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RE: Earning a Quarter of the Average Local Wage on Hive and Using that as Hive Marketing Material

in LeoFinance3 years ago

This is the kind of thing I'm always telling people who think crypto is all a scam. Like, are there scammers in the crypto space, sure, but there are scammers everywhere so it's not any different in that respect, really. But Hive is really helping people survive in the world, and it's not like you have to invest money in it - you can just work for it (that's what I've done!). I'm in the US where cost of living is high but I'm "first world poor" and struggle to pay rent and buy food and such, so it helps me survive, too, so even tho richer people might be like, "eh" about that amount of money, I'm grateful for it.
If it moons high enough, I would be able to live off of it - for one month way back when we were having that ATH in 2017 when I was just a noob, I added up all my earnings. I think HBD was like $10 or something crazy at the time and that's how it happened, but it turned out if I counted it all together, HP too, I had earned in that one month the same amount that I used to earn working at a hospital on the night shift. I immediately saw the potential here. Even tho we haven't hit those numbers again since, I've been building up my account and sticking with it, because with enough time and a large enough stake it could happen.

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Thanks for that different perspective. I guess even the smallest amount can make a difference, wherever the person lives. When you say HBD and HP in 2017, do you mean the Steemit versions of those? Because Hive hadn't been forked yet back then. But I get what you mean. The past month with HIVE going above $2, I've never earned as much as before when I started out more than a year ago. Imagine if we can get back to $10.

Yeah, sorry, I meant SBD, not HBD. The Before Time. ;)
If Hive went to $10, that would be awesome. A game changer for so many of us. But back then it was the SBD I think that really spiked and not the Steem (somebody correct me if I'm remembering wrong). At the time I didn't really "get" why it's better for SBD/HBD to remain stable(ish) and for Hive/Steem to be the one to spike, but now I get that, and I hope that it's Hive that continues to climb and HBD remains more of a stablecoin so that it can be used for payments and commerce, which is better for the chain overall!

haha, the short vague version I think is that if the stable coin isn't stable, fiat wins, well if it drops anyway. xD But it's definitely more complex than that.
And also using it for services where value is not as volatile as you said.

!BEER
!ENGAGE

There has already been too much ENGAGE today.