Money Bringing Out True Sides Of People

It is time to muse something about the crypto market again. This week a message came to me which once again showed that money can bring out the true sides of someone's personality. Integrity is not given to everyone if you have suddenly found the opportunity to enrich yourself. You have to be strong in your shoes not to go wrong. And that turns out to be more difficult than expected. A Dutch crypto entrepreneur has tried to enrich himself by scamming his investors in his project the debt has risen to tens of millions. And now that the creditors came to his sidewalk, he apparently could no longer bear the pressure. He committed suicide. It is again the umpteenth story of how people can change when a lot of money suddenly comes into play. A sad end for many. Both for the relatives of the person who ultimately did not even have the guts to face his mistakes and to provide a solution. They are left with the misery. But also for investors who must wait and see if they will ever see their money again. The company where he was responsible for Sales & Marketing had previously started an investigation against him and made a report against him. After they discovered last summer that he had made business transactions for personal gain. The investigation is still ongoing, and tens of millions, are still missing.

Always Do Your Own Research

This story again reminded me of the downfall of FTX, and the many scam stories that Crypto is rich in the relatively short time that it exists now. It is not easy to trust people. You can still do your research so well, this is no guarantee that you will not end up in a scam.

True Decentralization

And that last part, that in turn, makes Bitcoin take such an exceptional position on the market. The founder of Bitcoin, Satoshi Nakamoto, has disappeared from the scene for so long. He is not even known, anyone ever knows for sure who is behind the pseudonym Satoshi Nakamoto. Bitcoin is certainly the most decentralized crypto of all crypto. That brings me to Hive. Hive is also decentralized. Certainly, but if we look at other points, Bitcoin has a big advantage over Hive. Bitcoin has fame! Bitcoin is not created infinitely, a maximum of 21 million and that's it!

Some Questions

And Bitcoin has no DHF who spends tons a year. Okay, Hive spends those tons a year on HBD, and each proposal claims that they need it for Hive. I am not someone who dives to perfection in the statistics, but so far I see little results for Hive. If new accounts have already been created by people, then these are not people who invest a lot in Hive. Rather the opposite, writing blogs and what they earn immediately get out of it as a source of income. This takes away the value of Hive rather than adding value. I would love to see detailed reports, and see what all this HBD is spent on. Seeing what the result is, what does it yield for Hive? What is the added value, compared to the extracted value? Because it is not that I do not grant these proposals hbd, I understand that there are costs for the things that are done. Certainly. But I want to know if it yields more than it costs, and I want to see that in detailed reports for dummies so that it is also clear to everyone. Because all those tons to HBD per year also come on the market and that in turn ensures a Sell Pressure on Hive that seems to be so high that the price cannot go up and no one is improving. There are not enough buyers from Hive to catch the enormous sales pressure. Buy the Dip seems to no longer be up for Hive.

Hive Losing Out

We are currently seeing Hive sinking further and further in the MarketCap lists. The price of Hive is stagnant, and for the time being Hive does not follow the crypto market at all. Where every crypto has gone through a nice rise, Hive lingers. Is this what we want to see? Hive is a community, but the community is also Hive. As a community, we have opted for Hive, then we will not let it go.

Who Can Take Away My Doubts

Now this sounds very negative, but don't forget that it is just my musings. Hive has a lot to offer, and precisely because Hive has so much to offer it is so painful to see that Hive is lagging compared to the rest of the crypto market. And that also makes it so painful to see that Hive is losing its position on the ranking. I would like to hear if there are people who think differently and can show me a different side. I would also like to be bullish again over Hive