Vote Value Is Now Worth Two And A Half Times Unemployment Payments In South Africa

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Today my vote value on Hive ticked over to $0.50 for the first time and is like a mini milestone achieved. Considering Hive is at 15c and not worth that much I am hoping the voting value can only go up from here. Maybe a drop to 45c, but with more staking highly unlikely.

When I started just on 3 years ago all I ever wanted was to have a vote that registered when I voted. Climbing up from the 0.001 vote value to the 0.01 value took months to achieve. Having a value behind your name when you vote and not a dust vote took roughly 4 or 5 months back then and it was really hard work.

50c doesn't sound like much, but in South Africa that is about R8.00 today and x10 per day over a month would earn someone R1200 just from voting posts. Putting that into context here that is about 1 weeks salary of the average worker. This would be enough to transform someones life here not by much, but definitely make a difference.


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Queuing for the lock down unemployment grants. We are lucky to have something like Hive as we at least have a back up plan.

During the lock downs the Government was handing out their unemployment payments of R500 per month and people literally queued for days to receive them. R500 is nothing unless you have nothing I suppose and to think my vote would make two and a half people smile and happy is quite scary.

We all know the volatility of crypto and what is possible so a $1 Hive would be nearly 7 x that and R8000 would be like two months salary for many. For us it seems like nothing yet in many places around the world this is a decent income. I would need an extra zero before my ears would prick up, but still it shows what steady growth and consistency can achieve.

For Hive to be valuable to a large proportion of the World population it doesn't need to hit the highs and $1 would change many lives. Yes they would need some stake and possibly a year or two of growth and hard work then they could easily be self sufficient. This is not a huge sacrifice considering what conditions some people survive in already. Poverty and starvation is not something we like to see and considering we are in 2021 this should not be a thing today yet it is. Hive could help conquer many of these issues over time with mass adoption and loads of guidance and education.

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Nice growth you've had. I remember your 0.01$ upvote days lol, small drops of water do really make an ocean. 1$ hive is going to be wild for me as well, a stable 1$ is even going to be much more interesting.

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I remember those days as well as you were like a whale to me back then. That wasn't that long ago but seems like ages. We have come a long way. $1 being stable is more important than anything else as stability is what we need.

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Lol...I'm still looking forward to those heavy upvotes we talked about back then...

$1 being stable is more important than anything else as stability is what we need.

I couldn't agree more

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I think my vote is around $0.18 which is around R810 a month, for just voting which is pretty crazy as it just keeps compounding and getting bigger

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Yep and that is when Hive is cheap at 15c so when it is $1 or $5 one can imagine the value it will have over one month. I just want to see some stability of it staying above $1 so we can do other things and maybe buy into other cryptos.

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We will likely see a duplicate of that on Leo with the stake there plus the payouts on the projectblank application.

A lot of good stuff coming.

You are right going to change the lives of millions.

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At this point, considering the technological level humanity has achieved and the resources we have, poverty shouldn't exist anywhere in the world. Regardless, that exists though and shows how greedy and indifferent towards what makes us human, the world leaders are. I hope Nigeria will will somehow circumvent the government's plan on making their crypto lives though and see people around here managing to make a living out of the prospects Hive has to offer.

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That's a huge upvote value on Hive. I remember having 1 worth a few bucks when we had that big run up in price, that was a lot of fun.

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Congratulations @cryptoandcoffee! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You distributed more than 27000 upvotes.
Your next target is to reach 28000 upvotes.
You have been a buzzy bee and published a post every day of the week

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Check out the last post from @hivebuzz:

Feedback from the February 1st Hive Power Up Day
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