Beyond Speculation: The Crucial Role of Utility in the Crypto World and How Hive Ties In

The race for the Everything app is in full swing. A few years ago, Facebook announced that it was working on its own stablecoin (I forgot its name), but fortunately, that project didn't come to fruition. Facebook's long-time rival, Twitter, is also on a mission to transform its blue bird into an everything app.

Recently, news has surfaced that Twitter has enabled voice and video calls, which is a massive development. I tried to see if I could enable these features on my profile, but it seems to be an exclusive option for verified users because I couldn't test it out. Twitter is evolving into a behemoth that should not be underestimated.

We've reached a point where social media is no longer just about posting vacation photos and connecting with friends and family. Whether we like it or not, social media has taken communication to the next level, and it's poised to do the same with finance.

Elon Musk has hinted at Twitter's potential to disrupt a significant portion of the current financial system, and we can only imagine what the future holds in this regard. If I were to guess, he envisions Twitter as a platform where sending funds (both fiat and crypto) across the world is possible, conducting business on Twitter becomes an integral feature, and trading various assets is also implemented.

Elon Musk didn't spend $44 billion on Twitter to make memes all day and boast about being the DOGE lord on his own social media platform. While I'm not a fan of Elon Musk, I can't ignore his business acumen, and my take is that he's going to turn Twitter into a highly successful venture.

Inleo, from Hive account@leofinance, is also making waves in the Hive ecosystem with its impressive "everything app." They've introduced the option to go premium, and so far, the only app that has managed to elevate the quality of posts on Hive is undoubtedly Inleo. Hive possesses an underutilized potential that many other blockchains have yet to match.

If there's one thing that sets Hive apart from many other blockchains, it's its utility. As most of you know from your own experiences, there's a lot you can do on Hive, and the blockchain appears to have a significant impact on the industry's future.

I recently watched a short clip made by Hive account@alex-rourke in which he used Hive account@brianoflondon's V4V app to pay for his coffee at a bar in Guatemala with HIVE. The cafeteria accepts Bitcoin through the Lightning network, and what the V4V app does is convert HIVE to BTC and send the BTC through the Lightning network as payment to the merchant.

Many people overlook the relevance and impact of such apps and the significant step towards mass adoption that the crypto world is taking through blockchain utility. We often become too fixated on the dollar valuation of our favorite cryptocurrencies, completely overlooking their utility.

While using blockchain technology for everyday purchases may not seem like a big deal right now, as the economy continues its descent into a totalitarian mess, we'll realize the importance of having alternatives.

While I consider the approval of a Bitcoin spot ETF in the US to be bullish for Bitcoin's price, I believe that we should pay more attention to what Alex is doing in Guatemala with the Hive account@v4v app. This is the kind of mass adoption we should expect from Bitcoin and altcoin projects.

The "internet era" of crypto is still in its early phase, and while speculating on price is alluring, we shouldn't forget about utility. Bitcoin was given to us as a disruptor of the current financial system in the first place, so let's not overlook this fundamental attribute.

Thanks for your attention,
Adrian