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RE: RE: Demystifying Hive: What would be a convincing introduction of Hive?

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@mykos
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Yes if you go to hiveblocks.com it tells you the fixed supply of the coins produced per block per year. So in 2022 i believe the updated info is about 2.559 new hive per block.

Here's the problem though. I think the confusion is not so much that people want to know how much hive is produced per block but what is the inflation going to look like. At the end of the day it really doesn't matter how much hive you're getting if the price is almost worthless or on a huge decline.

So as you probably learned it's not just one currency. It's two. The hbd or the hive backed dollar which means every hbd in existence has to be backed up by that much hive. So if the hive prices are very very low then you're going to need more and more hive to back that hbd.

In summary what ends up happening is the inflation rate goes out of control. So you may have produced a good amount of hive but then it's probably still not going to be worth much in some instances.

So many would be concerned about the inflation rate of hive.. not the amount of hive produced but what are the market conditions and prices as the algo struggles to keep up with it. So if you look at something like hbd.. it's pretty much suppose to be stable around $1.. Well sometimes it can drop about 30-40%.. last week it was at 95 cents...So that may not seem catastrophic but think about if you had a million bucks in hbd and every week it dropped 5-40% okay you've lost 50k to half a million bucks or something. So that's not stable and that's a big problem

bitcoin myk and bbd coin to me are the only things that make statistical sense. They even make more sense than bitcoin the more i think about it. So bitcoin was suppose to be a currency. That's good currencies are actually useful and not speculative in the sense we use crypto. Bitcoin is the closest thing we have to an uninterrputed stable coin. Even it's a bad stable coin but it gets more stable as the network grew to a degree. Everything else is garbage for the most part even hbd is kinda garbage.

So bitcoin myk i'm going to drop you some articles it's more of a true independent currency that makes sense or will in the near future. I say that because of many reasons but let me just drop you some resource materials because it's way too much to type and i'd invite you to for specific questions just ask me directly if you have a specific question that's easier.. much of the material is audio visual done on video, i know alot of people on hive like to read idk if that's due to a language barrier but some of it will be written as well. So be sure and post on our social network where you can earn the coin as well. we've had thousands upon thousands of posts done on the site with over 19k accounts but we have a very intuitive algo that i think it should win a nobel prize but it rewards you based on what you do.. not who you know. .so it's very intuitive in distinguishing what you do and because of many early problems in the technology some of our databases had some issues and some of the data was removed namely thousands of posts that we have backed up on servers so when you first visit us it may not look like people are doing anything but that's because of earlier issues we had to work out with teh tech that are now fixed so we're sure you'll find bitcoin myk and bbd coin interesting. you should already have some tokens of value in your wallet you can sell on hive engine.

https://www.bitcoinmyk.com/uncategorized/bitcoin-myk/

https://www.bitcoinmyk.com/activity/

https://www.youtube.com/watch?v=VvMBm5y4nIA&t=218s

https://www.youtube.com/watch?v=fxnaGLhHyGw&t=467s

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