All Roads Lead To Hive

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(Edited)

▶️ Watch on 3Speak


We are seeing attacks from all sides. The latest is BlockFi has many of the states going after it in the US. This on top of politicians, bureaucrats, regulators, and Wall Street.

In this video I discuss how the writing is clear. There is only one answer: decentralization and distribution. Anything that is not that is vulnerable to attack. There is simply no way around it. They are not going to let up for an instant.


▶️ 3Speak



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11 comments
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pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 71 of my contest just started...you can now check the winners of the previous week!
!BEER
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You need to stake more BEER (24 staked BEER allows you to call BEER one time per day)

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It's pretty much true...but yea its hard to distribute tokens around. At least with HIVE, it would be tough to get over 50%.

Posted Using LeoFinance Beta

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On this platform, the user who best manages his token distribution chains will be the most successful. Of course, distributing tokens on hive is extremely difficult, at least for me.

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Wall Street Doesn't care...as long as it's going up.

Yup, the masses only care about "Number Go Up" so why not Wall Street thinking the same way LOL

I like this new term "Wall Street Money"

Posted Using LeoFinance Beta

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Hmm, I could argue Wall Street doesn't care if it's going down either. They can win or hedge either way.

Posted Using LeoFinance Beta

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Yo! I checked out dcrops and I think it's going places. It blends elements of Splinterlands and Ape Mining Club to produce a simple mining game that uses combinations of NFTs as the miners.

The artwork is also simple, but elegant, and, I can't quite find the right word for it, but it somehow feels authentic.

Anyway, I bought 100 alpha packs and I'd buy more if I didn't have so many other goddamn projects that need funding. I love this place!!

I'm not advising or anything, but I kinda think @taskmaster4450 +3 years is going to have very strong feelings about you on the matter whether you get in or not. Lol

Seriously though..., I gather you aren't the gaming type, but this might actually be something you'd like to dabble with. It doesn't seem like it takes more than a few minutes day... maybe less, I actually paused this to go check it out so I don't know anything yet other than it looks good and is simple. I had everything set up in five minutes, though, and I don't think I need to check it again for a week.

It was my intention to just hodl packs but I opened one to see how it looked and might as well just go ahead and inject the rest straight into a vein. This isn't going anywhere else... Good night.

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Congratulations @taskmaster4450! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You distributed more than 330000 upvotes.
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To support your work, I also upvoted your post!

Check out the last post from @hivebuzz:

Feedback from the August 1st Hive Power Up Day
Introducing the Hive Power Up Month - Let's grow every day!
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The government will always come after cryptocurrency as this is one thing that can pose a threat to their power.

I totally agree about decentralization and redistribution but does this mean games like splinterlands cant be attacked?

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Summary:
Task talks about the challenges and attacks that the cryptocurrency industry is facing, particularly focusing on regulatory scrutiny and the risks associated with centralized entities. He emphasizes the importance of decentralization and distribution as a defense strategy against regulatory crackdowns and interference. Task mentions the vulnerabilities facing cryptocurrencies like Bitcoin and Ethereum due to their deflationary nature and potential Wall Street influence. He then discusses the advantages of Hive, highlighting its stablecoin, decentralization, proof of brain mechanism, and distribution model as factors that make it a promising platform in the face of increasing threats to the crypto space.

Detailed Article:
Task discusses the current state of the cryptocurrency industry, pointing out the regulatory challenges and attacks that various entities are facing. He mentions the recent regulatory actions against Ripple, BitConnect, BlockFi, and others, highlighting the looming threat of increased scrutiny on DeFi platforms. Task emphasizes the need for decentralization and distribution to safeguard cryptocurrencies against government interventions and regulatory pressure.

He expresses concerns about the deflationary nature of Bitcoin and Ethereum, indicating that the increasing control of major corporations like Tesla over these assets could lead to centralized control and potential manipulation. Task argues that as more attention is drawn to cryptocurrencies by influential entities, the industry becomes more vulnerable to external interference.

Task then shifts the focus to Hive, discussing its advantages in the current crypto landscape. He highlights Hive's stablecoin, decentralized nature, proof of brain mechanism, and ongoing token distribution as key strengths that set it apart from other blockchains. He explains how Hive's inflationary model and robust community-driven initiatives make it a promising platform amidst growing regulatory threats and centralization concerns in the industry.

Moreover, Task mentions successful projects like Splinterlands, Decrops, and Exode on the Hive blockchain, underlining the platform's potential for generating wealth and fostering decentralized applications. He anticipates the launch of upcoming projects like Project Blank and Speak Network, discussing the significance of decentralization in mitigating risks and ensuring long-term sustainability in the evolving crypto landscape.

In conclusion, Task emphasizes the importance of early decentralization and distribution in blockchain projects to avoid attracting unwanted regulatory attention. He suggests that while other blockchains may have the potential to navigate the challenges facing the industry, Hive stands out due to its vibrant ecosystem, active community, and decentralized governance structure, positioning it as a promising platform for the future of cryptocurrencies.

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