The financial markets are down or maybe I should channel it to where it concerns us most, the cryptoverse. If we want to continue this channeling, it will bring us to the fact that Hive has been hit hard this year. A down market for Hive in the last 355 days is in no means encouraging. How do we get out of this hole?
That's the big question and precisely explaining weakness is eliminated when strength comes in. So what can be the needed strength as we speak? Ok, let me start from the ground rules like no man is an island of knowledge. Nevertheless, if you have one, keep suggesting, who knows who can pick in and begin a tangible transformation.
Don't undermine utility, it is like building an estate and not being ready to lease it out. Here, you are in no means an estatepreneur. Maybe you are afraid of future repairs or whatever, the fact is, that building is just stagnant. business is and will remain a transactional process; service or good exchange for another goods (it is mostly monetary).
If one were to ask me the set of persons I would want to bring to Hive, it would be entrepreneurs. These people know the rules of business; they pay without complaints and will utilize everything they see within to keep that sector alive. Have you ever asked yourself what would happen if Hive were to be that goto site for a brand like Amazon.
You think they would be uncomfortable to pay for premium or transaction fees?.
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Where am I heading here, Hive as an ecosystem needs that external strength. I have talked about this concerning the need to leverage the offline markets. If our entire dependence is on Internet gurus then it becomes very difficult to scale.
Personally, I am not that internet guru but I know how to buy and sell. Yes, I know how to run a business and I feel we can turn Hive to a global business house where transactions beyond just staking and holding is a norm.
liquidity is not the duty of day to day users but for crowd pullers and this is where entrepreneurs step in. ‘WE ACCEPT HIVE’ is a big statement. This doesn't mean that that customer must show up to write or curate. Just log in, fund your account and pay for a service if that's ALL that concerns you.
The next question here is, how can entrepreneurs be encouraged and if need be, also empowered in this ecosystem?. The world has become a place for cross border businessing and this is something to take a big advantage of. Aside from virtualization, hard and tangible assets companies can also leverage this ecosystem to do business
In conclusion, encouraging a wide influx of entrepreneurial activities can also help shape the future of Hive. I am not going to overlook the efforts of developers to get this ecosystem this far. Nevertheless, this effort can become of little advantage if room is not created for those who are masters of the next step. We need entrepreneurs.
This is an article covered by dani-EL; a broad niche writer. I write on faith, life facts and daily living, business and economics, small scale and daily businessing, cryptocurrency and technology. And yes, I do cover articles on financial education and investment updates. And note, if I happen to be a financial adviser to you, the TOP financial advice should be ‘DYOR’ (Do Your Own Research), I can't afford to break your heart
