Viewing a response to: @leofinance/our-vision-to-build-a-deeply-liquid-derivatives-exchange-for-hive-and-hbd
>This is an important time to focus on building real utility for tokens. BTC, naturally, is chief among the "real utility" aspect of cryptocurrencies. HIVE is a close second for us. What is the utility of BTC? This is something hard to see. It isnt a medium of exchange since they are pushing the payments to the second layer. It has to be something else, which I am not sure has really been defined at this point. Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-leofinance-5fs7rg)
| author | taskmaster4450le |
|---|---|
| permlink | re-leofinance-5fs7rg |
| category | hive-167922 |
| json_metadata | {"app":"leofinance/0.2","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@taskmaster4450le/re-leofinance-5fs7rg"} |
| created | 2022-11-17 18:06:45 |
| last_update | 2022-11-17 18:06:45 |
| depth | 1 |
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| cashout_time | 1969-12-31 23:59:59 |
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| root_title | "Our Vision to Build a Deeply Liquid Derivatives Exchange for Hive & HBD" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 118,410,908 |
| net_rshares | 8,623,762,559 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| khaleelkazi | 0 | 4,852,283,586 | 5% | ||
| steem-key | 0 | 2,813,259,245 | 100% | ||
| b-leo | 0 | 958,219,728 | 5% |
> *What is the utility of BTC? This is something hard to see.* Trustless, uncensorable, unseizable transfer of a scarce (fixed supply of 21,000,000) digital asset between more than 100 million distributed individuals accepted by 15,000 businesses, found on 500+ exchanges, with thousands of trading pairs. Not to mention with a huge first mover advantage. Bitcoin has huge utility. If you need to find out more about Bitcoin, you can pick up a copy of [The Bitcoin Standard](https://a.co/d/ddbAJQK) by Saifedean Ammous.
| author | alex-rourke |
|---|---|
| permlink | re-taskmaster4450le-rmg418 |
| category | hive-167922 |
| json_metadata | {"tags":["hive-167922"],"app":"peakd/2022.11.2"} |
| created | 2022-12-06 01:27:12 |
| last_update | 2022-12-06 01:27:12 |
| depth | 2 |
| children | 0 |
| last_payout | 2022-12-13 01:27:12 |
| 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 |
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| body_length | 523 |
| author_reputation | 155,996,480,599,210 |
| root_title | "Our Vision to Build a Deeply Liquid Derivatives Exchange for Hive & HBD" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 118,884,396 |
| net_rshares | 0 |
IMO it's the original idea of BTC itself. It's not a medium of exchange, it's a decentralized, sovereign and mathematically-verified storehold of wealth. BTC is gold 2.0. That's the narrative I've always bought into and believe it's the "correct" one Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@leofinance/re-taskmaster4450le-cs5dm)
| author | leofinance |
|---|---|
| permlink | re-taskmaster4450le-cs5dm |
| category | hive-167922 |
| json_metadata | {"app":"leofinance/0.2","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@leofinance/re-taskmaster4450le-cs5dm"} |
| created | 2022-11-17 19:38:33 |
| last_update | 2022-11-17 19:38:33 |
| depth | 2 |
| children | 0 |
| last_payout | 2022-11-24 19:38:33 |
| 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 | 355 |
| author_reputation | 717,484,596,944,028 |
| root_title | "Our Vision to Build a Deeply Liquid Derivatives Exchange for Hive & HBD" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 118,412,726 |
| net_rshares | 0 |
hiveblocks