A GEM WITHIN A GEM
Leofinance is growing to be the place where many meet to discuss the financial fate of the world. Lately you might read a lot more for crypto than the traditional market due to the closed circuit crypto has to go through. In the long run this is the place to write, comment, post anything with a sense of fiat and crypto. If you have a business mindset you are in the right place. In general finance takes the front seat with Leofinance.
I am amazed to witness the explosion of data by @leoglossary. This is no child play to see the amount of data already in files. I wonder if Hive blockchain can swallow all of it. I guess it will happen pretty soon knowing @Leoglossary does not request any upvoting, just a pile of info for the benefit of a greater Hive/Leofinance blockchain. This is a benevolent work worth noticing. Only time will pay everyone involved the best dividend ever. Maybe I could say let your work speak itself for you.
I am sure this type of work will make Leofinance a place for many to come and get great resources for their posts. Actually I was researching about the difference between commodity and security. Now the cool part of this glossary it can be updated quite often giving a vivid explanation of what you are looking for. You can still comment and find the resources abundant in the blockchain. You can refer friend to Leofinance looking for knowledge.
I think this is a link anyone can share. This is a formidable use case of how important everyone will find Leofinance. I wonder if this glossary will ever complete knowing the amount of work needed to complete. The reason I am saying that there are so much affiliation with finance in this world. Somehow everything either you want it or not has to do with finance.
Earlier I was looking for commodity and security in accordance with crypto. It got me further to the rabbit hole about SEC and CFTC. As a matter of fact Leo and Hive are commodities. There was a case in 1946 in front of the Supreme Court. It was SEC vs W.J. Howey Co. Three questions were asked to determine where to put a financial product. The first one goes as is there an investment of money with the expectation of future profits? The second one proceeds is there investment of money in a common enterprise? The last one goes as Do any profits come from the efforts of a promoter of third party?
Take your time and analyze these questions to see where most cryptos fall. This is important for decentralization to go forward and give crypto its clear path going forward. The debate will take a while for crypto. Crypto as a commodity will promote free business where regulation is less stringently.
As a social media arena Leofinance is about slowly building a database for the world.
This is the best time to start and find your energy to put this community on the map.
Unfortunately the rule of the land differ where you are. The knowledge, you will get, is universal enabling a cascade of change where you are in charge of your finances from head to toe. While everyone should understand the gravity of the work of @leoglossary it is the reason the real value belongs to the community. We are the value not the volatile price that keep changing everyday. By the way Leo is showing sign to the positive and I am thinking it has to do with the tremendous work going around the community. You name it, LPUD, DEFI, LEODEX, HIVESTATS, LEOGROWTH, LEOGLOSSARY, ETC... All of you congrats. Keep up the good work. Keep on vesting.
Posted Using LeoFinance Beta
