Posts

Hodling Hive: Some speculations that make me happy!

avatar of @cryptothesis
25
@cryptothesis
·
·
0 views
·
1 min read

Michael Saylor used to say that owning Bitcoin is like owning a piece of property in the early days of Manhatten. He was alluding to the wonderful situation where scarcity of the property purchased years ago would bring in good yields as time passes. The same can happen to hodling bitcoin as it is scarce.

Accumulating Hive could also have similar effects, although Hive is not exactly deflationary.

I tend to see Hive as some kind of a code-complete blockchain ecosystem where things are already set up for success. By success, it is the passive income streams the Hive token can bring in the future that I am referring to.

Take the above as an example. At today's price of about $1.80 per Hive, a 53K HP accords about $5 worth of voting rewards.

Fast forward many years later, if Hive 10X, even if the 53K HP remains unchanged, the voting reward could correspondingly 10X to be worth $50 accordingly.

That would be a lot of power to yield in the Hive ecosystem... that can bring in more passive income in the future!

P/S: This is not financial advice, obviously. Just some speculations that make me happy!

Posted Using LeoFinance Beta