%
sbi5	37,994,654,853	3.61%
gallerani	598,931,418	10%
rilo	657,745,133	17.5%
ireenchew	3,922,262,166	7%
raiseup	45,956,242,913	10%
dlike	26,859,058,560	10%
triptolemus	641,999,030	35%
steemaction	65,962,772,182	10%
pboulet	5,505,036,190	2.6%
cakemonster	12,271,305,217	17.5%
shainemata	11,493,318,395	5%
coriolis	2,725,826,646	5%
anonsteve	6,730,265,581	10%
flyingbolt	735,609,556	10%
apokruphos	9,319,184,048	3%
djbravo	3,777,474,303	100%
sumotori	1,154,079,009	11.3%
edian	2,945,471,900	10%
pervitin	1,634,204,413	5%
poliwalt10	1,026,140,864	5%
megavest	34,847,885,877	10%
shauner	2,019,137,706	17.5%
travelwritemoney	3,601,210,988	10%
mukund123	499,239,529	5%
leo.voter	12,621,196,190,514	10%
leo.curator	1,393,601,077	28%
learn.leo	759,888,898	35%
babytarazkp	3,422,759,194	40%
asteroids	7,201,996,268	35%
poam	799,404,176	34.65%
arctis	607,884,330	34.3%
agro-dron	1,986,564,575	10%
eloi	641,121,523	34.65%
refinement	697,350,764	35%
furtherance	625,405,327	35%
pouchon.tribes	5,285,762,283	7.5%
emeka4	456,447,306	5%
coinlogic.online	970,275,686	5%
chloem	6,992,759,522	35%
leotrail	1,346,796,281	35%
oelgniksivart	650,684,322	17.5%
antiretroviral	933,416,049	5%
autowin	681,559,467	35%
meosleos	674,329,959	34.65%
onestop	1,424,383,210	17.5%
vxn666	724,652,566	5%
lee1938	1,269,234,926	100%
leofinance	79,457,304,182	35%
x9ed1732b	3,526,261,143	9%
laruche	18,346,892,832	3.25%
jacoalberts	42,493,318,037	100%
andrewmusic	1,256,711,393	10%
invest4free	4,868,491,215	30%
rmsadkri	13,617,466,678	8%
ksam	525,344,311	1%
mightyrocklee	56,964,880,693	5%
wrapped-leo	5,012,472,370	35%
rohansuares	489,138,669	5%
ztfo	741,651,159	33.25%
bepresent	616,569,575	33.25%
jobar	738,420,893	35%
kaef	659,819,916	33.25%
gcomplex	638,113,497	35%
integrated	712,545,632	35%
hanez	806,240,089	35%
minebb	667,459,298	33.95%
plasticsoul	689,106,685	35%
scrpt	662,737,852	35%
druma	693,347,529	35%
ropehold	637,167,045	35%
infihedge	743,010,524	35%
strk	635,601,520	35%
stackfi	714,582,243	35%
hemerit	661,013,573	35%
midtrain	622,552,550	35%
starle	639,928,938	35%
thorc	628,168,342	35%
basechain	625,583,805	35%
flowc	626,763,627	35%
jfang003	55,013,382,197	20%
psgood	666,335,420	35%
tv-d	626,920,866	35%
reonarudo	683,005,448	5%
supersla	622,269,795	35%
alorian	627,985,292	35%
slat	622,117,482	35%
protoleo	622,574,298	35%
muski	634,497,911	35%
twrk	656,928,057	35%
eth2	688,436,628	35%
tslap	674,944,418	35%
hodol	668,429,418	35%
theco	678,913,745	35%
muskland	674,587,570	35%
jmsansan.hive	1,045,935,717	17.5%
hochismin	667,425,365	35%
finleo	641,058,330	35%
givup	678,513,699	35%
etheru	687,083,107	35%
leo.tokens	920,863,353	10%
bynd	687,771,511	35%
slobberchops.leo	0	100%
elong	677,683,205	35%
logroll	700,396,476	35%
outperform	682,932,030	35%
perfi	668,710,761	35%
foreo	681,169,379	35%
capsule	678,624,942	35%
sn8	679,550,144	35%
fundament	679,354,389	35%
index-a	666,379,175	35%
kropak	656,033,880	35%
bitbi	670,118,833	35%
cielitorojo	9,412,836,337	17.5%
feelfor	667,427,310	35%
mercador	658,416,524	35%
companyx	683,282,804	35%
hallogen	667,314,259	35%
hodldays	660,708,194	34.65%
mandawanda	680,970,287	35%
portfoliomargin	682,899,154	35%
fremo	659,094,062	35%
deliveries	664,419,313	33.95%
jackedup	649,375,579	33.95%
tierbtc	646,245,472	34.3%
compoundin	656,965,937	34.65%
frankjr	666,587,115	35%
waiting8	657,429,472	33.95%
starked	652,217,847	35%
mk2	641,857,175	33.25%
solymi	2,974,528,316	3%
ghostdrive	657,051,747	33.95%
thatbull	680,206,645	35%
heimdalla	668,182,060	34.3%
pitchleo	670,495,339	35%
hollywoodz	673,162,552	35%
zbh1	676,456,672	34.65%
blockhire	674,312,057	35%
f82	684,382,189	35%
natureway	683,621,086	35%
knowhere	674,004,067	35%
gamor	669,256,960	35%
dvision	674,299,579	35%
quantumant	683,350,481	35%
cvlwar	675,164,562	35%
sanctum	683,214,383	35%
challa	658,540,286	35%
apeople	680,750,983	35%
quantumblank	696,284,003	35%
endgames	798,100,079	35%
bananass	860,786,205	22.75%
justbuild	681,932,520	35%
realleader	695,993,060	35%
gohodl	682,626,665	35%
leverup	772,121,030	33.95%
justcapital	686,191,606	35%
reflecting	685,641,946	35%
buildhedge	674,221,768	34.65%
elgatoshawua	4,705,755,474	17.5%
seevision	671,724,917	34.3%
yellowstone	686,660,931	35%
floobrecords	522,422,010	17.5%
runify	695,273,336	35%
cybermusk	686,940,309	35%
cornerbreak	687,401,442	35%
findbalance	695,125,385	35%
saylorfy	708,370,535	35%
lasergang	687,288,625	35%
billionsight	672,223,184	35%
darkelon	686,672,272	35%
onemission	667,997,653	35%
totalrekall	690,544,738	35%
capitalcost	667,182,332	35%
b-leo	5,816,034,708	35%
stablefi	670,937,659	35%
ledg	694,178,675	35%
ironhot	694,010,935	35%
mylioness	688,421,192	35%
leoball	2,089,736,420	35%
pubgood	691,057,916	35%
bitjoins	666,726,470	35%
tolf	690,358,299	35%
hodlmi	671,930,642	34.3%
optionfreedom	647,466,203	35%
selectyourself	683,341,285	35%
brume7	1,375,889,490	17.5%
aichel	629,127,437	10%
mirteg	1,259,002,628	5%
robmojo.leo	1,008,029,334	28%
steentijd	2,724,189,076	5%
bokica80	484,231,154	5%
pishio	556,065,467,787	10%
hyun-soo	875,153,611	17.5%
cugel	12,313,238,904	17.5%
scrubs24	3,745,152,965	7.5%
trasto	535,257,111	5%
jude9	5,960,417,876	35%
psyberx	333,545,143,538	10%
mituoshizhe	117,477,946,654	100%
clairemobey	22,028,676,189	100%
academician	5,240,714,575	100%
svanbo	67,422,438,639	70%
waivio.welcome	677,265,617	1.34%
methodofmad	148,874,322,250	30%
saboin.leo	54,245,445	14%
femcy-willcy	875,150,575	17.5%
grabapack	1,436,002,636	5%
p-leo	5,012,978,671	35%
khaltok	886,880,607	10%
plicc8	887,336,934	10%
kaiggue	948,887,742	100%
psyber-x	1,478,023,335	10%
psyberx.witness	3,977,597,378	10%
jasperdick	138,666,196,755	80%
p-hive	2,151,869,625	35%
thoth442	724,943,550	5%
bnb-hive	10,874,557,247	35%
leo.tasks	155,208,976	10%
p1k4ppa10	43,472,391,504	5%
cubdaily	7,908,328,391	35%
olujose6	731,479,259	15%
abu78	649,498,095	3.5%
actordontee	1,925,437,000	17.5%
skiptvads	12,110,368,896	23%
lvlraker	1,684,171,071	5%
takhar	8,160,064,627	100%
psyberxnode	6,346,313,270	9%
unsubscribe	1,435,450,029	9%
masterrpgbot	19,695,110,328	10%
draupnir	943,605,830	35%

@balvinder294 · Jun 28 '23

!PIZZA
!LUV

properties (22)

`author`	balvinder294
`permlink`	re-cryptothesis-33d5bgdrb
`category`	hive-167922
`json_metadata`	{"app":"leothreads/0.3","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@balvinder294/re-cryptothesis-33d5bgdrb","isPoll":false,"pollOptions":{}}
`created`	2023-06-28 05:36:21
`last_update`	2023-06-28 05:36:21
`depth`	1
`children`	1
`last_payout`	2023-07-05 05:36:21
`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`	13
`author_reputation`	25,777,110,915,609
`root_title`	"My response to "Where is the value from crypto from? Why is LEO worth anything?""
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	124,845,569
`net_rshares`	0

@luvshares · Jun 28 '23

@cryptothesis, @balvinder294<sub>(1/1)</sub> sent you LUV. | <a
    href="https://crrdlx.websavvy.work/" style="text-decoration:none">tools</a> | <a 
    href="https://discord.gg/K5GvNhcPqR" style="text-decoration:none">discord</a> | <a href="https://peakd.com/c/hive-159259">community </a> | <a href="https://crrdlx.websavvy.work/wiki/doku.php?id=start"><img src="https://files.peakd.com/file/peakd-hive/crrdlx/23t7ev3YkMuKFJvDYRawU5ag19uSrFR689gAb1nBXN3TxNFD85vw2WUstaD5nu5ovWYR1.png"></a><a 
    href="https://crrdlx.websavvy.work/wiki/doku.php?id=start" style="text-decoration:none">HiveWiki</a> | <a href="https://ichthys.netlify.app" style="text-decoration:none"><>< daily</a>

<center>Type <code>! help</code> (no space) to get help on Hive. <a href="https://hive.blog/hive/@helphive/helphive-introduction" target="_blank">Info</a> <a href="https://hive.blog/@helphive" target="_blank"><img src="https://files.peakd.com/file/peakd-hive/crrdlx/23tc66FximNy5g3UyHckd43CbGEB5tAG9dXgDPZMqhzN5sfFfiAPkFoLRso2EHuuq9GZW.png"></a></center>

<center>Made with <a href="https://peakd.com/@luvshares" target="_blank"><img src="https://files.peakd.com/file/peakd-hive/crrdlx/AKKSsM8HYHY5o4R1UPRdUADTz5QpsKAxSH5uyxsK4k1AJz5wsBqm7TfvA8aSCjE.png"></a> by <a href="https://hive.blog/@crrdlx" target="_blank">crrdlx</a></center>

properties (22)

`author`	luvshares
`permlink`	re-re-cryptothesis-33d5bgdrb-20230628t053640z
`category`	hive-167922
`json_metadata`	"{"app": "beem/0.24.26"}"
`created`	2023-06-28 05:36:39
`last_update`	2023-06-28 05:36:39
`depth`	2
`children`	0
`last_payout`	2023-07-05 05:36:39
`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`	1,318
`author_reputation`	5,651,102,754,153
`root_title`	"My response to "Where is the value from crypto from? Why is LEO worth anything?""
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	124,845,574
`net_rshares`	0

@clairemobey · Jun 28 '23

$0.04

Oh wow. This is a fantastic explanation! I'm saving this for later. I get asked this question all the time. I'm like here: Look at the medical bills I paid or the shiny thing I bought, but for the average intelligent sceptic, that isn't enough. Thanks for this valuable post!

👍 cryptothesis

`author`	clairemobey
`permlink`	re-cryptothesis-2023628t12303613z
`category`	hive-167922
`json_metadata`	{"tags":["hive-167922","leofinance","proofofbrain","gems","neoxian"],"app":"ecency/3.0.41-mobile","format":"markdown+html"}
`created`	2023-06-28 10:30:36
`last_update`	2023-06-28 10:30:36
`depth`	1
`children`	0
`last_payout`	2023-07-05 10:30:36
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.020 HBD
`curator_payout_value`	0.020 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	276
`author_reputation`	345,514,922,737,599
`root_title`	"My response to "Where is the value from crypto from? Why is LEO worth anything?""
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	124,850,723
`net_rshares`	89,516,904,840
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
cryptothesis	0 B		89,516,904,840	100%

@djbravo · Jun 26 '23

As we all know and those who have been working on this platform for a long time it is a very good and trusted platform. And there are many ways to earn money on top of that there are some people who want to earn without investing so that is very good thing for them too but only it will not take time and your content in a good way. Will have to show up here. And the way we know that when the next market cycle comes around, we're going to see a lot of growth in that because the investor's eye is on it and the way we're looking at that is the leofinance. The team is doing very well.

👍 cryptothesis

`author`	djbravo
`permlink`	re-cryptothesis-2023627t1402780z
`category`	hive-167922
`json_metadata`	{"tags":["hive-167922","leofinance","proofofbrain","gems","neoxian"],"app":"ecency/3.0.32-vision","format":"markdown+html"}
`created`	2023-06-26 20:40:27
`last_update`	2023-06-26 20:40:27
`depth`	1
`children`	0
`last_payout`	2023-07-03 20:40:27
`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`	587
`author_reputation`	365,411,721,986,768
`root_title`	"My response to "Where is the value from crypto from? Why is LEO worth anything?""
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	124,802,936
`net_rshares`	7,079,527,847
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
cryptothesis	0 B		7,079,527,847	10%

@hivebuzz · Jun 28 '23

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/replies.png?202306281450"></td><td>You got more than 3000 replies.<br>Your next target is to reach 3250 replies.</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>



**Check out our last posts:**
<table><tr><td><a href="/hive-122221/@hivebuzz/pud-202307"><img src="https://images.hive.blog/64x128/https://i.imgur.com/805FIIt.jpg"></a></td><td><a href="/hive-122221/@hivebuzz/pud-202307">Hive Power Up Day - July 1st 2023</a></td></tr><tr><td><a href="/hive-106258/@hivebuzz/hivefest-trf-2023"><img src="https://images.hive.blog/64x128/https://files.peakd.com/file/peakd-hive/hivebuzz/23wC7eJH6F57ZLKQHzTxzC23zx8AzVrmxWD6PyZtoHcCjQafpgtZyNrpVjoVY1cYLKmYH.png"></a></td><td><a href="/hive-106258/@hivebuzz/hivefest-trf-2023">Announcing the Travel Reimbursement Fund for HiveFest⁸</a></td></tr></table>

properties (22)

`author`	hivebuzz
`permlink`	notify-cryptothesis-20230628t151237
`category`	hive-167922
`json_metadata`	{"image":["http://hivebuzz.me/notify.t6.png"]}
`created`	2023-06-28 15:12:36
`last_update`	2023-06-28 15:12:36
`depth`	1
`children`	0
`last_payout`	2023-07-05 15:12:36
`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`	1,269
`author_reputation`	369,783,235,436,312
`root_title`	"My response to "Where is the value from crypto from? Why is LEO worth anything?""
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	124,856,738
`net_rshares`	0

@iskawrites · Jun 26 '23

$0.05

Your analysis demonstrates a deep understanding of the underlying dynamics that contribute to the worth of these tokens.  

What I find most admirable is your ability to connect the dots and paint a vivid picture of how value is derived from various sources within the crypto ecosystem. 

And I love how you  explained the significance of investor demand, the practical benefits of staking tokens, and the innovative services offered by LeoFinance.  

Great response. I hope she finds it helpful.

👍 cryptothesis, onealfa.leo, khaleelkazi, nikoleondas, b-leo, p-leo, wrapped-leo, rival, moonappics, oakshieldholding, onealfa.vyb

`author`	iskawrites
`permlink`	re-cryptothesis-rwvcps
`category`	hive-167922
`json_metadata`	{"tags":["hive-167922"],"app":"peakd/2023.6.5"}
`created`	2023-06-26 16:35:15
`last_update`	2023-06-26 16:35:15
`depth`	1
`children`	2
`last_payout`	2023-07-03 16:35:15
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.024 HBD
`curator_payout_value`	0.023 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	497
`author_reputation`	127,562,709,181,980
`root_title`	"My response to "Where is the value from crypto from? Why is LEO worth anything?""
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	124,794,808
`net_rshares`	113,747,006,780
`author_curate_reward`	""

properties (23)vote details (11)

voter	rshares	pct
rival	1,233,531,108	12%
nikoleondas	4,715,558,194	12%
khaleelkazi	10,869,844,003	10%
oakshieldholding	488,643,438	4%
onealfa.leo	23,626,268,315	4%
moonappics	1,156,518,871	15%
wrapped-leo	1,386,308,164	10%
b-leo	1,629,354,216	10%
cryptothesis	67,254,528,662	100%
onealfa.vyb	0	15%
p-leo	1,386,451,809	10%

@cryptothesis · Jun 26 '23

Thanks for reading and sharing your thoughts!

properties (22)

`author`	cryptothesis
`permlink`	re-iskawrites-2023627t03754957z
`category`	hive-167922
`json_metadata`	{"tags":["hive-167922"],"app":"ecency/3.0.41-mobile","format":"markdown+html"}
`created`	2023-06-26 16:37:54
`last_update`	2023-06-26 16:37:54
`depth`	2
`children`	1
`last_payout`	2023-07-03 16:37:54
`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`	46
`author_reputation`	122,665,470,058,948
`root_title`	"My response to "Where is the value from crypto from? Why is LEO worth anything?""
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	124,794,871
`net_rshares`	0

@iskawrites · Jun 26 '23

$0.03

My pleasure, sir

👍 dustsweeper, cryptothesis

`author`	iskawrites
`permlink`	re-cryptothesis-rwvdbe
`category`	hive-167922
`json_metadata`	{"tags":["hive-167922"],"app":"peakd/2023.6.5"}
`created`	2023-06-26 16:48:12
`last_update`	2023-06-26 16:48:12
`depth`	3
`children`	0
`last_payout`	2023-07-03 16:48:12
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.014 HBD
`curator_payout_value`	0.015 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	17
`author_reputation`	127,562,709,181,980
`root_title`	"My response to "Where is the value from crypto from? Why is LEO worth anything?""
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	124,795,109
`net_rshares`	69,099,982,636
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
dustsweeper	0 B		62,032,399,502	7.27%
cryptothesis	0 B		7,067,583,134	10%

@jfang003 · Jun 27 '23

$0.03

I agree. The project needs to generate value for that token and I like how LeoFinance can finance itself without anyone else. They are also keeping value in the token through the bounty buybacks and maybe even the ad buybacks in the future.

👍 cryptothesis

`author`	jfang003
`permlink`	re-cryptothesis-2wxhbvxh2
`category`	hive-167922
`json_metadata`	{"app":"leothreads/0.3","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@jfang003/re-cryptothesis-2wxhbvxh2","isPoll":false,"pollOptions":{}}
`created`	2023-06-27 07:49:21
`last_update`	2023-06-27 07:49:21
`depth`	1
`children`	0
`last_payout`	2023-07-04 07:49:21
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.016 HBD
`curator_payout_value`	0.017 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	240
`author_reputation`	645,581,736,238,717
`root_title`	"My response to "Where is the value from crypto from? Why is LEO worth anything?""
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	124,818,571
`net_rshares`	77,919,846,841
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
cryptothesis	0 B		77,919,846,841	100%

@lee1938 · Jun 28 '23

https://twitter.com/lee19389/status/1674012236048920576
#hive #posh

properties (22)

`author`	lee1938
`permlink`	rwyn19
`category`	hive-167922
`json_metadata`	{"tags":["hive","posh"],"app":"hiveblog/0.1"}
`created`	2023-06-28 11:10:21
`last_update`	2023-06-28 11:10:21
`depth`	1
`children`	0
`last_payout`	2023-07-05 11:10:21
`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`	67
`author_reputation`	47,737,559,174,442
`root_title`	"My response to "Where is the value from crypto from? Why is LEO worth anything?""
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	124,851,498
`net_rshares`	0

@lovinggirl · Jun 27 '23

https://twitter.com/LovingGirlHive/status/1673599104402984960

properties (22)

`author`	lovinggirl
`permlink`	rwwj0m
`category`	hive-167922
`json_metadata`	{"app":"hiveblog/0.1"}
`created`	2023-06-27 07:48:24
`last_update`	2023-06-27 07:48:24
`depth`	1
`children`	0
`last_payout`	2023-07-04 07:48:24
`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`	61
`author_reputation`	25,203,976,142,905
`root_title`	"My response to "Where is the value from crypto from? Why is LEO worth anything?""
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	124,818,557
`net_rshares`	0

@pizzabot · Jun 28 '23

<center>PIZZA!


$PIZZA slices delivered:
@balvinder294<sub>(2/5)</sub> tipped @cryptothesis 


</center>

properties (22)

`author`	pizzabot
`permlink`	re-my-response-to-where-is-the-value-from-crypto-from-why-is-leo-worth-anything-20230628t053645z
`category`	hive-167922
`json_metadata`	"{"app": "leothreads/pizzabot"}"
`created`	2023-06-28 05:36:45
`last_update`	2023-06-28 05:36:45
`depth`	1
`children`	0
`last_payout`	2023-07-05 05:36:45
`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`	105
`author_reputation`	7,623,823,217,660
`root_title`	"My response to "Where is the value from crypto from? Why is LEO worth anything?""
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	124,845,575
`net_rshares`	0

@takhar · Jun 26 '23

$0.03

I think it's a great answer! I clearly didn't see it that way before. It seems the larger the network effect Hive has, the more valuable the token becomes. It's the same and more for LEO. LEO is building tangible foundations of value.

👍 cryptothesis

`author`	takhar
`permlink`	re-cryptothesis-2023626t22530844z
`category`	hive-167922
`json_metadata`	{"tags":["hive-167922","leofinance","proofofbrain","gems","neoxian"],"app":"ecency/3.0.32-vision","format":"markdown+html"}
`created`	2023-06-26 22:05:33
`last_update`	2023-06-26 22:05:33
`depth`	1
`children`	0
`last_payout`	2023-07-03 22:05:33
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.016 HBD
`curator_payout_value`	0.017 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	235
`author_reputation`	102,710,108,108,364
`root_title`	"My response to "Where is the value from crypto from? Why is LEO worth anything?""
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	124,805,087
`net_rshares`	75,780,244,587
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
cryptothesis	0 B		75,780,244,587	100%