### Detailed Summary of the Episode

In this episode, TheyCallMeDan discusses the value proposition of the Hive blockchain and the importance of open debates within the Hive community. He begins by acknowledging that the value proposition of Hive may not be as obvious as other cryptocurrencies, given the complexity and number of moving parts involved. However, he is confident in the long-term value of Hive and is eager to explain his perspective.

#### The Importance of Building on a Strong Foundation

Dan emphasizes that it is crucial to build a strong, secure, and scalable foundation for a blockchain project, rather than trying to "jerry-rig value props into the main code." He points to the example of Ethereum, which provided the infrastructure and tools for developers to build innovative applications on top of the platform, rather than trying to incorporate all the business logic into the core protocol.

#### The Value Proposition of Hive

According to Dan, the core value proposition of Hive lies in its ability to provide censorship-resistant, immutable storage for text. He compares Hive to Bitcoin, where the blockchain serves as "censorship-resistant space for your number," and Hive provides the same for text. Dan believes that this use case alone is a multi-billion dollar opportunity, even if the market has not yet fully recognized it.

#### The Growth of Hive-Based Applications

Dan points to the success of LeoFinance as an example of the type of "killer app" that can drive the growth of the Hive ecosystem. He envisions a future where Hive hosts thousands of such transaction-hungry applications, which will in turn increase the demand for Hive's resources (such as Resource Credits) and drive up the value of the Hive token.

#### The Importance of Marketing and Community Engagement

Dan acknowledges the challenges of effective marketing, but emphasizes the importance of consistent effort and community engagement. He encourages Hive supporters to share their projects and ideas, as he is eager to help connect them with potential collaborators or investors. Dan also calls for more open debates within the Hive community, where different perspectives can be aired and discussed constructively.

#### Conclusion

In conclusion, Dan presents a compelling vision for the long-term value of Hive, centered around its ability to provide a secure, censorship-resistant platform for text-based applications and communities. He urges the Hive community to engage in open debates, collaborate on new projects, and continue to build and market the ecosystem, as he believes these efforts will ultimately be rewarded by the market.

---

*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.*

When I started blogging, back on Steemit and not so long ago, I didn't understand much about the concept & technology, besides that one can earn some real profit from stuff like visual arts, writing or whatever is able to create ... and the word was out, that is possible to find contacts and the audience to achieve that. It was hard, frustrating at first, It absolutely requested more work than I imagined, more ideas and consistence ... but it was also kind of fun in an engaging way, I could see the thing moving and my power growing. I started with less than basic knowledge of English learned through some video games and now I'm having fun communicating pretty freely in this strange language :D. When the Steemit takeover crisis arrived, I started to learn more about the technology, ideas and what this is all about, and became really passionate now on HIVE. 

One Thing that I heard in your video, and is stuck for quite some time in my mind, is - HIVE currently produces tons of great and interesting content, I mean people on HIVE produce it - it can be long until this becomes a widely known fact.
From time to time, I take a look at others platforms that are working on similar ideas, and I publish something there occasionally - and nothing gets even close to what I see here. 

So when I publish something here, I'm doing it like I'm managing my own web page ... it has to be the best, or almost the best that I can offer that day ... or it has to be a bit funny, at least ;). When someone from my old Facebook, and real life contacts here in my Croatian, Balkan area, asks me what I'm doing lately - I send them a link to my HIVE posts, this is my official portfolio.

It's a cool place for a portfolio ... and when you publish stuff that you believe in, stuff that you have fun creating without calculating much, people notice it and becomes rewarding for you and the community.

These are my few thoughts and memories about HIVE ... and a little idea that I had today while watching your video - HIVE not just like a storage, but a portfolio and a place to grow, in more than one sense ... although it can be all that and much more, of course.

And yes, it's cool video ... inspirational in a cool way.

I'm still thinking is it a good idea or not to cut the reward pool of the base token from author/curation and make it just for staking rewards, governance, dao etc. 

This if we finally get those other tokens. One reward pool is hard to scale as we all know. 

Probably get the tokens out in the next hf and after that in some next hf revisit the reward pool on hive.

Also improvements in the government model... one token, one vote? Something else?
Further down the road reputation enhanced dpos? Time factor in the stake weight? Or something like this.

It's actually super embarrassing how bearish people have gotten on Hive simply due to the floundering price action of late.  Even more embarrassing are the LEO guys who think LEO will moon but Hive is doomed. Everything is connected. 

Yo! Thanks for your passion and vision, @theycallmedan. I've watched your last several videos, and love your energy. Also, sincere condolences on the recent passing of your Mom. Your steadiness during this time truly inspires. 💐

I started on Steemit. Missed the Justin Sun drama, entirely. And recently returned as a content creator. I'm so disgusted with all the harmful manipulation on other platforms, that I RAN back here to exercise and enjoy free speech. As a truthful writer and speaker, Hive's censorship-resistance is everything to me. So I was really grateful to be able to easily hop back on my bike, and ride, so to speak. I'm more poet than technologist, but I have deep appreciation for the developers here who created the apps  and functions that made re-entry to the new platform possible. (I bumbled along, but found my way!)

I sense a low-ish morale about price, but for some reason, I personally feel extremely unphased by it. Like you, I am more obsessed with the CAPACITY of this blockchain to allow me to live free by circumventing all the evil bullshit in Babylon, and building with like-minded, positive visionaries.

I'm completely migrating off Facebook and Instagram, and am finalizing a post that will invite my (modest) networks to join me here, and will explain why -- as a liberated creator -- I am seeing far beyond current price. I see a large part of my digital destiny being here, because I see how the Hive blockchain can support creativity, inspiration, and even ascension. (I will elaborate on that last statement in a future post.)

I want to build a writing school, and listening lounge here. I want to bring soulful rewards to this ecosystem, because of how it rewarded me years ago. (It fed and sheltered me, despite my crypto-clumsiness.)

I enjoy collaboration more than debate, and hope to partner with a programmer or two who might feel resonance with some of my stated goals. 2021 can be the year of beneficial mash-ups! Your optimism is priceless, and truly appreciated.

Re: your unorthodox video posting schedule... is it connected to the (full) moon? If no one guesses, please still reveal what it is!

Congratulations @theycallmedan! 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/@theycallmedan/upvotes.png?202012072159"></td><td>You distributed more than 58000 upvotes. Your next target is to reach 59000 upvotes.</td></tr>
</table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@theycallmedan) 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>



**Do not miss the last post from @hivebuzz:**
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Tokenized communities is the reason why I liked @ned despite all the mismanagement (before he sold out). I don't know if he is the one who came up with that vision but it's pure genius. 

I think we should rush in with first layer SMTs for HF25, even if they are very basic and not upgradeable. 
Then create a second layer for smart contracts tokens which will be a lot more advanced but will also take very long to develop and mature imo.

The debate will come up soon when blocktrades posts about that but I'm hopeful we won't go for "second layer only" tokens, simply because I believe it will take way too long.  

First layer code is done. If we want a few extra smart contracts we can simply add them to the Steemit Inc code without compromising scalability, because a small amount of extra smart contracts is okay on the first layer, as long as it remains limited forever. 

For exmaple, SMT inflation is already customizable in Steemit, inc's code. This is a smart contract. We can add a few more simple ones, but let's do it for HF25. 

Watched the video and enjoyed listening!

> Marketing is about who you know. 

This is very important takeaway for me to upgrade my own Twitter game to bring massive long value to HIVE. I need to start reach out to people and make more connections by engaging more with the people who're not part of HIVE.

Feedback for 3Speak:

When I view the text on 3speak it's looks perfect, not so good with hive.blog


![Screenshot 2020-12-04 at 23.55.04.png](https://images.hive.blog/DQmSPy2QiuJbU5SUZusDUtCxW65EYs2d6n6hbukxowULYtL/Screenshot%202020-12-04%20at%2023.55.04.png)


![Screenshot 2020-12-04 at 23.55.41.png](https://images.hive.blog/DQmVJCo5ZmYD6BUw3m17GQhSvxFogzsJrHK3pfRxGBc5EXa/Screenshot%202020-12-04%20at%2023.55.41.png)

That vision started after seeing what wasn't working happen time and time again.  Big names with no comments under their posts, relying on existing stakeholders to establish a revenue stream.  *That doesn't work, of course, and they end up taking their earned stake and leaving, thinking the platform is broken, or they stick around just to milk rewards out of the system with the same instances of content that can be found in every corner of the internet.*    

The biggest name in the world can show up to publish content here.  If they don't bring any consumers from the outside, they will be no bigger here than that virtual unknown who published their *introduceyourself post* last week.  Of course, if that *big name brand* has no idea consumers get a better deal and fair shake here, they have no way of knowing how to sell the platform to those who'd prefer to throw their money away supporting that content on other platforms.  Without outside consumers it's impossible to create a consistent revenue stream so if someone has thousands of those people on the outside, leaving them there is like starting up a shop but keeping the doors locked.

One big name content creator with a brain could come along, attract paying consumers/stakeholders, then advance to the next level of creating their own community and their own token.  One content creator with one massive outside fanbase could instantly make LEO's success seem mediocre at best.  That consumer buying power is a force to be reckoned with and when combined with a token minus all instances of irrational crypto investment practices, people will finally get to see the true potential of tokenized communities.

Every day I wake up pissed off that I don't have a large outside following because it would be so much fun just to *show* people what the fuck I see in all this instead of trying to explain it all a million different ways.    

     

Excelent content congratulatios

https://twitter.com/PowerGames8/status/1334630383195992066

You tweet?

I thought that was a no no according to Mr Jack and his gang of censors.

good to hear you with a normal voice and not Darth Vader :)


Edit: About Infrastructure, I would love to see decency or condenser like a WordPress (CMS) installation. With Smart media tokens, a not super-duper techy like me can onboard for example gamers for a gaming community on hive.