Well, that would likely help HIVE's fiat value. πππβ¨π€
!HOPE
!HUG
!INDEED
!WEIRD
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It's a time-consuming way to "help" increase the price of HIVE or HBD though, as it requires several clicks to finish a transaction to convert/swap between HIVE and HBD (and also requires inserting the private active key every time if not already saved on #HiveKeychain or #Hivesigner). π€π€―
I think that I read here on Hive about a Hive-based project which gives any Hive account certain tokens (on #HiveEngine) for every HIVE or HBD burnt. π₯π€―π€
Well, I was thinking more that it would be a side benefit, rather than a primary means of doing so.
This is my first time hearing about that, interesting. I know I'd never participate, as both HIVE and HBD are far too valuable to me. πππβ¨π€
!HOPE
!INDEED
!PIZZA
!WEIRD
I don't think that anyone needs to plan to "participate" in getting any token from burning HIVE or HBD, since it can be considered only a "token of appreciation" for anyone who burned any of those first-layer Hive tokens. π€π€―
Anyway, I don't know where I read that project (here on Hive), because it's really hard to find it using #Ecency Search. π₯π€―π
!WEIRD
!INDEED
!HOPE
Ah, I see. I imagine only whales would have participated...lol!
It's apparently lost in the blockchain sands of time. πππβ¨π€
!HOPE
!INDEED
!WEIRD
I think that nearly all of the people on Hive who "participated" in such project were unaware that such initiative existed! π€π§ββοΈπ€―
Maybe I actually read it on the blockchain where Hive emerged from and was published after the fork, so #Ecency Search will surely not find it !INDEED! ππ
!WEIRD
!HOPE
!HUG
That statement is very confusing for me. How? Why?
Ah, maybe so, as I've never heard anything about it. πππβ¨π€
!HOPE
!HUG
!INDEED
!WEIRD
If ever someone on Hive burned HIVE or HBD and got some tokens for it from the project, then they wouldn't have been notified that time (since even #Ecency used to not notify their users of any incoming #HiveEngine token tipping transfer, not to mention all other Hive blogging frontends have not implemented notifications for Hive Engine incoming transfers). π€π€― That's the reason why most people (on and off Hive) would not be aware of such project, regardless of whether they burned HIVE and/or HBD. π€―π
!WEIRD !INDEED !HOPE !PIZZA
Ah, OK, I see. Why would people just decide to randomly burn HIVE or HBD? That seems counterproductive to the max. πππβ¨π€
!HOPE
!INDEED
!PIZZA
!WEIRD