The Win-Win-Win-Win-Win Blockchain
I'm thankful for Hive!
Especially to everyone that's part of the blockchain, out there on Twitter raising awareness for our beloved community. I joked today that without them, I'd run out of ideas on what to blog about.
Was it really a joke? Not really lol Because the cream of the crop of the crypto community, are part of Hive. They get it. They understand how powerful this blockchain will be to everyone involved but also, to the world as a whole!
Before I go any further, let me be clear...This is going to be another 'Jongo Why I love Hive' post! I do a lot of these, mainly because every day, I get more excited about what we are all building here.
Take for example, what @theycallmedan Tweeted out today about Hive...
(I'm not joking, if you need ideas for content to write about...Just follow a bunch of amazing Hive community members on Twitter!!!)
Break this point down and you can see, how much more superior Hive is to most other blockchain projects. You know the standard reply for those that are after green candles...They'll say things like 'we love decentralization' and 'web3 all the way', meanwhile they hang out on Ethereum.
But here on Hive, we are literally...Making our blockchain more secure and distributing the token every time we press 'like' on our favorite front end!
Beating a dead horse here, but REALLY think about for a second....
You find some content you enjoy on Hive, and you give it a 100% upvote. Let's say your upvote is worth about 1 Hive right now (40 cents or so at the time of this writing). You essentially send half a Hive to the person you upvoted and you get the other half right back in your account in 7 days.
What just happened?
You are spreading out the token to the community. And like Dan mentioned in his Tweet, the Hive you sent via an upvote, goes to the creator of the content and if they keep their Hive powered up...The witnesses they vote for get more power on their witness account. Which means they potentially rise up the ranks, and the more witnesses are rewarded, the more secure this chain becomes.
But what about what people are really after....
I admit it, I LOVE giving votes out because I get 50% of it back. That's fine and dandy. We all have to pay the bills. But what truly is magical about Hive, is that when you use your votes you are distributing the token out to more people.
It's the biggest win-win in crypto! You win, from curation. The creator wins for getting more rewards. The blockchain wins because the token is more distributed. The witnesses win because their account rise in power. And let's not even begin to talk about the layer 2 tokens as well and how much it helps them too....
Did I say win-win? I think it's more like win-win-win-win-win?
Is that even a thing...?
I think when you really understand how the rewards work here, how delegated proof of stake with the proof of brain elements are....You get VERY excited about Hive.
And if you combine that with a long term strategy (aka the 20% APR with HBD), I'm sure you will agree...There is simply no other blockchain that even comes close to the possibility of what Hive is becoming.
Remember folks, we're only a few years into this journey....Bitcoin has been around for over a decade with not many updates to the tech. Here on Hive, we are growing, each and every day!
Stop sitting on the sidelines, I am begging you!!
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https://twitter.com/14748898/status/1622789869981569027
https://twitter.com/4122891434/status/1623354830755610625
The rewards earned on this comment will go directly to the people( @jongolson, @luckyali ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
Serious question, do you think it’s still possible to make a profit with circle votes while 20% on HBD or 45% on SPS is an alternative option right now?
I kinda think we eliminated those abuse techniques with simple DeFi tools and it makes me wonder what’s to come down the road with even better DeFi for Hive.
I mean, if I earn 1 cent worth of Hive it's 100000000% more than I would have had a day before. It's all from my mind, so the effort is just putting in the work and creating content.
HBD is fantastic as a long term strategy. Just reading the comments on my blog yesterday from @zakludick He did the math and he would basically earn 10k a month in HBD by the time he turns 60-ish.
Which is pretty much, the best retirement plan any one could ask for.
Long term thinking on Hive is what is needed I think.
!CTP
Compounding interest in the crypto space is very interesting. And yet the actual
amount of HBD has slightly dropped, even after a year of 20% on the Lock 🔒
That is so interesting to see!
How does the supply drop? I need to learn more about the tokenonics of these coins.
!PIZZA
If People convert them into Hive. @dalz is the best source of fresh HBD stats.
Thanks. I’ll check it out.
it's a far stretch to assume 20% is going to just stay there for x amount of years 😅
Indeed! And until further notice, $10k a month is massive and way more than I could get from anything else I could do!
Your SPS is paying you 45% from staking?
Posted Using LeoFinance Beta
Yes, Hive:SPS Pool on Hive Engine is at the APY due to low participation
Jealous? :)
Comparing the raw numbers is misleading, Both HBD and SPS can easily lose value against HIVE so 9% on HP can come out as a winner.
To be fair, both can even lose value against USD.
I gifted $PIZZA slices here:
@dkid14(3/20) tipped @jongolson (x1)
dkid14 tipped manniman (x1)
Learn more at https://hive.pizza!
Then entire premise of this article gets blown to hell when Blain downvotes your posts, comments, and even ideas on discord.
Posted Using LeoFinance Beta
I win the Hive power battle vs. him. But he has me beat on CTP lolol
!CTP
Keep the winning coming. Man I wanna post more but work is kicking my butt right now. I need to find some time.
!PIZZA
I hear ya man, I have been missing quite a few days because of this school stuff I'm doing. Once I start working, oh man...Dunno how it's gonna go lol
!CTP
win-win indeed! More HIve to come to all of us
Absolutely!
Hive is definitely a win-win because both the authors and curators win. I like the growth each day and I think there are just so many options here on the blockchain to grow.
Posted Using LeoFinance Beta
I can't really think of anyone that loses here on Hive. It's remarkable really!
!CTP
I think hard part is getting started and then getting settled on Hive. Because it takes time and also one has to find the tribe to write content to. So it kind of like win win situation but one has to be serious over here. Because just casual posting and random actions won't show the results here.
That's a good point! Fly by night posting doesn't cut it here, you have to find a community and dive in.
!CTP
exactly... it still blows my mind after all these years just how elegant this system is
It's like...The blockchain all the talking heads say they want to build, but it's already here.
!CTP
The Hive's protocol is astonishing and thanks to people like theycallmedan and everyone out there doing everything possible to spread the word about hive. We're more than capable of blowing up. Thank you for also making this place a fun place.
Absolutely! Those guys out there on Twitter all the time are champions of the blockchain for sure.
!CTP
Hive is a very clear win-win as well as a great community where you can share thoughts and ideas.
The best part about the blockchain is the people that make it 'work'
!CTP
Everybody wins from just keeping the chain active with the activities they’ll normally do. Win win win win
That'a it right? We dont need to change anything we do anyways, just show up and use it...Everything else works out!
!CTP
I've just recently started giving out comment votes in the past year or so and it has been really great. It's only like four to six cents, but it still makes me feel like I am giving back to the community even more. I do love how you can not have a topic to post about, then you read someone else's post and suddenly it inspires you!
That's why I always make sure to vote comments on my posts. If people give me the time to read and comment, the least I can do is send a little upvote :)
!CTP
For sure!
Hive is really doing great. Bitcoin is big, but hive is getting bigger on the daily basis with new updates, new apps being developed on the daily basis. Hive is the way.
Agreed! Not sure what Bitcoin does other than store value. Shhh don't tell the maxis that though lol
!CTP
Hive is very strong and trusted platform. I am also trying to bring all my friends here because they have done many online jobs and they have been scammed. The way the community here supports it makes it much easier for new users to join the group. We will see in the coming days it will become more popular all over the world.
It's tough. I've been trying to onboard my offline friends for years. Slowly they see the potential!
!CTP
Hi, Jon.
Hive is a really good deal a Win-Win situation!
The people in Ghana who get their fresh clean water with Hive is so wonderful! This is so inspiring.
The store and hotel in Cumana,Venezuela is another aw inspiring story in the making!
I have reblogged these posts among many others 😊
Barb
!CTP
!BBH
!HBIT
I believe Hive is most trusted and decentralized platform in the whole crypto field an along with this there are many dapps giving many different kind of opportunitities to their users. That is why hive blockchain is unique.
Posted Using LeoFinance Beta
I bet you... I am not 😂😂
There's no other Blockchain that can beat the possibility of what Hive is doing and I admit that's true because I have witnessed it and still confirming it to be true.
I love giving my upvotes too as I know I get back 50%.
Posted Using LeoFinance Beta
This is such a great way to support others(commenting) while also growing your content. Win-win-win... situation that keeps giving,