Hive Economy: Being Accessed By People All Over The World Getting Them Out Of Local Dependence
We live in amazing times. At present, we are watching the Hive economy forming. This is interesting since it is global in nature being, mostly, in the digital world.
In this video I discuss how the economy is accessable by all with an internet connection, allowing them to usurp their local economies. This is a huge step forward. The key is Hive comes with its own coins along with the ability to create DeFi.
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But in order to reach that level first we think how people all over the world will discover hive blockchain
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Yeah, that's great news. If we will only depend on our local economy, which is afflicted by corruption and oligopoly, the situation appears hopeless. Thanks to the Internet that anyone in any part of the world particularly from those countries with dysfunctional economies can now have access to opportunities made possible by both blockchain and cryptocurrency technologies.
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I personally have taken full advantage of this concept. It hasn't happened overnight. I have spent enormous amount of time on HIVE to first build myself a capital in HIVE and secondly build my knowledge base surrounding crypto (from HIVE mostly) to make good use of the capital. It took a while but is finally paying dividends.
But here comes a glaring issue. The only reason I have been able to actually use the money is because we have an easily accessible p2p connection to immediately exchange crypto into our local fiat currency. In places where this option is not available, the money in crypto becomes worthless in the immediate present (maybe not for the future, but right now). This is one area that could be globally worked on to make crypto more "legit" in the eyes of the common people. Because when normies ask, okay now that I have all these crypto money - how do I cash out? and we say, well not now...maybe in the future, it immediately sends red flags hoisted all around.
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