The world is abuzz with anything crypto. Robinhood a giant stockbroker and electronic trading platform with AUM of $20bn restricted crypto trading just to stay safe from the buzz going on. They recently raised $1bn from investors after being strained by the high level of trading this week.
I have looked and concluded that crypto is the future. The road will be bumpy, some coins will cease from existing but some will soar like an eagle.
MicroStrategy is one company that has seen the future and currently holds an aggregate of approximately 70,470 bitcoins as at December 21, 2020. That's more than $2bn held by the software company. Other companies are putting their capital in BTC, Eth and many others.
This bring the question of what is the fate of other altcoins or specifically hive and leofinance.
I have ruminated over this and I see a good future for hive and 2nd layer dapp Leofinance.
Twitter mess is Hive blessing
The recently concluded US elections shows everything wrong in centralised media. It shows that the founder can wake up and delete anyone account. @theycallmedan suffered something similar when twitter suspended his account. This is a norm with centralised media. Facebook do flag my crypto posts and suspend me for some hours when I post on groups.
That's not how real life should be. This is where Hive comes into place. Hive is for all and can easily grow to tens of millions of users. There is ecency app that makes connection to Hive chain easier for app lovers. You can use peakd or hive.blog for web interface if that's what you prefer.
You are assured no-one will wake up and delete your account. It's decentralised over here. The ability to earn something from your contributions make it lovely too. Hive can definitely be the Facebook of the world. It won't be easy but it's possible.
What is Leofinance fate?
I believe you have heard about Bloomberg, Yahoo finance, Motley Fool and many finance websites. These are subscription based sites that offers news on what's going on in the money market.
This is where @leofinance can make changes. Leofinance interface is so unique everything is streamlined to bits. Leofinance can challenge the authority of Bloomberg, Motley fool, Forbes, and Yahoo finance. We can have Leo correspondents bringing latest finance news from all corners of the globe.
Everything will be free and contributors even earn for their contents.
I see a bright future for hive and leofinance. You should get some of the coins and hodl. Remember, companies going the decentralised way will need a decentralised medium to post their contents.