The Resiliency Of Hive
When the water goes out, we see who is swimming naked.
This phrase by Warren Buffett does tell us a lot about bear markets. It is certainly true of the crypto bear we are seeing right now.
In this video I discuss what makes Hive resilient. While it is going to get slammed like everything else, it is also holding up rather well. There is a resiliency that appears to be growing. If the bear market is for builders, we could see a lot coming this way.
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In our case, clothing is government regulations, so Hive is letting it all hang out for people to see, open-source style.
And outside what those governments set down as regulations.
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if this Bear market seems like a perfect opportunity to continue working on building the foundations for the future. Always from the not so good we must learn and make the necessary corrections
That is what bears are for. Keep building and filling your bags. It is the time when we go to work.
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View or trade
BEER.Hey @taskmaster4450, here is a little bit of
BEERfrom @pixresteemer for you. Enjoy it!Do you want to win SOME BEER together with your friends and draw the
BEERKING.I guess the bear market is hitting those developers and it's good to know that Khal is able to get back some responses.
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Get some back and on the cheap.
Dan found that the case with getting devs for Ragnarok. He can get them easier than before.
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Lmao... REALITY SETS IN.
Sobering to analyze Hive accurately isn't it.
Hard to keep that bullshit croak in your throat down that was so used to pushing hype to the peasants.
Summary:
In this video, the speaker discusses the concept of resiliency within the Hive blockchain community, particularly in the context of bear markets. He highlights the importance of projects being able to withstand market fluctuations and emphasizes the need for strong business models. Despite the challenges faced by Hive, such as lack of recognition and price drops, the speaker acknowledges the progress made by various projects within the ecosystem like LeoFinance, Splinterlands, and Ragnarok. The speaker also commends the dedication of individuals within the Hive community who continue to support and contribute to the platform during market hardships.
Detailed Article:
The video dives into the theme of resilience in the Hive blockchain community amidst bear market conditions. The speaker starts by referencing Warren Buffett's quote about exposed vulnerabilities during tough times, emphasizing how bear markets reveal the strength and weaknesses of different projects within the crypto space. He predicts that many projects, including popular ones like Coinbase and Celsius, may face challenges or even collapse in the current market environment due to unsustainable business models.
Moving on to Hive specifically, the speaker acknowledges that the platform has been overlooked in the past, facing obstacles like shadowbanning on Twitter that hinder visibility. Despite these challenges, the speaker notes a positive outlook with the growth of various Hive-based projects. He mentions DisregardFiat's honeycomb technology and its integration into SPK Network as a promising development, along with the continuous progress of applications like LeoFinance and Splinterlands.
The speaker stresses the importance of development during bear markets, highlighting how the current period allows projects to solidify their platforms and applications. He mentions Khal's experience of developers reaching out for work during the market downturn, reinforcing the idea that this phase is crucial for building sustainable projects within the blockchain space.
The speaker also discusses the utility of the Hive token, noting its role in engaging with the Hive blockchain and participating in governance issues. He mentions that while Hive has not yet experienced a groundbreaking moment like other platforms, ongoing developments, such as the upcoming Hive hard fork, indicate positive progress for the ecosystem.
Moreover, the speaker praises the resilience of Hive, attributing it to the dedication of community members who remain committed to the platform regardless of market conditions. He highlights the consistency of certain individuals who continue to create content, develop projects, and support the ecosystem even amidst price fluctuations and market uncertainties.
In conclusion, the video underscores the resilience of the Hive community, driven by ongoing development, dedicated contributors, and a steadfast commitment to weathering market challenges. Despite facing hurdles, Hive's progress in project development and community engagement signifies its ability to withstand bear market pressures and emerge stronger in the long run.
Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.