I would prefer for projects to have cashflow business models that can funnel profits back into HIVE, to make the layer 1 more robust, in return for leveraging it to bootstrap their business; instead of creating a competitive token and displaying it more than once how much more $$$ people make with that token.

If people sell their HIVE for another token, that's not good for HIVE. If people are more excited to stake another token instead of HIVE; that's not good for this token.

I totally agree with these things you said, but we all know how hype and buzz works. I think people will invest in Hive with time as well, all due to the success of the communities. I also think it is likely for Hive to change and improve even more due to the success of communities.

Regarding the $$$, I would say that it is wonderful and the biggest reason for the hype around LeoFinance. People are rewarded more on LeoFinance, including myself, and that is something really, really cool. It shows that communities on Hive can thrive and that the value of 2nd layer tokens can have real value.

That being said, people selling Hive for LEO is far from ideal, and that would obviously end up hurting the value of Hive in the long haul, but I am very optimistic. I think everyone can learn something from the success we see with LEO, and I think LEO will benefit Hive a lot with time.

This is just the beginning, and there's a learning curve in everything we do.

Posted Using LeoFinance ^Beta