Hi HODLers,
I know I am late tot he party but I was just reflecting on how HIVE has been strong during the small Bear market we had and in the ongoing pump!
I feel HIVE became some kind of steady evergrowing cryptocurrency. I also feel the mood towards it from the community (us) keeps on being positive for the long run. I see less and less short term investors/bloggers. We are all on a journey and most of us are there for the long one!
HIVE price chart
If you dezoom, the current pump does not seem like much but if you look at the performance of the past 3 month; we are up close to 40% in the past 2 weeks!
That is crazy! And it seems there is more to come thanks to our Bitcoin Big Brother.
Bitcoin is still under threat!
Speaking of our dear orange pill, lately there has been a weird increase of violence in El Salvador. This followed some direct and indirect threats from the US to the Bitcoin standard in this country...
N.Bukele is increasingly involved in the matter through new laws and a hard repression on these local gangs killing a lot of innocent people.
We have then seen an increase in news depicting his move as "authoritarian", lack of freedom...
- El Salvador grabs 1,000 gang suspects, cuts food for inmates
- Hundreds Arrested in El Salvador, Raising Fears of a Civil Liberties Crackdown
...
I do not deny that Bukele took very coercitive measures making prisoners' lives a nightmare to make gang back down.
I am just surprised that all of these articles focus on deprivation of mattresses or bullying of inmates and none is informing us on why did gang violence suddenly spiked for no apparent reasons...
I cannot help to think that El Salvador adopting Bitcoin might have to do with all of this... As Saddam Hussein or Kadhafi planning to sell oil in euro. Weirdly they never stayed in power long enough to fulfill these reforms...
Stay safe out there and long live Bitcoin and Hive...
