Tribalism is something that is viewed as a cancer within the crypto industry. This is interesting because it appears to be a human characteristic. The ability to assemble, based upon whatever variables people use, is a part of human history.
For much of that time, naturally, it was based upon geography. This is now being eradicated with the Internet and the ability to communicate with people all over the world.
Nevertheless, the idea of assembly still holds. In fact, our economies are still centered around this concept.
Whether it is religion, sports, politics, entertainment, education, or friends hanging out, there is going to be some type of common interest. This can extend to age, hobbies, and an assortment of other activities. Some enjoy golf while others are into tennis.
As we push further into the digital world, we see concepts such as digital real estate, network-states, and volunteerism being discussed. To me, these are all in alignment the other ideas.
Freedom To Choose
Blockchains networks offer the potential for people to choose. By this we are referring to the governance system they want to operate under. It is obviously something that is not present in our lives since, for the most part, our governance system is determined where we were born.
This is where the concept of "the lucky sperm club" come in. If we were fortunate enough to be conceived in the right area, to the right people, we have a much different experience as compared to billions of others.
In the digital realm, movement is much easier. There is also the freedom to choose where one focuses his or her attention.
That means, when it comes to an ecosystem like Hive, nobody is forcing anyone to be here. People are free to enter, or exist, as they see fit.
It also means that people get to choose who committed they are to building what is required. Being a trailblazer carries with it certain characteristics. This was true for much of history. Nothing has changed. The reality is most are not cut out for it. There are a lot of obstacles that come with being an early adopter.
Hence, each person has a choice to make. This is what volunteerism is all about. For most, when it comes to Web 3.0, they are not even aware it exists. For most who do, they are really doing little to carry things forward.
Nevertheless, we have to keep delivering the message of what these new systems will look like. We are not simply dealing with online social media or a series of new games. This is much bigger.
Restructuring Of The Entire Economy
Blockchain systems are going to restructures the entire economy. Read that again.
We are seeing something not seen in over 150 years. The last time we witnessed something this revolutionary on an economic scale was the shift from agriculture to industrial. Even the digital age (the era of the microprocessor) will pale in comparison.
The Internet, as we know it, was just a primer for what is to come.
We often discuss the idea of the network-state. In simple terms, it is the digital replacement for the nation-state that we are so familiar with. This means that many of the components found within nations are going to be resident on these digital networks.
Here is where tribalism enters the picture.
Many believe that multi-chain is the future. This could well be the case in terms of the idea of bridging. We can think of this as a national highway system that links different parts of the country together. However, this is simply a transportation mechanism.
To me, the focus is going to be on the primary ecosystem one chooses. This means "going all in" on something like Hive. Why is that? The answer lies in this is where the results can come from.
As stated, we are restructuring the entire economy. It means we have a totally different basis for operating.
For example, many reading these words have Netflix. They also have Pandora or Spotify. X is a platform used for social media. Amazon or Alibaba could be where one shops. CNN, BBC, or Fox might be the news source.
The question becomes who benefits from these services and what does the individual get out of it?
We all know the answer to this. Here is where the Web 3.0 design disrupts everything. It is also how the economy completely shifts.
What happens if all those services are available from the members of one's "tribe"? In other words, the network-state is providing the digital services along with many in the physical world that are a daily part of people's lives?
To take it one step further, what happens when an individual has a vested financial interest in each. Tokenization brings a new layer of economic activity that is not captured within the present system. Nobody directly financially benefits from the growth in GDP. Sure, the individual components do but where is the value capture of the entirety? It does not exist.
With ecosystems built on blockchain, they do.
Going All In On Hive
Stop bitching a fix it.
This might seem controversial to many but we have to harken back to the trailblazer idea.
When the first settlers when into an new area, did they bitch to others about how hard it was? Did they call for other people to fix things? Do you think the buildings, legal system, and businesses magically showed up? If there was a river and no bridge, what did the people do?
Again, these are obvious answers.
People had no choice. They stepped up and did what was required.
If we understand the concept of the network-state along with how all of this will unfold, it becomes clear. Those who are all over the place, even within Web 3.0, are going to see lackluster results. Many will disagree since the focus tends to be solely on price action. We are not talking about bull runs, Lambos, and green candles.
Instead, we are talking business.
Do start ups go into hundreds of locations from the beginning? Are they involved in dozens of different markets?
This is not how it is done. Instead, they start in one area and spread. As resources become available and, if in the digital realm, different network effects kick off, they then expand.
So when setting up a settlement, what is the first thing to look for? It start with the land. There needs to be good soil for planting of food, access to water, and maybe some attributes that can provide defense such as being on a plateau.
For Web 3.0, this equates to the blockchain network. This is the foundation upon which all is built upon.
If the network sucks, ultimately the ecosystem will have issues. We can see this already forming as some networks simply are not worth the time. To me, Hive does not fit into the category.
Once the land is claimed (staked), what comes next. Time to build. Those who are settling take responsibility for what is happening. In reality, they have no choice. Nobody is going to come and help them. The development of the community, on all levels, is up to them.
Here is where many systems are lagging. While the base layers are receiving focus, what else is happening? There are few owners in this realm as of yet. Most simply want to approach as users.
Of course, they want the wealth that comes with it yet seem averse to the effort required.
Wealth is not money. If that was the case, countries could generate enormous wealth for their populations imply by expanding the money supply. We know this is not the case.
Instead, wealth is economic productivity. Building businesses, in all its forms (i.e. an economy), is wealth. Money is a tool to achieve that end, but not the end itself.
Hive offers an opportunity. That is all anyone is guaranteed. Here we have a choice of whether to cross the Rubicon or nore. As they say, opportunity usually shows up disguised as work.
The masses tend to be laggards. They want to benefits of being a trailblazer, early to the game, yet lack the willingness to truly join in. It is akin to comparing your life with that of someone famous or successful. We want all the benefits of that person's life without the problems they go through.
We want to cherry pick the good and leave the bad behind. That is not how life works.
Hive is no different. Those who are going to massively succeed will be the ones going all in. It really is that simple. While we are restructuring the economy, we are still dealing with some basic economic and business principles.
There is choice to make. As we move ahead over the next 24-36 months, this will become clear.
What decision each person makes is up to them. Unfortunately, most will make a decision by not making a one. They will default to inaction.
Disruption is taking place on many levels. There is an opportunity to position oneself to take advantage. This means making some firm decisions about what one is going to do.