How Hive and InLeo Will Bring Value Back To People
In a world where AI is all the talk of the town and people fear losing their jobs to it there's a number of things you need to understand that most people don't. That's the value of the human and that even though things change all the time as long as that person has the capability of adapting to those changes will always find themselves on top.
For myself I've been using Hive Blockchain since June 6th 2017. Yep coming up on 7 years using it and I've been using InLeo since it was first created which I believe is roughly 5 years now? Not really sure how or where to check that.
During that time I've realized that hive has been ahead of it's time for a long time and during that time it was many of the things that made it difficult to promote to people.
Ahead Of It's Time
The concept of rewarding people based on their content is not a new one however applying it in such a way to crypto and the blockchain was. It was a way to stay decentralized for the most part and a new web3 experience before the term web3 even existed or anyone had any idea what it would become. Despite all of that however it took a single game Splinterlands to really get the chain moving and onboard a ton of new users. This was back when web3 games really wasn't a thing either and the options where rather limited.
AI and Jobs
With AI becoming more and more of a reality many people are starting to fear they will no longer have jobs. From writers, artists, marketing and factory jobs every job will be replaced or advanced with AI. Just like other times such as the industrial revolution and the nuclear age if you adapted to changes you did well. If you didn't and only got stuck up in your ways trying to fight the change you got left behind.
What Hive and InLeo Offer
Once again in the area of where we need to check and make sure content is not AI driven and that information is still created by humans or checked by humans of course can be flawed it's still better to question it instead of taking what AI splits out at face value.
This creates a unique case once again for Hive and Inleo in which content creation on videos, articles and threads and is rewarded based on that information and value as a person starts to show us the possibilities.
It gives artists, writers, video creators, gamers and every other aspect of human nature at least online the ability to generate wealth through the content they produce. Now while the system itself is a bit flawed still it's for sure much better compared to what other options we currently have.
Staking = Value
No matter what dollar value will always be one of the factors that goes into how trustworthy someone is. Someone with a larger stake will most likely being looked at with more attention over someone with a lower stake. Which can make perfect sense being that this person has either put in more time or invested more money to get to that point.
Staking Hive means you're invested and should be more trustworthy on the platform. But not only that staking hive is also going to earn you real income over time via staking rewards via HBD and Hive. Curation rewards on top of that add to this giving you around an 11% APR at the moment on hive and 20% APR on HBD (which can change at any point) With Hive however that APR will reduce over time as the rewards pool gets smaller over the years.
This can of course also be expanded now via layer two tokens such as $LEO which offers it's own rewards pool and ad buyback program. There are also many other tokens such as Splinterlands SPS Token which can also be earned and staked to create more wealth.
As you can see over time and by being a part of not one but many ecosystems and projects you believe in the ability to generate wealth changes and does so on a grander scale with crypto and hive then it ever would via a traditional job.
It's a mindset many people struggle to get out of. The mindset of exchanging hours to pay. You'll never continue to advance that way because time is a finite amount that can never been changed.
Are you still building your stacks? If so what programs are you enjoying the most at the moment to build your wealth.
Posted Using InLeo Alpha
i agree with all of this post.
And tp plug myself, I hope BBH, in the future will be included in such talks.
!BBH
@bitcoinflood! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @bradleyarrow. (12/50)
I need to spend some time to do some brushing up on it for sure.
Thank you 😊
!BBH
https://inleo.io/threads/bitcoinflood/re-bitcoinflood-2bowbf7q5
The rewards earned on this comment will go directly to the people ( bitcoinflood ) sharing the post on LeoThreads,LikeTu,dBuzz.
I am also using hive blockchain from last 5 years and believe in the successful future of Hive blockchain but still trying to understand why hive progress is to slow in terms of adoption and rewards system improvement
true. i haven't found a better web3 social media than hive and if there is i would love to know O.O.
yea people need to start saving as much as they can and using the money to work for them. staking is definitely one way to grow wealth. for those that want a safe return i think 20% on hbd is pretty good.
I recently joined hive Blockchain, using 3month. Since have joined hive have been more of saving, But today I found this post very educative and enlighten.
Thanks for sharing with us.