Fitting the floor of crypto

3 days ago
6 Min Read
1213 Words

There are wooden floors in this house and because we removed walls to open up the attics that had previously been cold, we had to replace the wood in the attic and add wood where the walls had been. Not too hard except there was just one problem, Age ain't nothing but a number, but that number might no longer be available to buy. The width of the flooring used originally is no longer made, which means fitting two different gauge beams together and this was my solution.


The grey floor will be sanded back and everything will be painted white, which will mean that the crossbeam won't be that noticeable, but I think it looks pretty sweet and adds a nice little architectural detail to the flooring. Most won't notice this, but I will. the other rooms don't require this solution, as the beams were running the same way in one and we had to replace the entire floor in the other, so it is all new.

I have enjoyed the little pieces of problem solving as we have gone through the renovation and I think that some of the tradespeople have enjoyed it too, as they have had to think a little outside the box and they are "owning" their work and feel pride in some of the solutions. One was the beam that holds up the roof in three rooms, where normally they would have put in support columns, ours now has none, even though it spans six meters in one room.

We had told our main renovation guy we wanted it as wide as possible and one night he called quite late saying, "I have been thinking about this for two days now and I have a pretty cool solution" - as a result - he has vowed to only do it this way in the future - considering he is in his sixties and semi-retired, that might not be too many times, but since he has literally worked on hundreds of homes like this over his career, it goes to show that old dogs can no only change their ways, but enjoy the process immensely.

I think this speaks of curiosity and how valuable it is for personal satisfaction - it also indicates the importance of being able to generate curiosity in others, to challenge them to think outside of their comfort zones a little. Not everyone is willing of course, but small things like this have added a little quality of life satisfaction to both us and our renovation guys. It does feel more like we are collaborating on a project in some way, not just having a customer and supplier relationship.

I think that this is important and I was thinking about how Hive is much the same in many diverse ways, as while we are all participating at various levels, we tend to intertwine our thoughts and tie ourselves somewhat to the outcomes of others. I like that quite a few of my relationships with Hive users are personal as well as they type that has a common goal, whether it be to build a place that is valuable for all, or to get some personal benefit out of the energy and work put in.

While we often focus on price, the value of building a place where people from all over the world can get curious and problem solve for economic and social improvement, shouldn't be discounted. I think that this is what is going to drive the second layer solutions the most, in quite a unique way, as not only will the applications generally be made up of decentralized teams, they will also start earning and paying using the tokens themselves. This is a huge part of the economic use case and will prove vital in the mainstreaming of blockchain.

Currently, most people are trying to earn from it and there isn't a huge amount of ways to actually utilize the tokens as is, it is more earn, convert to fiat and spend in the traditional economy. But, once the businesses start building and paying their staff in tokens, this creates a different kind of flow as it will create a space to introduce more goods and services to cater to earners of crypto, not just buyers of crypto.

A lot of people in crypto now have bought their position, not earned it, buying tokens at what they think is low, in the hope it will climb, converting it back into fiat and spending it. Hive is one of the blockchains at the forefront of people getting into crypto without buying into crypto, earning it through social activity. What this means is that unlike the tokens that go on sale, Hive is actually generating value, not just raising it by attracting fiat investment. Don't get me wrong, fiat investment is vital as it starts to undermine the traditional economy, but it is also vital to have social and economic networks that lay outside of that traditional economy, as that will encourage more businesses to be built outside too.

Businesses are designed to be profit seeking and that requires being able to find, serve and access the wealth of others. Once there is significant enough wealth that is laying in crypto pools, businesses will chase it. While currently this is quite risky to build a business around due to the small amount of users and small market capacity, as more crypto applications start generating their own wealth and paying in crypto, it begins to become more appealing for business to take part.

We saw this in the last bullrun of Bitcoin to some degree, but the market capacity of a pump is not enough, it requires a more stable floor. That floor comes through more participation which in turn encourages more crypto businesses. More businesses means more people getting paid in crypto and more gateways into crypto for average people - who start to earn and use the infrastructure and applications much more broadly, which keeps ramping up the usage. Once there is a critical mass of activity between supply and demand, a relatively stable floor forms, which brings a little security to new businesses entering, meaning it seems a little less risky.

At the moment, like my wooden floor, we are trying to fit pieces that seemingly don't match too well between the old and the new, web 2.0 and web 3.0, faltering traditional economy and the new decentralized economies that will pervade our future - it isn't easy to match up the pieces, but that is where we come in - Hive is like the crossbeam between the differently sized pieces, a bridge that connects the old and the new, a place where people will be able to walk across the divide, barely noticing the transition, if they notice at all.

Eventually, all of this technology becomes ubiquitous to the point it is uninteresting - except for those who are curious enough to find the gaps and shape a new piece that fits. While we are making a solid floor, the ceiling height it can support is still very much an unknown. I am looking forward to finding out.

[ Gen1: Hive ]

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