Ever since the times of the Romans, the elites have always had all sorts of distractions for the masses to be served. They built arenas to entertain the masses, "invented the circuses" and so on and so forth. The man of today is not much different from the one 2,000 years ago.
Fear, distraction, and ignorance have pretty much held their supreme reign among the masses and these are powerful weapons in the hands of our world's leaders. They know that and they have not ceased using these.
We no longer have arenas and animals fighting humans anymore but we now have football, boxing, so-called reality shows, and so on and so forth. All for the sake of keeping us tamed and compliant. Bitcoin is an anty system technology.
It does not align with the elites from any standpoint you look at it. The only "flaw" that I see about it is the transparency of the transactions on the blockchain. Other than that it is uncontrollable. Hive pretty much falls in the same category.
Yes, you have the possibility of a large entity buying up tons of Hive and trying to change the way things work around here, but look at what happened with Justin Sun's attempt at doing that.
The problem with Bitcoin is that it was designed to free us from the old money, the old rules, and banking systems, but what came after Satoshi went silent is not actually according to the plan IMO. Bitcoin maxis don't spend as much BTC as they should, they instead hoard it and talk about it as an "unspendable asset" when in reality this is not what it was designed for.
Maxis are not alone in misunderstanding Bitcoin and other cryptocurrencies, although they portray themselves as holders of "the knowledge". The second category that I'm pointing at is traders, especially leverage traders, who mostly treat it as nothing more but a means to make more dollars. I bet most of them fail at that too, but that's a topic for another post.
They don't see blockchain technology and cryptocurrency for what they are, and instead, they're interested in banking on these. They should ask themselves, though, what currencies are they banking in with Bitcoin. I don't know about your country's currency, but mine got devalued a lot over the past couple of years.
The masses(maxis and traders included) are mostly dead wrong in their approach toward crypto whilst Hive is proving to be making quite valuable steps towards mass adoption of crypto(the way I see it). I am a person who lives off crypto and uses crypto for everyday purchases for some good years now.
I also plan to keep most of my wealth(no matter the size) in crypto for as long ass possible. I have also been thinking lately to even close my bank account... But anyway...
Hive not only managed to "stay immutable" and pave the roads for future alike social media apps, but it has managed to use both its L1 and L2 tokens for the sake of what these are, crypto-currency. Every once in a while we get to see posts on Hive about how people in Ghana for example raised funds through Hive and built all sorts of social projects over there.
Then we have shops that are starting to accept HBD as a payment currency in Venezuela recently, showing the power of Hive and its "so-called stablecoin". Such mass adoption happens in developing, or underdeveloped countries because these ones need it the most. The masses love the dollar or whatever currency they're using because it is convenient to use these.
Once you get a real taste for crypto, it's hard to get back to the old system. Oh, and before I end this post, these countries that are oftentimes called underdeveloped are not actually underdeveloped, they're overexploited and their citizens are stripped of their rights to wealth. Luckily, the mass adoption of cryptocurrency is coming from such countries and people.
That's about it for now. I wish you all a great Sunday and see you next time.
Thanks for your attention,
Adrian