Going All In On Hive

Tribalism is something that is viewed as a cancer within the crypto industry. This is interesting because it appears to be a human characteristic. The ability to assemble, based upon whatever variables people use, is a part of human history.

For much of that time, naturally, it was based upon geography. This is now being eradicated with the Internet and the ability to communicate with people all over the world.

Nevertheless, the idea of assembly still holds. In fact, our economies are still centered around this concept.

Whether it is religion, sports, politics, entertainment, education, or friends hanging out, there is going to be some type of common interest. This can extend to age, hobbies, and an assortment of other activities. Some enjoy golf while others are into tennis.

As we push further into the digital world, we see concepts such as digital real estate, network-states, and volunteerism being discussed. To me, these are all in alignment the other ideas.

Freedom To Choose

Blockchains networks offer the potential for people to choose. By this we are referring to the governance system they want to operate under. It is obviously something that is not present in our lives since, for the most part, our governance system is determined where we were born.

This is where the concept of "the lucky sperm club" come in. If we were fortunate enough to be conceived in the right area, to the right people, we have a much different experience as compared to billions of others.

In the digital realm, movement is much easier. There is also the freedom to choose where one focuses his or her attention.

That means, when it comes to an ecosystem like Hive, nobody is forcing anyone to be here. People are free to enter, or exist, as they see fit.

It also means that people get to choose who committed they are to building what is required. Being a trailblazer carries with it certain characteristics. This was true for much of history. Nothing has changed. The reality is most are not cut out for it. There are a lot of obstacles that come with being an early adopter.

Hence, each person has a choice to make. This is what volunteerism is all about. For most, when it comes to Web 3.0, they are not even aware it exists. For most who do, they are really doing little to carry things forward.

Nevertheless, we have to keep delivering the message of what these new systems will look like. We are not simply dealing with online social media or a series of new games. This is much bigger.

Restructuring Of The Entire Economy

Blockchain systems are going to restructures the entire economy. Read that again.

We are seeing something not seen in over 150 years. The last time we witnessed something this revolutionary on an economic scale was the shift from agriculture to industrial. Even the digital age (the era of the microprocessor) will pale in comparison.

The Internet, as we know it, was just a primer for what is to come.

We often discuss the idea of the network-state. In simple terms, it is the digital replacement for the nation-state that we are so familiar with. This means that many of the components found within nations are going to be resident on these digital networks.

Here is where tribalism enters the picture.

Many believe that multi-chain is the future. This could well be the case in terms of the idea of bridging. We can think of this as a national highway system that links different parts of the country together. However, this is simply a transportation mechanism.

To me, the focus is going to be on the primary ecosystem one chooses. This means "going all in" on something like Hive. Why is that? The answer lies in this is where the results can come from.

As stated, we are restructuring the entire economy. It means we have a totally different basis for operating.

For example, many reading these words have Netflix. They also have Pandora or Spotify. X is a platform used for social media. Amazon or Alibaba could be where one shops. CNN, BBC, or Fox might be the news source.

The question becomes who benefits from these services and what does the individual get out of it?

We all know the answer to this. Here is where the Web 3.0 design disrupts everything. It is also how the economy completely shifts.

What happens if all those services are available from the members of one's "tribe"? In other words, the network-state is providing the digital services along with many in the physical world that are a daily part of people's lives?

To take it one step further, what happens when an individual has a vested financial interest in each. Tokenization brings a new layer of economic activity that is not captured within the present system. Nobody directly financially benefits from the growth in GDP. Sure, the individual components do but where is the value capture of the entirety? It does not exist.

With ecosystems built on blockchain, they do.

Going All In On Hive

Stop bitching a fix it.

This might seem controversial to many but we have to harken back to the trailblazer idea.

When the first settlers when into an new area, did they bitch to others about how hard it was? Did they call for other people to fix things? Do you think the buildings, legal system, and businesses magically showed up? If there was a river and no bridge, what did the people do?

Again, these are obvious answers.

People had no choice. They stepped up and did what was required.

If we understand the concept of the network-state along with how all of this will unfold, it becomes clear. Those who are all over the place, even within Web 3.0, are going to see lackluster results. Many will disagree since the focus tends to be solely on price action. We are not talking about bull runs, Lambos, and green candles.

Instead, we are talking business.

Do start ups go into hundreds of locations from the beginning? Are they involved in dozens of different markets?

This is not how it is done. Instead, they start in one area and spread. As resources become available and, if in the digital realm, different network effects kick off, they then expand.

So when setting up a settlement, what is the first thing to look for? It start with the land. There needs to be good soil for planting of food, access to water, and maybe some attributes that can provide defense such as being on a plateau.

For Web 3.0, this equates to the blockchain network. This is the foundation upon which all is built upon.

If the network sucks, ultimately the ecosystem will have issues. We can see this already forming as some networks simply are not worth the time. To me, Hive does not fit into the category.

Once the land is claimed (staked), what comes next. Time to build. Those who are settling take responsibility for what is happening. In reality, they have no choice. Nobody is going to come and help them. The development of the community, on all levels, is up to them.

Here is where many systems are lagging. While the base layers are receiving focus, what else is happening? There are few owners in this realm as of yet. Most simply want to approach as users.

Of course, they want the wealth that comes with it yet seem averse to the effort required.

Wealth is not money. If that was the case, countries could generate enormous wealth for their populations imply by expanding the money supply. We know this is not the case.

Instead, wealth is economic productivity. Building businesses, in all its forms (i.e. an economy), is wealth. Money is a tool to achieve that end, but not the end itself.

Hive offers an opportunity. That is all anyone is guaranteed. Here we have a choice of whether to cross the Rubicon or nore. As they say, opportunity usually shows up disguised as work.

The masses tend to be laggards. They want to benefits of being a trailblazer, early to the game, yet lack the willingness to truly join in. It is akin to comparing your life with that of someone famous or successful. We want all the benefits of that person's life without the problems they go through.

We want to cherry pick the good and leave the bad behind. That is not how life works.

Hive is no different. Those who are going to massively succeed will be the ones going all in. It really is that simple. While we are restructuring the economy, we are still dealing with some basic economic and business principles.

There is choice to make. As we move ahead over the next 24-36 months, this will become clear.

What decision each person makes is up to them. Unfortunately, most will make a decision by not making a one. They will default to inaction.

Disruption is taking place on many levels. There is an opportunity to position oneself to take advantage. This means making some firm decisions about what one is going to do.


What Is Hive

Posted Using InLeo Alpha



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Not all blockchain platforms can actually offer what hive has and one of it is the freedom to choose among the various options quite available

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I keep working towards how I can go all in on hive.
I love it here and I hope for the best in years to come.

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I don't think we're there yet. I love writing here, making VLOGs and having conversations with other Hiveans, but I do it as a hobby AND to build a stash for when the amazing use cases of this ecosystem get "discovered" by some more successful web3 projects and individual users. When we see $HIVE trading at $1, then it might be feasible to use it as another stream of income. That's for me.

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Yes, we're definitely not there yet.. It's cool you're already doing it as a hobby, for me am just a part-time user for now.
With $Hive, we can only hope for new highs without being so exaggerative with it.

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Well said friend, decentralization cuts off the tribalism nature of life. Got your idea there too 'money is not wealth'. This is what I have been saying many times in my article, we need to value this chain more than just price swing. It's an opportunity to build something very big.

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Wealth is business.

Business brings more money...money does not bring more business.

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Im not all in but close to all in on Hive, my time is on Hive although I still have BTC besides Hive, although its hard to get everyone on the same boat and thats when those will call others lucky onces they made it, web 3 does have that element to combine tokenization with the need of information, most of the time you mention there is nothing on Hive that can offer to other ppl but is also hard to change ppl mindset about how to stay at least active because they do stay on Hive although are not constantly active at Inleo, just a question that I havent figure the answer, in the meantime there is no other way that for the few who are here to keep trucking until the wheel gets enough tracking, the "lucky" ones

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I didnt mean it so much as from an investment perspective. Having different investments could be a sound idea.

My viewpoint was more from the focus and attention perspective.

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Tribalism is the only thing that will save our nations. It is the most natural thing in the world. We have it through race, religion, philosophy, music, etc.
We look out for our own and our strongest tye is the tribe we relate with most at our core.
What connects on Web 3, well for me it is Hive.
In pure crypto currency, it is Monero.
These two to me are very different but community surely ties them together.

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Can Hive process the data volume of an amount of dozens of millions active users? How will that impact on the capacity of have a cheap Hive node?

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Blocktrades is always hard at work on scaling. Obviously more infrastructure is needed to keep processing the traffic. API are certainly a bottleneck that is alleviated by projects running their own.

Scaling is important and we saw how the last hard fork reduced the size of the database by almost 50%.

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Read that again.

I did. It has a typo and I had to read it twice.

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I think with the way the network is currently, we've got plenty of functionality to build on. Sure it has node issues from time to time and not all front ends are as snappy as most people would like, but you know what? the blockchain is solid, fast and free, and that's what projects need.

That's why when asked the question Is the future of Hive community-based or business backend? I believe business backend will have the biggest impact on the growth of this ecosystem.

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I still believe in the saying of "Don't pull all your eggs in one basket". Majority of my crypto assets are in Hive, I have a few crypto in other blockchain, but I still have my stock investments. Among the different blockchains I've used or interacted, I firmly believe in the potential of Hive. I don't think I can offer much to help it grow, other than supporting the different apps and projects being released here.

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I was not talking about an investment perspective.

Don't pull all your eggs in one basket.

The richest people in the world disprove this concept.

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I was sharing how I am using my investment perspective to choosing and supporting a blockchain. I have majority of my crypto in Hive, but I don't want to go all in on it, that's why I have a few assets in other blockchains as well.

The richest people in the world disprove this concept.

The concept came from Buffet, one of the richest people in the world. Checking the companies of Bezos and Musk, they seem to be pretty diversified and not all in one basket as well.

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Hive has a vast array of land still u explored ripe for development

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The thing about building, few will get it, untill it is built.

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