Blockchain: Compounding Effect and Trickle Up

Bitcoin is rising. Well, we all know that. But what we may not know is that new crypto wealth is about to accelerate the economic transition from legacy to blockchain economy. And this transition will happen at a moments notice.

As the purchasing power of most cryptos begin to accelerate due to the current monetary system demise we will start to see a trickle up effect. This trickle up effect has already begun. Most crypto whales want a place to park their riches. Many will opt out of the legacy system entirely.

Others may choose to put their holdings to work. Many whales have already moved into the Defi space. Others are moving their wealth into NFT’s. Again, some would prefer to opt out of the legacy system.

Where does Hive fit into all of this? Well, we are now entering into a new cycle for crypto. Soon, earning to game and virtual worlds will be on the radar. And Hive and the entire ecosystem will benefit from this transition.

Crypto whales are very finicky. Yet, yield and interest will obviously effect their investment decisions. When the new cycle occurs these hot money flows will be looking for a place to park. And low and behold here we are.

We all are aware of the ability to stake and compound on Leo. As well as staking in the various tribes. Yet, as the dollar value of each tribe token rises the true power of this platform will be revealed. And it will be the honey that attracts the soon to be incoming whales.

The increase in purchasing power will have a huge effect on all tribes. This trickle up effect will begin to mint wealth for all users. In turn, more tribes will be created thus compounding the wealth effect. And maybe all users will begin to tokenize their earnings.

Maybe in the future Hive can create a feature that enables token creation at the onset of account creation. Right now we have to go through the process with H-engine and pay the 88 Hive fee. 88 Hive isn’t that much right now. But in a years time we may have to pay a king’s ransom.

Each individual account can then pay a token dividend to each token holder. By streamlining the process each user will be able to increase token wealth. And the more we curate/stake the more each individual token will be worth. In turn the trickle up effect begins to take things to a whole new level.

Now this idea is akin to the people bond idea I had a few months back. Tokenizing people is nothing new. However, being able to streamline the process and make it user friendly would create more interest into the Hive ecosystem. And perhaps creating a separate exchange for “people tokens” to prevent spam would be prudent.

Whatever happens in the coming six months is anyone’s guess. Ideas will come and go. Yet, I believe we are on the right path. Things are looking very bright for Hive and Leo.

Soon even the smaller tribes will start to feel the trickle up effect. However, be aware of the potential on boarding of whales. It is only a matter of time. Have a great weekend everyone. :)

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