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	<title>| Yohan Erik Ahlgren | Favorites</title>
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				<title>gorthole joined the group Казино Селектор  официальный сайт, скачать и играть онлайн бесплатно в полной версии, игровые автома</title>
				<link>https://www.bitcoinmyk.com/activity/p/437/</link>
				<pubDate>Thu, 01 Jun 2023 02:45:25 +0000</pubDate>

				
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				<pubDate>Thu, 01 Jun 2023 02:45:24 +0000</pubDate>

				
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				<title>gorthole joined the group Селектор Казино Selector Casino 2023 обзор официального сайта: как играть онлайн на деньги и бесплат</title>
				<link>https://www.bitcoinmyk.com/activity/p/435/</link>
				<pubDate>Thu, 01 Jun 2023 02:45:23 +0000</pubDate>

				
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				<title>ilike this bmw</title>
				<link>https://www.bitcoinmyk.com/activity/p/434/</link>
				<pubDate>Thu, 01 Jun 2023 01:32:28 +0000</pubDate>

									<content:encoded><![CDATA[<div class="activity-inner"><p>ilike this bmw</p>
</div><div class="youzify-post-attachments">
			<a href="https://www.bitcoinmyk.com/storage/youzify/members/3906/2023/06/car-cover.jpg" rel="nofollow" class="youzify-img-with-padding" data-youzify-lightbox="youzify-post-434"><img loading="lazy" class='lazyload' data-src='https://www.bitcoinmyk.com/storage/youzify/members/3906/2023/06/car-cover.jpg' alt=""></a>

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				<title>hey everyone im gorthole and imnew</title>
				<link>https://www.bitcoinmyk.com/activity/p/433/</link>
				<pubDate>Thu, 01 Jun 2023 01:30:39 +0000</pubDate>

									<content:encoded><![CDATA[<div class="activity-inner"><p>hey everyone im gorthole and imnew</p>
</div>]]></content:encoded>
				
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				<title>gorthole became a registered member</title>
				<link>https://www.bitcoinmyk.com/activity/p/431/</link>
				<pubDate>Thu, 01 Jun 2023 01:29:40 +0000</pubDate>

				
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				<title>hi everyolne</title>
				<link>https://www.bitcoinmyk.com/activity/p/430/</link>
				<pubDate>Wed, 31 May 2023 19:16:47 +0000</pubDate>

									<content:encoded><![CDATA[<div class="activity-inner"><p>hi everyolne</p>
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				<title>The Present and Future of Basic Income / ベーシックインカムの現在と未来(ENG/JPN)
yadamaniart (72)in LeoFinance • 2 days ago
(ENG)

Basic income is basically a policy whereby the government transfers a certain amount of money to an account on a regular basis for all citizens.
It has probably been about 10 years since I read about this policy in a book, but I would say that we are still a long way from everyone in the world being able to receive some form of basic income.

There are some countries in the world that have pilot programs, but none of them seem to have implemented them in earnest since then.
For example, Finland experimented with basic income in 2017-2018. The results reported that while there was no significant impact on work ethic or employment promotion, stress was reduced and happiness improved.
However, despite these positive results, the program has not been fully implemented.

The difficulties with a basic income system include the problem of financial resources and the need to review other systems such as social security.

Here is a list of places that are currently experimenting or are planning to experiment with basic income.

Oregon, U.S.A.: The Oregon Rebate has successfully collected the signatures needed for the November 2024 general election. The Oregon Rebate establishes a statewide universal basic income.
Ireland...A three-year Basic Income pilot program starting in September 2022: 2,000 artists and cultural workers will receive an unconditional income of ?325 per week.
the Special Province of Yogyakarta, Indonesia...implemented from November 2021 to April 2022. The final report will be presented at a public forum on Sunday, May 7, 2023.
It is likely that other experiments are being conducted in other parts of the world.

And in the world of crypto assets, there seems to be a cryptocurrency for basic income. There are many currencies for universal basic income (UBI), taking advantage of the characteristics that people around the world can receive.

mannabase You can get 1 MANNA per day. But it is quite a hassle to download an app before that. https://www.mannabase.com/
glo...also called Glo Dollar...the catchphrase is to end poverty by adopting Glo. It looks like a stable coin. Currently in alpha version. https://www.glodollar.org/
3.Worldcoin (WLD)...A project by ChatGPT founder Sam Altman and others. They will distribute cryptocurrency to people around the world. The system involves scanning the iris for identification and receiving the WLD. https://worldcoin.org/
And I wish this Hive could be more like a basic income. In my opinion, depending on the amount, if people could receive a basic income of, say, half of a typical monthly salary in the country, it would not weaken people&#039;s motivation to work so much. The reason is that if they have a serious illness, have an accident, or some other serious problem, they would be in trouble if they did not have money.</title>
				<link>https://www.bitcoinmyk.com/activity/p/428/</link>
				<pubDate>Tue, 30 May 2023 19:01:04 +0000</pubDate>

									<content:encoded><![CDATA[<div class="activity-inner"><p>The Present and Future of Basic Income / ベーシックインカムの現在と未来(ENG/JPN)<br />
yadamaniart (72)in LeoFinance • 2 days ago<br />
(ENG)</p>
<p>Basic income is basically a policy whereby the government transfers a certain amount of money to an account on a regular basis for all citizens.<br />
It has probably been about 10 years since I read about this policy in a book, bu&hellip;<span class="activity-read-more" id="activity-read-more-428"><a target="_blank" href="https://www.bitcoinmyk.com/activity/p/428/" rel="nofollow ugc">Read More</a></span></p>
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				<title>https://youtu.be/5CI6SLOfNv4</title>
				<link>https://www.bitcoinmyk.com/activity/p/425/</link>
				<pubDate>Tue, 30 May 2023 18:43:06 +0000</pubDate>

									<content:encoded><![CDATA[<div class="activity-inner"><div class="youzify-embed-wrapper"><iframe loading="lazy" title="Bitcoin MYK - Minting Tutorial" width="720" height="540" src="https://www.youtube.com/embed/5CI6SLOfNv4?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></div>
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				<title>Back in biz, time to take it to the #nxt1v1 ^^</title>
				<link>https://www.bitcoinmyk.com/activity/p/363/</link>
				<pubDate>Thu, 09 Mar 2023 11:04:00 +0000</pubDate>

									<content:encoded><![CDATA[<div class="activity-inner"><p>Back in biz, time to take it to the #nxt1v1 ^^</p>
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				<title>AI is coming for your rewards!
Look out the big bad AI monster gonna getcha!

I&#039;ve seen a lot of discussion about this and I find it all a bit ridiculous. People on Hive seem to think that if something is easy then it must not have much value. Inversely, if something is hard it must have more value. A very well written 5000 word synopsis on XYZ topic has lots of value, amirite? It might take 30 minutes to read and 300 minutes to write but it was all worth it in the end, yeah?

Okay well what if no one wants to read your never-ending yammering?
Who has time to read a 30 minute post? Who is the target audience here? What&#039;s better? Five people reading the 5000 word post, or a thousand people reading a 500 word post? Surely it depends on a myriad of variables that aren&#039;t even possible to calculate within this butterfly-effect simulation.

diamondeyesauron2.png

pixelsword.png

Work smart not hard.
This is a term we&#039;ve heard countless times.

It is a known fact that things that are hard don&#039;t necessarily have value, while things that are easy can have way more value than things that are hard. A lot of people have been talking about raising their own chickens because of the jacked up prices of eggs. I find it comical because I&#039;ve actually had chickens and I know for a fact that even at the jacked up prices, backyard chickens aren&#039;t going to save you a dime. Nice try libertarians.

Of course the quality of the product goes way up when the product isn&#039;t being mass produced. This applies to many things, including eggs, and it&#039;s hard to put a price on such a thing especially when it&#039;s food and could end up having a direct impact on your health. Considering healthcare costs in America once again we move into one of those impossible-to-calculate butterfly effect situations.

digitalbitcoinmatrix.png

spaceship travelling within nebula.png

Either content has value or it doesn&#039;t.
How the content is produced is extremely irrelevant. The argument that AI content is easy and therefore should not be rewarded is provably false across all metrics. Basic capitalism teaches us that consumers want the best product for the cheapest price, and they don&#039;t care what it takes to get there.

Statistically, no one is going to buy an inferior product for more money just because it was &quot;handmade&quot; or &quot;locally sourced&quot;. Products like that will only be purchased if the extra price is actually accounted for with properly associated higher quality.

image.png

diamondeyesauron.png

&quot;Quality Content&quot;
There honestly is no such thing as &quot;quality content&quot; on Hive in the traditional sense that we perceive it to be. The vast majority of rewards come from consistency and networking over very long periods of time. The quality of my content has not improved x1000 since I came to this community in 2017. And yet my post rewards have in fact gone x1000 or more. It&#039;s pretty easy to see that the quality of my content had very little to do with the rewards I was given in real time.

Of course there is a stacking effect.
Content that I wrote years ago may have been rewarded with pennies, but then again that&#039;s the only true path toward engagement and getting noticed and building a reputation around these parts. So again we become mired in this butterfly-effect of never knowing exactly how our actions and the work that we do here spiral out into the future.

naturelakeskyforestreflect.jpg

wizardtower.png

Value of Blogging.
There is an argument to be made that perhaps the Hive reward pool is over-allocating resources to the blogging side of the network. This is a much better argument than &quot;AI content bad&quot;. Are these blogs providing value? Are they getting attention from the outside? Are they helping the community from within? To a certain extent they must be... but again measuring that value and making a determination as to whether it is &#039;overpaid&#039; or not is a very difficult thing to do. This is especially true considering we need the reward pool for other things like distributing stake for a more robust governance structure.

A few prominent members on Hive think we should outsource the blogging rewards (entire reward pool) to a second layer token. I still need to do a full post on this, but in conclusion that is objectively a terrible idea. Either blogging has value and it should exist, or blogging does not have value and should not exist. There is no scenario where it is worth it to outsource blogging to the second layer and it suddenly has value where none was before. That&#039;s ludicrous logic, especially when we take into account that a &quot;comment&quot; is simply a declaration that work has been done and could evolve into much more than just social media.

Even more alarming, these people often have a severe conflict of interest. It&#039;s not valid or even mildly appropriate for a top 20 witness to voice these opinions to the network. Why? Because they have a financial incentive to divert all available inflation into their own pockets while leaving everyone else powerless. Notice how these same people would never suggest top 20 witnesses be paid less even though they could easily afford to be paid less (especially if the reward pool disappears). Hell I have a witness outside of the top 20 that turns a profit even though it&#039;s shared between 3 people. What happens if Hive goes x100? All profit all day.

herodoge.png

neonbull.png

Would you buy it?
Would you buy a house for half the price if you knew that it was built by robots instead of people? Course you would. Capitalism. This goes for any product or service. The biggest consideration is, &quot;Was this product built by slave-labor?&quot; And yet I still see people buying Nike shoes. Bots will eventually do all the grunt work, that much is certain.

Now what happens when AI displaces the slave-laborers and the lower class becomes priced out of existence? This is the problem that crypto needs to prevent. Imagine the scenario where slave-wages are the preferable option. Such a dystopian future we are heading into. People as collateral within the economy are losing their value, and it&#039;s not a pretty picture. Automation and technology have been gutting the job market for decades. The situation will continue to escalate exponentially to be sure.

apediamondhands.png

Conclusion
Can AI build an audience? Can AI provide value? Can AI do things better and more easily than a person? If the answer is &#039;yes&#039; then it doesn&#039;t matter how much effort was put into the output. Value is value no matter how we slice it.

Thus far AI is just a tool to be used by people. We are probably going to be in this phase for a while. If you want to dig a hole are you going to demand it be dug by 100 day laborers or a single hydraulic backhoe? Right tool for the right job. It&#039;s as simple as that.

Posted Using LeoFinance Beta

PALNET
PROOFOFBRAIN
AI
CHATGPT
OPENAI
CONTENT-CREATION
HIVE
REWARD-POOL
LEOFINANCE
434
1
67
$1.17 USD

Begin editing...

67 Comments
 REWARD 

azircon
1d
I am a reader.

I am the consumer.

I decide the value.

So do you, when you are a consumer.

Asimov explored this problem a long time back. These are complex topics, answers are also complex and subjective. So I choose to decide myself.

&quot;Can you?&quot;

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edicted
81
1d
Asimov was way ahead of his time.
It&#039;s actually pretty surprising his content is still relevant considering how dated things like Foundation are. Originally published in 1951? lol how? Master visionary is master.

So I choose to decide myself.

Doesn&#039;t everyone?
I find it odd how much engagement and pushback I&#039;m getting on this one.
This must be a much more triggering topic than I anticipated.
Didn&#039;t think I said anything particularly crazy but clearly I did.

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azircon
1d (Edited)
Yes, the original was published in 1942 as a short story called Runaround, where the three laws of robotics were mentioned first. Later in 1950-51 several stories were asselbled together and published as I, Robot.

Yes, Asimov was way ahead of his time, and still relevent.

Lets see if this post of yours fetch less than $50, I can upvote it. Not that you care :)

PS. Nah, it is highly unlikely! :)

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edicted
81
20h
Oh you and your dollar measurements.
Wen unit-of-account crypto?

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azircon
20h
USD forever edicted!

Don’t bet against USD, you will lose every time. At least in your and my lifetime :)

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edicted
81
19h
I see your point but it&#039;s also kind of funny because USD is intrinsically designed to be bet against. Velocity and debt go hand in hand it seems.

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azircon
8h
Yes, its a trap :)

Many people have done it, including Buffet, and failed badly. For Buffet the hit was about $4 Billion for BRK-A. The point is, to get the debt thesis to go successfully against it two things are needed:

An infinitely deep pocket, larger that FED. Nobody has it.

Other people, likely central banks from other countries need to join your side of the bet. This is impossible as their largest assets are in USD (China, Russia, etc...among the enemy nations)

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shortsegments
1d
38 comments. Yep I would say you have written on a topic people are concerned about or have opinions on..

Posted Using LeoFinance Beta

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shortsegments
1d
Ouch! That is a stone cold clip. Telling a sentient being they don’t feel and calling it a machine or too. The ultimate depersonalization of this Robot.

Posted Using LeoFinance Beta

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timmy-turnip
1d
You have put forward some ideas that I hadn’t considered before. I’m not strictly against AI usage. I’m against plagiarism of said AI without crediting it. If the AI is doing all the work and none from the human, other than a prompt, would it not be the creator of the AI who deserves the reward?

I will have to consider the opinions about the witnesses. The elite few controlling the masses is exactly how many problems arose in todays world and government. I’ll need to be more educated on that subject.

I appreciate the read and counter opinion.

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slhp
1d
Yes and no. Creator of the AI is the creator of algorithm and training initially.

AI itself by definition evolves. And through your interaction with the AI you further evolves it.

Where do you draw the line to say you have done enough interaction to evolve the AI and now the output is your effort?

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timmy-turnip
1d
But the code itself doesn’t change. It’s the same tool, just being told to behave a certain way by the users prompt. From the AI itself, plagiarism is copying the text without adjustments. If you adjust very little, you still must cite. It’s the same as if you were to copy the text of a book without citing it. In school, you would get a zero and punishment. The same kind of shunning the community gives to people who plagiarize. The AI does not plagiarize because it generates the text but once it’s done, the text that is generated is now officially the ai’s/openai’s. If you are just copying text, I would argue that it would still be under the ownership of the one that generated it. Therefore, income from that should either be burned or donated.

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slhp
1d
The algorithm is open source. It’s the data and training that go into it the differentiator.

If there is any citation, it’s the common knowledge and the “internet” itself, which would be ridiculous to “cite”.

Let’s just assume going forward more and more of the stuff we see will be by default assisted by AI.

Have you seen any news that could be generated by AI with a citation alluding to AI?

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borsengelaber
1d
Am also the opinion that the audience will decide if a post has value or not. It doesn’t matter in the end how it was created, does it?

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shiftrox
1d
AI is already among us, it&#039;s going to be something hard to stop, these last few days there has been an explosion of it everywhere, not just in the hive. My opinion is still in favor of the human being, he should write and create the content.

IF you use AI just to refine and improve some points, as we already use some programs to improve grammar, in my opinion, everything is fine.

Now using AI to create all content from zero to 100, I don&#039;t agree with that.

!PGM !PIZZA !LOLZ

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pgm-curator
1d
Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 1 SBT - 0.1 THG - 0.000001 SQM - 0.1 BUDS tokens to @shiftrox
remaining commands 8
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

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Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

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lolzbot
1d

lolztoken.com



Where do Pigs go on vacation?
Boara Boara.
Credit: reddit
@edicted, I sent you an $LOLZ on behalf of @shiftrox

(1/8)

PLAY &#038; EARN $DOOM
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slhp
1d
The division of comparative advantage between AI and human right now is AI is best at generalization 99% of the time, but AI as a pattern recognition algorithm is not very good at handling outliers.

The most effective way to use AI is to let AI go first, hoping the output would get you to
90%-99% of the way, and human do the final validation and touch up.

Now, understanding this, how does this impact our opinion?

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pizzabot
1d
PIZZA!
PIZZA Holders sent $PIZZA tips in this post&#039;s comments:
@shiftrox(6/15) tipped @edicted (x1)

You can now send $PIZZA tips in Discord via tip.cc!

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poshtoken
1d (Edited)

https://twitter.com/1884771912/status/1632421534710022145


https://twitter.com/27706436/status/1632794877388898305

The rewards earned on this comment will go directly to the people( @shiftrox, @seckorama ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

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awesomeintrigue
1d
The AI discussion is heating up and all I can say is that people feel threatened so their first reaction is &quot;To Hell With YOU!!&quot;, and I can understand that. But it is ridiculous and delusional to think that you can prevent AI content or that you even should prevent AI content.

Most of these discussions I find useless and don&#039;t even want to take part in because I can see how little most people even understand about how generative AI works and to what extent it can be used. I understand that the dumbest thing you can do with tools like ChatGPT is &quot;write me a post about pottery&quot;. What do you know about pottery and how are you going to be able to communicate with your audience if they have some specific experience-based questions and arguments on that topic? I feel that posts like that won&#039;t receive many rewards anyways.

There&#039;s a whole other level of using ChatGPT where you do the research on the topic feed it data and then use it as part of your team to write a compelling article about it in a way that&#039;s engaging and useful to readers and also because you researched the topic yourself you can continue the discussion with your audience outside of that. If that isn&#039;t valuable, what is, right?

Not everyone is born a writer, nor do they want or can learn the skill of writing to the level of capturing attention and satisfying as many readers as possible. But that&#039;s the thing. Now they don&#039;t have to anymore. They can nerd out on the topic they enjoy and research all the details that others miss because they aren&#039;t looking that deep into it and the AI only helps you express that to others. I don&#039;t see the problem with that myself.

The future is here, those that embrace it will thrive, and those that still want to live in the past will be in a forest or jungle or idk. Nothing wrong with that, but this is how it goes, and always will.

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fenngen
1d
I think you&#039;re not considering the value of human existence at all, I imagine you being a person who spends most of his day looking at data, information, and numbers on a screen you can&#039;t even fathom to look outside at what other humans are experiencing. If an 8 year kid plays a Metallica song it has a lot more meaning to an audience because it&#039;s rare that a kid would have the perseverance and discipline to develop such skills. That is the real value, because the song already exists and has been covered a thousand times.

If a person produces their food, then the value is the patience and dedication, not the product that is something that&#039;s already produced massively by machines and very easy to acquire at a store. That&#039;s not even considering the environmental impacts of leaving everything in the hands of machines, which home-growers are doing their part to reduce.

Sorry, AI is very cool, yet it is already receiving a TON of the Earth&#039;s resources which could be distributed among humans instead. I&#039;d rather Hive not be a place that feeds the AI indiscriminately and keeps preferring the efforts of people before that of machines.

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edicted
81
1d
I imagine you being a person who spends most of his day looking at data, information, and numbers on a screen you can&#039;t even fathom to look outside at what other humans are experiencing.

You imagine me as someone who lacks perspective?
This is something I am not accused of very often.

In fact I&#039;d say a big part of the whole brand I have going is the ability to come at a situation from many angles at once. Perhaps you disagree.

If a person produces their food, then the value is the patience and dedication, not the product that is something that&#039;s already produced massively

I believe I already stated in the original post that growing your own food is inefficient, decentralized, and higher quality. Not relying on a centralized agent has value in itself.

it is already receiving a TON of the Earth&#039;s resources which could be distributed among humans instead

If resources could be fairly distributed to humans within the system we&#039;ve built then the system we built wouldn&#039;t be on the brink of collapse. You can just say idealistic things and magic them into the world like it&#039;s a trivial process.

I personally don&#039;t even believe that AI has much to offer at the moment. I think it won&#039;t be long before a lot of us get wise to it and can stiff it out instinctually with ease. The content is extremely patterned and predictable. But also sometimes patterned and predictable content is exactly what we need in certain situations... so there is that.

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fenngen
22h
You imagine me as someone who lacks perspective?

You have a lot of perspective, I commented once that I didn&#039;t have enough money to even care about your post but I enjoyed it nonetheless because of how it was written.

I don&#039;t even read financial posts but I have you on my favorites in Ecency, picture that. And it&#039;s because your thought process is clear and easy to follow. Also because you have a red mage in your avatar.

But I do think your perspective has a bias in that it&#039;s a cold perspective. It&#039;s mainly based on information that tends to reduce society to a financial conglomerate, where the hand of the market governs everything.

If that was the case, why do you think porn hasn&#039;t proliferated here in Hive? Porn is one of the biggest and most lucrative businesses, yet despite it&#039;s attempts to come in here it hasn&#039;t found any acceptance. Hive could be taking in major cash through porn, but it&#039;s not, because of the humans value that constitutes this community.

Of course, money is implicit in almost everything we do, with the exception of those who understand this as a spiritual journey, and yet they will have to deal with cash at some point. Yet those people will know glorious days and meditation sessions where money is finally put away from their minds and they can join into the complex abundant fabric of the cosmos where nothing is amiss, therefore money has no place. I have been there but now I&#039;m a lost and corrupted soul, blinded by the lights of modern life.

Getting back to the original discussion, I don&#039;t have a problem with people using AI, but I support those Hive accounts who&#039;ve decided to make a stand for using the pool to support people, even if they don&#039;t add &quot;value&quot;, but rather because they exist and share their experience.

Take the Venezuela community on Hive for example. It has grown a ton because their salaries are quite low and here that can make a very helpful amount. So maybe they upload things that add value or not. But as long as they are sharing who they are, it&#039;s worth supporting over some AI generated image by some guy living at his mother&#039;s house in a first world country imho.

Anyway, this is so classical. We&#039;re basically doing the old debate of value as money vs value as culture. And it was exhausting writing this comment so let life decide what fuck will happen. Sorry if I made you feel insulted, you&#039;re a great analyst and it&#039;s obvious you like what you do, which is the most important thing of all.

Yes, patterns over patterns...

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edicted
81
20h
Nah I&#039;m not insulted.
Just surprised I got the reactions that I got on this one.
I could say the craziest conspiracy theory or any other topic but this one seems to catalyze quickly.

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woelfchen
1d
Good comment :)

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slhp
1d
Buyers will decide how much they value, whether it’s human or AI behind it, whether it is an 8 year old or AI.

Free market, free will.

I still pay premium for good handmade products, over cheap mass produced good products, for that uniqueness and quality.

It is not mutually exclusive. No point to get into protectionism.

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fenngen
22h
True, we can&#039;t stop what people like and consume, but Hive is a community that has proven to have certain values and I think it&#039;s awesome that there&#039;s accounts wanting to defend those values, whatever the result.

But yes, perfectionism is a bitch

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bezpiecznyvpn
1d
Is this article AI written? ;)

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edicted
81
1d (Edited)
No because if it was it would have been trash lol
That was honestly kind of the point I&#039;m surprise that you seem to be the only one that noticed.

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ksteem
1d
Interesting take and good counter-opinion. I&#039;m of the slant that AI could be good used as a research tool (though not relied upon exclusively, because it is often wrong). But to use it fully, or even mostly for a full post? Nah, that&#039;s simply plagiarism (unless quoted as such). I&#039;ll often use wikipedia, or other search material to gather some relative facts for my posts, but that information is then written in my own paraphrasing and/or quoting the source. Why should AI be any different? Give it credit for the &quot;work&quot; or don&#039;t use.

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edicted
81
1d
I honestly don&#039;t feel as if this is a counter opinion.
I don&#039;t think AI generated content will be able to gain much reputation on this platform.
Perhaps this post was rushed and I should have been more detailed in my analysis.

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slhp
1d
I think AI as is, either hit or miss. It is good most of the time and when it works out it takes you to 80% sometimes 99%.

Work smarter, and use all the tools available.

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starkerz
4h
The beauty of hive is the ability to know whicb accounts were active Pre ai era and then use those accounts amongst other tools to help define human accounts post ai era. Then make sure those humans are the ones elected into positions of running the important infra. We might remain human then. For all of its flaws, I like being human and I like to know that the content and value creators supported are written by genuine human accounts. Maybe more of their content becomes ai driven, but that’s ok, as long as I know the account is run by a real human who adds value to the community.

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valued-customer
1d
&quot;Such a dystopian future we are heading into.&quot;

Were we restricted from ourselves determining our future, you would be correct. However, the law of physics has changed what means are available to humanity, and you note that automation of production has increasingly changed the value of labor. You yet fail to note that decentralization also alters the value of capital. Why should I buy shoes from Nike when I can print them at home for pennies using PLU and a 3D printer I spend a fraction of the value of a pair of Nike shoes to buy?

More and more, the means of production of the blessings of civilization inure to consumers of those blessings, and the examples of the Nikes is replicated across every field of industry. The law of physics determines what technology is possible, and in every field of industry decentralization of the means of production is the cutting edge of technological advance. The most advanced technology most increases productivity, and when we ourselves consume our production we eliminate parasitic losses of our productivity.

Rather than a dystopian slavery of thralls incompetent to provide themselves their necessities of life and hopelessly dependent on overlords for our survival at their whim, we actually are confronted with a prosperity we create as we merit at our sole option, and that utterly eliminates the parasitization of our production by overlords, who thus are not delivered the wealth that avails them power.

I continually point out the nascent opportunity the ambitious and competent have today to seize the means of production and gain independent means, which are the best definition of wealth as well as freedom. Amongst the means of production today is AI that can replace the wearisome repetitive labor and tedious learning curves requisite to specialized manufacturing of goods and services that deliver the blessings of civilization. Perhaps you have remained unaware of these new abilities nascent technological advances avail, or disbelieve my reports on these matters, but I am confident that if you seek to falsify my claims you will observe I am not deluded, making things up, or in any way misrepresenting our circumstances regarding our incredible good fortune being presented such opportunities.

Thanks!

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edicted
81
1d
I mean the future looks awesome for me personally I just worry about those who can&#039;t keep up.

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valued-customer
1d
I am glad for you, and share your concern. I have only moments ago posted begging people to prove me wrong, so that I could humble myself and beg for my CBDC UBI bugpod our benevolent overlords might deign to provide me, if I am wrong.

Your concern reveals your heart. It is why I follow you.

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starkerz
4h
I follow him because he is a degen hive perma bull. Didn’t realise he was a nice guy too.

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valued-customer
1h
LOL

He&#039;s got it going on in multiple vectors. His success reflects his diversity of strengths.

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arc7icwolf
1d
Can AI do things better and more easily than a person? If the answer is &#039;yes&#039; then it doesn&#039;t matter how much effort was put into the output.

This perfectly sums up your article and it&#039;s something a lot of people are finding difficult to understand: if an AI generates a good article, why should we ignore it? If someone put a lot of effort in his/her writing, but the result is poor and of little interest, why should we reward him/her? Having more spare time, I could write all day long about whatever I want... my dinner, my health, my dogs, my shoes... would these posts have value only because I spent hours writing them? Would they help Hive get noticed and become mainstream? The short answer is &quot;no&quot;. And, on the other hand, if an AI can write a well-written post about an interesting topic, using the right language, adapting its lenght to the target audience and making it x100 better of posts about my (not so interesting) shoes, wouldn&#039;t it be better for everyone?

A big mistale people are doing about this topic is, imho, thinking that using an AI to write a good post is easy... and this is completely wrong, at least if for good we mean something that doesn&#039;t look like it was taken from a dictionary saying over and over the same thing using different words.

Have people ever tried using Dall-E or Midjourney (or other text-to-image AIs)? Sure, everyone can get a decent result, but getting an awesome result, genereting exactly what you had in mind is hard, incredibily hard.

The same applies to text-to-text AIs: making them writing something that is good and have its own personality, making it looks more &quot;human&quot;, it&#039;s not easy. You have to know how to talk to the AI, you have to teach them, you have to learn a lot before being able to master them.

The problems are both people which would love to use AI to abuse the sistem (writing tons of useless articles without having any ability in using an AI) and people unable to understand something that is new and different: people always have fear of what is different, and this isn&#039;t something good.

Sorry for the long comment and for my poor english.

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woelfchen
1d
Everything ai writes is hollow imitation
No soul inside, not even a thought

AI does not understand anything, not even concepts

If you only want to read that, that&#039;s ur thing then

But if everyone Acts like that, human progress just stops

Goodbye knowledge, philosophy, gnosis

Hello repetition of status quo

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obsesija
11h (Edited)
AI has no soul, that&#039;s right. But, what is soul? Do you see the soul?

Do your PC understand something? Has soul? No, but, you use it, right? Why? Why you don&#039;t use a pen, but, you use the fastest keyboard, mouse, the fastest maybe CPU and RAM, an other things. Ah, you use a printer to print your stuff, idea, why? Why not use a pen?

AI is nothing else as you PC is, without you, or your asking the PC to make something, your PC is totally dumb machine. AI is the same.

PC = tool to make things extremely faster (and we use it, all of us here)
AI = tool to write/make things (art, text, etc.) much faster (and we will all use it, in a couple of months)

So, why we use it? Ah, you don&#039;t known yet? So, look at bing, look at google, they implement in the next days the AI in their search engines too, sooo... what should we do then? No search at all with these? Hmm, lets see how this would work, every one has this search engines in their pockets, mobiles, soo, explain how will be done?

It is sad to see here people compare AI with the movies. We have the movies scenarios here, without AI too, and long time ago it is all started, no matter of AI. It is started with the first PC revolution.

It is the same like with every other technology, the same is happens when the first tractor was there, why why should use tractors, because, we have horses, who do the same job, but, million times slower. And other technology too, cars, for example, it was the same, why use the cars, because, we have horses, no need for cars... and today? everyone has at least one car, if not more.

So, this is all bulsshit here about fear, that AI will destroy all of our world - the world is already destroyed - you voted for the psychopaths, that destroys the world - right now, without AI.

Ah, but, yes, these &quot;psychopaths (politicians)&quot; you voted for, they have SOUL, you say? THEY destroy our world, right now, - not AI.

What if AI is opposite, what if it helps us to be awaken? Not the AI from today, but in near future, when it is mature? What if AI will be a weapon to protect our self, to protect humanity from these psychopaths? What if it will serve us for good, not just for bad (like all con AI people here just have in mind the hollywood bullshit movies about AI destroying the world)? Just think about, who destroys right now the world and humanity?

At the moment, AI it serve us for good, to create fast text, art images, and match more. So what now? Should we ban AI just because it has no soul? You PC has no soul too, so ban it?

What if AI will have sentence, and &quot;soul&quot; in the near future? Because, soul is something you can decide yourself, and you don&#039;t see the soul, it is just an imagery in our brain, that WE have soul, but, do you decide every time the RIGHT thing? Do we decide every time the RIGHT thing? We think so, but other maybe think is totally wrong what we decide to do, or make. What if AI will help us to decide much faster the right thing?

So, the AI now is just a tool to make our jobs easier, because, without our questions, AI do nothing for us, just like your PC - it just help to do jobs much faster, so, why we use PC, and not pen, to write here the comments right now? Because, PC is much faster as the pen and the internet is much faster to send messages as the letters over the post, so, it should not be considered as it deserve value, , because, PC and internet is fast, right? Why we earn then here Hive with PC, and not with pen and sending letter over post?

You see, it is going nowhere, and AI is here to stay, like all other thing, if we like it or not.

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manniman
1d
I started this track before reading your post and it&#039;s still well running while I finish this comment. People really need to learn to read fast. That&#039;s one of the benefits of written content, input speed for consumers.

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manniman
1d (Edited)
I&#039;ll just go ahead and rewatch that movie today (IRobot). There will be a day to find out that @taskmaster4450 is an Ex Machina. Prepare.

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starkerz
4h
Ai is jealous of @taskmaster4450 work rate and value output. I even hear chat gpt aspires to be him

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manniman
3h (Edited)
wowwwwwww, holy smack!

Check this:

Who is Taskmaster4450 by GPT
image.png

An essay why people should aspire to be @taskmaster4450
image.png

That is proof enough to me! Not a single word of Hive, Leo or 3Speak or any other related things. Bias against us I guess, what da hell!?

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preparedwombat
1d (Edited)
I’ve already spaced out who posted it, but a few days ago someone here did a post arguing that complaining about AI content earning rewards is a losing battle given how fast AI is evolving.

Anyone have a link to it to jog my memory?

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edicted
81
1d
Honestly AI is in a fad phase right now.
It should die down for a while before it resurfaces again with massive upgrades.

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acesontop
1d
The vast majority of rewards come from consistency and networking over very long periods of time.

You can bet on this one. Hive is a social media platform and that&#039;s why interaction matters more than the content itself. I have seen plenty of good bloggers coming and going just because they refused to see the importance of communication and interaction.

In regards to the topic of the post... I would not support A.I. generated content. By doing that we would somehow resurrect the bid bot era sentiment that some of us had back in the days in relation to content creation. If we reward engagement and networking more than the content itself than supporting ai generated content doesn&#039;t make much sense.

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edicted
81
1d
I wouldn&#039;t support AI content either.
Why would I?

I think it&#039;s funny that many assume the exact opposite because I wrote this.
Show me artificially generated content that has value and maybe I&#039;ll think about it.
I&#039;ll wait here.

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slhp
1d
Value is subjective. Discussion like this is valuable, AI can’t replicate, yet.

But what we don’t think adds value may be different for another individual. Who is it to judge?

If a photo that’s a click of a button more worth it than an AI generated picture of a topic of interact? Is it worth more because it’s done by a human vs. interpretation by AI?

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palasatenea
1d
What if it reaches the point when you can&#039;t distinguish what is AI-generated or what&#039;s not?. I think that we aren&#039;t too far from that.

Some days ago I read an article from a University teacher saying that the content that Chat-gpt was able to write was better than the 80% of his students. That&#039;s worrying, interestingly also this teacher asked methods to avoid cheating in careers with AI generated content, and the answer was to make exams and public expositions in class.

The guy I&#039;m talking to you about it&#039;s no asshole. I can tell that.

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starkerz
4h
You need ai generated human emotions to prevent the natural human over reaction when u touch an easily misinterpreted nerve.

I wonder which part of our caveman evolution this comes from. Change is risk. Why fix if not broke.

The ai issue is more touching at what it means to be human and creative. Hive solves this

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starkerz
4h
You need ai generated human emotions to prevent the natural human over reaction when u touch an easily misinterpreted nerve.

I wonder which part of our caveman evolution this comes from. Change is risk. Why fix if not broke.

The ai issue is more touching at what it means to be human and creative. Hive solves this

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mistakili
1d (Edited)
have seen plenty of good bloggers coming and going just because they refused to see the importance of communication and interaction.

Yup!!!

If we reward engagement and networking more than the content itself than supporting ai generated content doesn&#039;t make much sense.

This! &#x1f4af;, then generating AI content in bid to farm rewards wouldn’t make much sense.

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deepresearch
1d
Do we really buy a &quot;content&quot; here? It&#039;s much more about a process of creating product. Reward is just a side effect of allocationg resources to creators.

And here is a place for question. In generative Internet, what is the worth of generative content? If you can generate it yourself, why would you go to Hive?

We need to focus on our unique proposition for Web 3.0. Account and reputation system are a base for verifiable human creations in generative Internet of future. Such product will be of great value in a place where you can never know if you actually interact with person. And many people valie this knowledge.

Our curation choices and policies right know will influence future value of product known as &quot;Hive&quot;.

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woelfchen
1d
Sounds like lot of relativism

There is an argument to be made that perhaps the Hive reward pool is over-allocating resources to the blogging side of the network.

Maybe it is not about quality content but the interaction on this network.
People not wanting the social side, now have the Option to stack hbd in savings to profit by not gaming Proof of brain.

So people are incentivised to support instead of game the network.

People can decide if they want to vote original or artificial content with their stake - others can also decide to downvote.

If you incentivise too much artificial fake social side - it will make the network and especially Proof of brain hollow from the Inside.

I also find other topics regarding ai way more interesting. :) maybe have a short look at my latest post? :)

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slhp
1d
I am with you on all accounts. &#x1f44d;

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shortsegments
1d
I felt guilty about using AI, but after reading this I feel better because I hadn’t considered these viewpoints. I think they are valid. I know of course that someone here can disagree with my position and if they are in a position of power they will downvote me. Then some others will follow blindly and downvote me also. Hive is a great idea but some people can mess up a soup sandwich. Oh well. I am feeling low today. This picked me up. Thanks

Posted Using LeoFinance Beta

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doze
22h
I like your pragmatism here! What I have read is also my opinion!
What&#039;s your witness by the way?

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edicted
81
20h
@hextech we run a shared witness between @rishi556 and @sn0n

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korver
19h
Ai Ai Ai Ai Ai!

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hivebuzz
18h
Congratulations @edicted! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

	You received more than 110000 HP as payout for your posts, comments and curation.
Your next payout target is 112000 HP.
The unit is Hive Power equivalent because post and comment rewards can be split into HP and HBD
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Check out our last posts:

	Our Hive Power Delegations to the February PUM Winners
	Feedback from the March Hive Power Up Day
	Hive Power Up Month Challenge - February 2023 Winners List
	The Hive Gamification Proposal
Support the HiveBuzz project. Vote for our proposal!
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ebingo
17h
Jesus Christ!! I came to your post to fight with you after the last one and here you are agreeing with me! What happened to AI deserves to be sworn at!? Anyway I am glad you see the light. Also people need to realise that it is easier to use AI to make meaningless crap than it is to make content with character.

Like I said on my recent post...all the people attacking chatgpt should go there and make a post that they can call their own...you&#039;ll see how hard it is immediately.

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rubencress
11h
The biggest issue with AI-created content is that people do not understand the difference between Copyright infringement and Fraud. People that hear AI can&#039;t be given copyright, automatically assume they can use it for themselves. But impersonating an author that generally just has their content created by AI is just fraud, as a human is performing the action. If that makes sense.

You could ask AI for ideas, schemes, help, understanding etc. while you write your own content around it.

The worrisome thing to me is, is that AI is programmed by people (people make mistakes, are corruptible etc, you know the drill), so if a lot of people are using (and therefore promoting) AI, it can become a pretty huge responsibility when people are going to rely on AI in the future.

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poshthreads
6h
https://leofinance.io/threads/@celi130/re-leothreads-s1s46qqi
The rewards earned on this comment will go directly to the people ( celi130 ) sharing the post on LeoThreads,LikeTu,dBuzz.

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seckorama
4h
Again, I see that some people here are like Luddites but in the meantime
15 secret websites powered by AI to finish hours of work in seconds

https://twitter.com/heyBarsee/status/1632394928482336768


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				<link>https://www.bitcoinmyk.com/activity/p/360/</link>
				<pubDate>Mon, 06 Mar 2023 23:11:53 +0000</pubDate>

									<content:encoded><![CDATA[<div class="activity-inner"><p>AI is coming for your rewards!<br />
Look out the big bad AI monster gonna getcha!</p>
<p>I&#8217;ve seen a lot of discussion about this and I find it all a bit ridiculous. People on Hive seem to think that if something is easy then it must not have much value. Inversely, if something is hard it must have more value. A very well written 5000 word synopsis on XYZ&hellip;<span class="activity-read-more" id="activity-read-more-360"><a target="_blank" href="https://www.bitcoinmyk.com/activity/p/360/" rel="nofollow ugc">Read More</a></span></p>
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				<title>Yohan Erik Ahlgren changed their profile picture</title>
				<link>https://www.bitcoinmyk.com/activity/p/348/</link>
				<pubDate>Sat, 04 Mar 2023 08:41:10 +0000</pubDate>

				
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				<title>admin joined the group Hive</title>
				<link>https://www.bitcoinmyk.com/activity/p/346/</link>
				<pubDate>Sat, 04 Mar 2023 08:21:34 +0000</pubDate>

				
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				<title>Yohan Erik Ahlgren created the group Hive</title>
				<link>https://www.bitcoinmyk.com/activity/p/345/</link>
				<pubDate>Sat, 04 Mar 2023 05:41:19 +0000</pubDate>

				
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				<title>Greetings from Sunny Sweden with love! :D</title>
				<link>https://www.bitcoinmyk.com/activity/p/344/</link>
				<pubDate>Fri, 03 Mar 2023 23:16:49 +0000</pubDate>

									<content:encoded><![CDATA[<div class="activity-inner"><p>Greetings from Sunny Sweden with love! 😀</p>
</div><div class="youzify-post-attachments">
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				<title>![Return_to_Castle_Wolfenstein_Coverart.jpg](https://images.hive.blog/DQmPs2A5fuKwQ5z82kPDGVAkE5remqL8CsHkdazB6kuT9Qg/Return_to_Castle_Wolfenstein_Coverart.jpg)


Released in 2001, RTCW&#039;s multiplayer mode was a game-changer in the world of first-person shooters. With different classes to choose from, each with its own unique abilities and weapons, the multiplayer mode was fast-paced, intense, and required strategy and teamwork to succeed.

I have so many great memories of playing RTCW with my friends, trying out different strategies with my clan and working together in a 6 vs 6 format with stop-watch rules. 


![5342ad3f2fa75.jpg](https://images.hive.blog/DQmcGP5iMvxT9VipuBSWLAHDzMizNMqe1vakg1e9FVnd4Dj/5342ad3f2fa75.jpg)


I even played in one of the top clans as the medic class which got 2:nd in Quakecon with the nick **Alban**. The game&#039;s mechanics were so well-designed that even after all these years, I still consider it to be one of the best multiplayer games I&#039;ve ever played.


https://www.youtube.com/watch?v=eAlIBIyxhK4


As a gamer, I&#039;ve played many games over the years, but RTCW has a special place in my heart. Now, more than 20 years later, I still wish there was a remake of RTCW with similar gameplay mechanics done in Unreal Engine 5. Can you imagine how amazing that would be? With modern graphics and updated gameplay, a new version of RTCW could introduce the game to a new generation of gamers while still keeping the spirit of the original game alive.


![640x640.png.png](https://images.hive.blog/DQmPgkPWYKUvZ9ZyEfaXzMbLwUweHDePd6Bkzv7hbnUgmN8/640x640.png.png)


Return to Castle Wolfenstein is a game that I will always remember fondly. Its multiplayer mode was ahead of its time. I hope that one day we&#039;ll see a similar game that does justice to the original. Anyone else agrees perhaps or am I the only one? What is your favorite game? Next game I want to post about is KDice: 

[KDice - Multiplayer Dice War](https://kdice.com)
KDice is a multiplayer strategy online game played in monthly competitions. It&#039;s like Risk. The goal is to win every territory on the map. 

## Thanks for reading and may the Hive bee with you! ;) 


[![Reko_3.png](https://images.hive.blog/DQmXSpG8F6mWyGPcsUFXDVLNb2PF4qY4nD9pT2HsR6PAr2z/Reko_3.png)](https://hive.blog)</title>
				<link>https://www.bitcoinmyk.com/activity/p/343/</link>
				<pubDate>Fri, 03 Mar 2023 22:52:09 +0000</pubDate>

									<content:encoded><![CDATA[<div class="activity-inner"><p>![Return_to_Castle_Wolfenstein_Coverart.jpg](<a target="_blank" href="https://images.hive.blog/DQmPs2A5fuKwQ5z82kPDGVAkE5remqL8CsHkdazB6kuT9Qg/Return_to_Castle_Wolfenstein_Coverart.jpg" rel="nofollow ugc">https://images.hive.blog/DQmPs2A5fuKwQ5z82kPDGVAkE5remqL8CsHkdazB6kuT9Qg/Return_to_Castle_Wolfenstein_Coverart.jpg</a>)</p>
<p>Released in 2001, RTCW&#8217;s multiplayer mode was a game-changer in the world of first-person shooters. With different classes to choose from, each with its own unique abilities and&hellip;<span class="activity-read-more" id="activity-read-more-343"><a target="_blank" href="https://www.bitcoinmyk.com/activity/p/343/" rel="nofollow ugc">Read More</a></span></p>
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				<link>https://www.bitcoinmyk.com/activity/p/342/</link>
				<pubDate>Mon, 27 Feb 2023 16:29:07 +0000</pubDate>

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				<link>https://www.bitcoinmyk.com/activity/p/341/</link>
				<pubDate>Sun, 19 Feb 2023 16:32:38 +0000</pubDate>

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				<link>https://www.bitcoinmyk.com/activity/p/338/</link>
				<pubDate>Sun, 19 Feb 2023 16:28:53 +0000</pubDate>

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				<link>https://www.bitcoinmyk.com/activity/p/337/</link>
				<pubDate>Sun, 19 Feb 2023 16:26:44 +0000</pubDate>

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				<title>Yohan Erik Ahlgren became a registered member</title>
				<link>https://www.bitcoinmyk.com/activity/p/333/</link>
				<pubDate>Thu, 16 Feb 2023 18:04:03 +0000</pubDate>

				
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				<pubDate>Wed, 15 Feb 2023 01:16:10 +0000</pubDate>

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				<link>https://www.bitcoinmyk.com/activity/p/331/</link>
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				<link>https://www.bitcoinmyk.com/activity/p/330/</link>
				<pubDate>Wed, 15 Feb 2023 01:09:37 +0000</pubDate>

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				<title>LeoFinance


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@edicted/technology-creates-abundance

@edicted
9h
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Technology Creates Abundance
This is a concept that @taskmaster4450 has been banging the wardrum on for years. It&#039;s been rattling around my brain ever since, and it&#039;s…
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Technology Creates Abundance
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@edicted
9h
81
LeoFinance
LEOFINANCE
6 MIN READ
1115 WORDS
automationlogistics.jpg

This is a concept that @taskmaster4450 has been banging the wardrum on for years. It&#039;s been rattling around my brain ever since, and it&#039;s a very good lesson to remember in the world of economics and finance.

The spark that catalyzed this post was some random tweet that triggered me hard yesterday. It read, &quot;What would the Founding Fathers have to say about the price of eggs today?&quot; Needless to say... my response was unkind, as is often the case when resolving human to human interactions. Just kidding I&#039;m a robot. Fooled you good didn&#039;t I?

techcircuitboard.jpg

So what would the Founding Fathers have to say about the current price of eggs? Probably that they are insanely cheap and it&#039;s amazing a profit can be turned at such a low price. Current price volatility is meaningless compared to hundreds of years in technological advancement.
Seriously though, coal-fueled electric power plants did not exist until the 1880&#039;s. The country was founded in 1776. Do tha maths.

https://www.in2013dollars.com/Eggs/price-inflation
It&#039;s surprising what certain items at the grocery store would have set you back in 1920. For instance, a dozen eggs cost 47 cents ($6.06 today), one pound of round steak cost 40 cents ($5.16 today), and three pounds of macaroni cost 25 cents ($3.22 today).

I can&#039;t even find data for 200 years ago, and the data that I do get is riddled with inconsistency and likely can&#039;t be trusted to an accurate degree. However, the trend is obvious and true:

technology creates abundance
abundance creates supply
high supply lowers prices
economics 101
Unfortunately the Keynesian economic theories upon which the legacy model is founded HATE DEFLATION. Deflation is the worst thing in the world, according to modern economic theory. Whether or not Bitcoin can prove that theory wrong is yet to be seen, but somehow I doubt it given all the research I&#039;ve done. Intelligently allocated inflation is the real killer dapp of crypto. Hive is lightyears ahead in this regard, even if it has an entire mountain range to climb to get where it needs to be.

scarcityabundancetree.jpg

Back to the basics
How much did a modern data phone cost in 1985? The answer is that modern smartphones did not exist, and if you were in possession of one the government wouldn&#039;t think twice about murdering you and reverse engineering your alien tech for personal gain. There&#039;s really no doubt about such a fact.

Citizens who live under the poverty line today can afford a car and rent and a Netflix subscription. What could poor people afford to buy a few centuries ago? Scraps of food so they wouldn&#039;t starve to death? If they were lucky.

When&#039;s the last time a friend of yours died from a bacterial infection? That used to be a quite common occurrence before penicillin was invented. What about dentistry? What do you think that was like before pain-killers like Novocain? Care to guess what&#039;s worse than needles? Passing out from pain.

shipstationtechfuturespace.jpg

So yeah life isn&#039;t fair and there&#039;s a lot of messed up stuff going on in the world today, but it&#039;s all a matter of perspective and frame of reference. The world is becoming more volatile recently. Waves move up and waves move down. Those who complain about every downswing while taking every upswing for granted are not to be taken seriously. This is the mindset of the hypocrite and should be avoided if possible. It is our responsibility to surf these waves and not wipe out with the rest of the plebs living paycheck to paycheck.

At the end of the day it doesn&#039;t matter if USD was worth x10 more a century ago than it is today... unless someone in your family is a chucklehead that left their legacy to rot in a bank account holding fiat. Literally no one does that, so why does everyone focus on dollar devaluation and how much money was worth before they were even born?

gasprices1988diehard.jpg

This classic screen capture from Die Hard gets a lot of attention. In 1988 gas was 75 cents a gallon. OMG why isn&#039;t gassoline still 75 cents today that&#039;s not fair! Really? How much money were you making in 1988? The federal minimum wage was $3.35.

Nobody cares!
They want all of the benefits and none of the drawbacks as they reminisce nostalgically about &quot;better days&quot;. But those days were never actually better, they were just different, and we simply remember them as better in every way because that&#039;s how our dumb brains work. Again, this is a hypocritical greed-based mindset and should be avoided if possible.

Rather than thinking about how much &quot;cheaper&quot; things used to be back in the day, the question we should really be asking is:
How many hours of work would it have taken to buy that?

Within this context it&#039;s easy to see that it doesn&#039;t matter if eggs only cost 50 cents a hundred years ago. If it takes an hour of work to earn 50 cents: this is the real metric: one hour. Once we start measuring the cost of product in terms of time it becomes much more apparent that goods and services back in the day were more expensive than they are today... and that&#039;s including central bank exploitation over time. Take away the currency exploitation and we can see that crypto will usher in an insane world of even more exponential abundance.

abundance.jpg

Conclusion
Technology creates abundance. It is known. Interestingly enough, technology is moving directly into the field of currency and even intelligence itself. Currency will become exponentially abundant (and valuable) because of technology. Intelligence itself will become more abundant because of technology. There are going to be a lot of bumps and bruises along the way. All we can do is try to enjoy the ride even if it is a bit uncomfortable.

We would also do well to remember that there are simply more people in the world today than there were in the past. More people means less resources per person. It&#039;s simple math that most tend to ignore within these conversations of wealth distribution. Sure, rich people today are richer than they&#039;ve ever been, and the disparity between rich and poor has never been greater, but that variable doesn&#039;t cancel out other important variables to consider as well.

Nostalgia is a trap. We tend to think about the past longingly in these scenarios and forget about all the hardship when it suits our narrative. Then we wrongfully compare those false memories to the present day and come to incorrect conclusions. Couldn&#039;t be me.

Posted Using LeoFinance Beta

PALNET
VYB
PROOFOFBRAIN
INFLATION
FIAT
DEVALUATION
ABUNDANCE
TECHNOLOGY
LEOFINANCE
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Begin editing...

13 Comments
 REWARD 

builderofcastles
9h
The price of a T-shirt in hours of time used to create it has gone way way down.
From about 20 hours to a few minutes.

If we had real money, then the price of a T-shirt should have dropped significantly.
But, it seems to have stayed about the same, or going up slowly due to inflation of the monetary supply.

Inflation is MUCH greater than we are told.
Because you need to add the monetary inflation with the technology deflation of cost.

And the problem with inflation is, that back in 1988 you spent your time earning a dollar.
If you spent that dollar, you could have had a gallon of gasoline, but if you saved it, now you can have a ¼ gallon of gasoline.

And the bigger problem with inflation is that it doesn&#039;t effect everyone equally.
What happens instead is the central banksters and their friends get to spend their money first.
Basically, we get all the inflation that they produced.

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edicted
81
8h
Because you need to add the monetary inflation with the technology deflation of cost.

Yeah I&#039;ve done a post or two about how central banking has been able to siphon technological gains into their pocket at an alarming rate. Crypto cuts them off from being to do this because crypto is both technology and money, so money can&#039;t be used to siphon the gain because it is even higher quality than the siphon.

0
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skiptvads
8h
Im someone who stop living from the past about 5 years ago when my second son was born, always thinking that there is no reason to think about the past its just over cant modify, future havent happent yet cant modify, present got to keep trucking but have never thought about old times this way &quot;...were never actually better, they were just different...&quot; great anallogy and its true, after covid ppl often ask me if things will go back to normal or get better and I always ask them back...whats normal to you? whats better for you? they living the past and want it back like its a birth right or if they deserve it, world keeps changing and most of the time so far its not for the best, all we can do is live the present and enjoy life, thx for sharing &#x270c;&#xfe0f;

2
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taskmaster4450le
79
8h
The problem with the discussion that is conventiently overlooked:

there is a lot available today that could not be purchased in the past. What did smartphones, Tesla stock, NFTs, and cable subscriptions come from? Did they just magically appear.

people claim to hate inflation yet get upset when the value of their homes, stocks, and bonds go down.

as stated in another comment, the US household is up 130x compared to 1915. This means for less hours work (since the average workweek declines) we are getting more in terms of currency.

Pricing numbers do not count all the stuff is for free. Look at this list:

long distance communicationa
music
email
video
advertising
encyclopedia
information
gaming/entertainment
Just consider what a weekly AMA would have cost Khal 35 years ago.

The standard of living for much of the world keeps increasing yet people overlook it.

Posted Using LeoFinance Beta

4
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edicted
81
8h
Thanks for this it fills the gaps of a lot of the stuff I missed.

0
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hivebuzz
8h
Congratulations @edicted! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

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Your next target is to reach 30500 replies.
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himanisoni
8h
&#x1f642;

0
8
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poshtoken
7h

https://twitter.com/27706436/status/1624496564407246848

The rewards earned on this comment will go directly to the people( @seckorama ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

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preparedwombat
7h
It’s so weird that gasoline at the pump still has that nine-tenths of a cent as part of the price. Yeah, like anyone’s going to buy five gallons of $3.359 gas and get a half cent back in change from $16.75

3
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edicted
81
6h
All part of the marketing because people are willing to shop around for cheaper gas even if the discount is basically nothing.

0
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valued-customer
5h
Quite an insightful post. I realized decades ago that things like electric lights, hot and cold running water, and cloth are incredibly undervalued today (or then, actually). 500 years ago only kings or the incredibly rich had much in the way of nice cloth, and not many of them had hot and cold indoor plumbing. No one had electric anything. They couldn&#039;t buy electricity at any price. That&#039;s amazing, and one of the most important things I learned from living innawoods for a while.

Indoor plumbing is very nice.

However, some of the things you say here aren&#039;t as true as they might appear, such as that inflation doesn&#039;t matter. It matters right now that your money you have in fiat is being eroded at ~10% or so. The price having inflated from 200 years ago, not so much, as you point out, but the inflation sucking the value out of your pocket today does matter. At least when I&#039;m taxed I get to hand it over and bitch. Inflation is just sneaky theft.

Resources aren&#039;t fixed either. More people absolutely doesn&#039;t mean fewer resources for each of us. More people means more people inventing things, and that&#039;s how we get nifty new things like electricity. There isn&#039;t less electricity today than there was 500 years ago. Iron, copper, gold, food, anything you care to name that people mine or make isn&#039;t either reduced relative to how many people there are. People mine with far higher productivity today, and because there&#039;s more miners, there&#039;s more copper available to the billions more of us on Earth today - and even the absolute supply of copper has increased, though not one more speck of it has been created in the bowels of the Earth.

500 years ago we didn&#039;t know about the almost infinite supply of copper in space. There may be a fixed supply of copper on Earth, but no rational person thinks we&#039;re going to always be limited to Earth. How long do you think it will be before we start accessing that unlimited supply of copper in space? A decade? Two? Ten? I&#039;ll bet you everything I own it will be less than ten decades before we see copper mined in space.

It might actually happen very soon, as the sample return mission is going to collect stuff on Mars and send it back to Earth, which may well contain at least trace amounts of copper.

Living things? I think in the future the possibility to use aquaponics to feed ourselves will prove to work fine on Mars, or even just in space habitats, and that will be the beginning of exporting terrestrial life into the infinite barren universe. There may be fewer species today than there was 10 years ago, but I am willing to bet the blood in my veins there will be more species alive 100 years from now than there are now, because we&#039;re going to need all kinds of ecosystems to fit all kinds of habitats, and CRISPR means we&#039;ll make them as we need them.

Venus has a thick CO2 atmosphere, that is about room temperature at 50k feet or so, and 1 atmosphere of pressure of breathable gas on Venus at that elevation would float in midair nicely. There&#039;s also not insignificant trace amounts of sulphuric acid in Venusian atmosphere, and it just so happens that deep sea vent life on Earth, which lives at incredible pressure and temperature naturally, is actually chemosynthetic, not photosynthetic like surface ecosystems. The chemical it&#039;s based on is sulphuric acid, squirting out of the black smokers vent life clings to in the deep ocean.

Lots of tasty organisms might be very easily adapted to float around in Venus&#039; atmosphere and process the CO2 and sulphuric acid into O2 and food, which colonists could live large on.

I&#039;m long life. I think I just need to HODL long enough for better minds than mine to figure all this stuff out, so I can enjoy the fruits of their labor. And that&#039;s the real benefit of technology. It allows our forebears to build things that outlast them, and then we get to enjoy their hard life&#039;s work for free. Today, that makes me very appreciative of our hardworking ancestors.

Thanks!

3
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Reply

edicted
81
5h
All good points.
The reason I underplay inflation so aggressively is that I never hold any fiat whatsoever.
All the incentives align for me to spend any fiat almost immediately.
Sometimes my work will imply that others are doing this as well, even if they aren&#039;t.
This can lead to a certain friction that results in me being called out, and that&#039;s fine.

Although most people do seem to live paycheck to paycheck, so there is that.
I guess I technically do as well, if crypto is thought of as a product that we buy.

1
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valued-customer
1h
Not everyone can spend fiat immediately. I can&#039;t. While I do everything I can to barter and get others to pay my rent, I only managed that about 1/2 the months last year, and my landlady doesn&#039;t take plastic, Hive, or BTC. She&#039;d take a check, but I&#039;m not setting up a bank account just for her. I&#039;d still have to have cash in it to float checks.

Nice thing about crypto is it seems to be readily sold for cash when you need cash. I have to say that I can only assume that is true, because I&#039;ve never ever. Ever. I&#039;m not against crypto as money. I just already have enough nontrustworthy banks and etc. to deal with, and see no good reason to add centralized exchanges.

If there were dexes that ignored KYC I could use without a bank, I&#039;d make some effort. From time to time I am told there are, and I have a look, but there really aren&#039;t, and some detail or another means my deets would be attached to my ability to exchange currencies, so I don&#039;t. I do wish there were, because I would. In the meantime, cash transactions are anonymous, and that&#039;s what I do if I can&#039;t wangle someone else to pay my obligations.

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@investing-dude/no-more-crypto-bowl-the-google-of-blockchain-celsius-to-raise-14m

@investing-dude
11h (Edited)
61
LeoFinance
LEOFINANCE
The Daily Leo #207 - No more Crypto Bowl, The Google of Blockchain, Celsius to raise 14M
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364
1
0
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@taskmaster4450le/leothread-s-potential-impact-upon-comment-count-on-hive

@taskmaster4450le
1d
79
LeoFinance
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7h
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@anomadsoul/operation-choke-point-2-0-is-underway-and-dexs-making-defi-accessible-to-cex-fans

@anomadsoul
1d (Edited)
80
LeoFinance
LEOFINANCE
The Daily Leo #206 -Operation Choke Point 2.0 Is Underway and DEXs making DeFi accessible to CEX fans
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419
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@dalz/ethereum-inflation-supply-and-other-key-metrics-after-the-merge-or-feb-2023

@dalz
11h
78
LeoFinance
LEOFINANCE
Ethereum Inflation, Supply And Other Key Metrics After The Merge &#124; Feb 2023
The Ethereum Merge happened on September 15th, 2022. It has been a long time coming but it finally went live. With this upgrade the…
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@nealmcspadden
10h
74
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@edicted
2h
81
LeoFinance
LEOFINANCE
Refactoring Market Sentiment
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368
1
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@taskmaster4450
5h
84
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@taskmaster4450le/energy-will-it-bring-about-abundance

@taskmaster4450le
1h
79
LeoFinance
LEOFINANCE
Energy: Will It Bring About Abundance?
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@khaleelkazi
1d
80
LeoFinance
LEOFINANCE
How to Accumulate More Crypto: Limit Orders Are Your Best Friend
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@khaleelkazi
2h
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@scaredycatguide
1d
77
LeoFinance
LEOFINANCE
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@l337m45732
2d
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LeoFinance
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@leofinance
1d
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LEOFINANCE
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@limonta
3h
57
LeoFinance
LEOFINANCE
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@edicted
1d
81
LeoFinance
LEOFINANCE
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@uyobong
1d (Edited)
75
LeoFinance
LEOFINANCE
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433
1
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@behiver
17h
72
LeoFinance
LEOFINANCE
Splinterlands - Not a collective mind as we wanted to believe?
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350
23
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				<link>https://www.bitcoinmyk.com/activity/p/326/</link>
				<pubDate>Sun, 12 Feb 2023 03:23:58 +0000</pubDate>

									<content:encoded><![CDATA[<div class="activity-inner"><p>LeoFinance</p>
<p>100%<br />
Curated<br />
@leofinance/xqlgxarm</p>
<p>@leofinance<br />
7h<br />
76<br />
LEOFINANCE<br />
LeoInfra &#8211; The Hive Onboarding Behemoth Driving User Growth in 2023<br />
&#x25b6;&#xfe0f; Watch on 3Speak LeoInfra has been something that we got a lot of excitement about in the past. People talked about Lite accounts on the Hive blockchain for a long time. Lite accounts are a&hellip;<span class="activity-read-more" id="activity-read-more-326"><a target="_blank" href="https://www.bitcoinmyk.com/activity/p/326/" rel="nofollow ugc">Read More</a></span></p>
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				<title>logo
I&#039;M POWERING DOWN AND SENDING TIPS ONLY (I ENCOURAGE YOU TO DO THE SAME)
beatzchain (57)in #bro • 5 days ago
Just going to tip people hive or hbd for now on no more staking infact I encourage all of the people in HIVE to do the same (just don&#039;t sell participate) it&#039;s my opinion so .... The Hive Blockchain can&#039;t tell me anything.

wonder_1674685116403.jpg

Feel free to tip me &#x263a;&#xfe0f; &#x1f60a; &#x1f601; &#x1f60e;

#pizza#hive#leo#pimp#weed#luv#hive-engine#blurt#dbuzz
5 days ago in #bro by beatzchain (57)$0.39
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hivebuzz (73) 5 days ago  
Congratulations @beatzchain! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

	You published more than 80 posts.
Your next target is to reach 90 posts.
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To support your work, I also upvoted your post!

Check out our last posts:

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				<link>https://www.bitcoinmyk.com/activity/p/325/</link>
				<pubDate>Sat, 11 Feb 2023 03:03:03 +0000</pubDate>

									<content:encoded><![CDATA[<div class="activity-inner"><p>logo<br />
I&#8217;M POWERING DOWN AND SENDING TIPS ONLY (I ENCOURAGE YOU TO DO THE SAME)<br />
beatzchain (57)in #bro • 5 days ago<br />
Just going to tip people hive or hbd for now on no more staking infact I encourage all of the people in HIVE to do the same (just don&#8217;t sell participate) it&#8217;s my opinion so &#8230;. The Hive Blockchain can&#8217;t tell me a&hellip;<span class="activity-read-more" id="activity-read-more-325"><a target="_blank" href="https://www.bitcoinmyk.com/activity/p/325/" rel="nofollow ugc">Read More</a></span></p>
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				<title>Bilal Haider became a registered member</title>
				<link>https://www.bitcoinmyk.com/activity/p/319/</link>
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				<link>https://www.bitcoinmyk.com/activity/p/318/</link>
				<pubDate>Thu, 02 Feb 2023 22:42:47 +0000</pubDate>

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Fullforce Radio: Heavy Metal, Hard Rock, and Sass &#124; EP 200: The Night Before ³: Retelling a Holiday Classic for Crimsmas
crimsonclad (73)in VIMM.TV - Streaming • last month (edited)
ffr-yt.png

Livestream (Category): Radio Show
&#x1f918; Watch a replay of this live show on Vimm.TV &#x1f440;
...or find a backup replay over on YouTube. Please consider subscribing while you&#039;re there to help me spread the word and the music to lure in more normies!

𝕱𝖚𝖑𝖑𝖋𝖔𝖗𝖈𝖊 𝕽𝖆𝖉𝖎𝖔 𝖎𝖘 𝖍𝖊𝖆𝖛𝖞 𝖒𝖊𝖙𝖆𝖑...
...hard rock, and irreverent talk! I hang out every week playing loud music, talking shit, and having a great time chatting live with listeners all around the globe. You don&#039;t have to be a hardcore metalhead or trve cvlt to hang with us in the hug pit... Bring your sense of humour, an open mind, and come let me put some great tracks in your ears with full force.

Join us live! We&#039;re just normal friends with abnormal everything else &#x1f5a4;

&#x1f918; 𝕴𝖓 𝖙𝖍𝖎𝖘 𝖊𝖕𝖎𝖘𝖔𝖉𝖊...
In the five or six years that I&#039;ve been doing this crazy wonderful heavy metal radio stream, I&#039;ve done quite a few Christmas episodes. In the interest of keeping things fresh (and because I also actually really don&#039;t like Christmas music for the most part, YIKES) I thought this year I&#039;d do something a little bit different to celebrate the incredible milestone...because in case you didn&#039;t notice, this is EPISODE 200! That&#039;s over six hundred hours of heavy metal, hard rock and sass; what an unbelievable achievement.

As we come to the end of another year, I&#039;m genuinely humbled by how the show has grown and how many people are now supporting the creation of new episodes and discovering great music, whether as part of the community, as subscribers and financial backers, and as my dear friends. I never explicitly ask for these things, and I know that that means that you have gone out of your way to do so. There are no words for how meaningful that is.

ANYWAYS. Christmas! Instead of the same old tracks, I take a crack at reinterpreting a holiday classic- Twas the Night Before Christmas! We read the traditional version of the poem, interspersed with some handpicked heavy tracks to represent every verse. Spoiler alert: my version is... uh... much more metal, lol. Don&#039;t worry, I manage to sneak in a few actual Christmas songs so you&#039;ll still get your holly jollies jiggled.

&quot;Maybe the true meaning of Christmas was all the friends we stabbed along the way.&quot;

I love this playlist, and it gives me an excuse to find ways to play some of my favourite bands for you while still getting into the spirit of the season. Whatever it is you celebrate, I hope you had an amazing one- I&#039;m wishing you my very best, and looking forward to many more with you &#x1f5a4;

&#x1f3b6; If you want to listen along at your own leisure, you can take a look at the Fullforce Radio episode 200 playlist and experience the night before the night before the night before Christmas....forever:




black-metal-crim-logo.png

&#x1f918; Check out the Fullforce Radio website
&#x1f4b8; Send a tip or donation outside of Hive (and get a TTS message on stream if a show is live!)

This episode post was generated from the original episode live stream on Vimm.tv: a portion of the rewards go to Vimm and helping support an awesome Hive dApp. It&#039;s been updated to include the replay for you to enjoy, but to get the full experience, you should absolutely head over to Vimm or my website and join me live each week!
#live#heavymetal#mspwaves#fullforceradio#livestream#podcast
last month in VIMM.TV - Streaming by crimsonclad (73)$22.25
315 votes
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jnmarteau (60) 6 days ago (edited) 
Hi @crimsonclad =) My friend and partner @manncpt advised me to reach out. We are planning with the @hiveembassy to create a participatory witness to help handle some millions new comers on Hive through @pedagogy program as well as by cooperating on standards/regulation with unis and external partners through reflexion groups which will lead @workshops and @hackathons towards the developement of solutions and models we can share with the hivers. Would be awesome to cooperate. All the best, Jean &#x1f340;&#x1f31e;

$0.05
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[-]
crimsonclad (73) 4 days ago  
Sounds exciting! feel free to message me on peakd or find me on discord and I&#039;d be happy to see where I can help~

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[-]
hivebuzz (73) last month  
Ho Ho Ho! @crimsonclad, one of your Hive friends wishes you a Merry Christmas and asked us to give you a new badge!

	
The HiveBuzz team wish you a Merry Christmas!
May you have good health, abundance and everlasting joy in your life.

To find out who wanted you to receive this special gift, click here!

You can view your badges on your board and compare yourself to others in the Ranking

Check out our last posts:

	Christmas Challenge - Offer a gift to your friends
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	The Hive Gamification Proposal Renewal
$0.00Reply</title>
				<link>https://www.bitcoinmyk.com/activity/p/317/</link>
				<pubDate>Thu, 02 Feb 2023 22:25:47 +0000</pubDate>

									<content:encoded><![CDATA[<div class="activity-inner"><p>logo<br />
Fullforce Radio: Heavy Metal, Hard Rock, and Sass | EP 200: The Night Before ³: Retelling a Holiday Classic for Crimsmas<br />
crimsonclad (73)in VIMM.TV &#8211; Streaming • last month (edited)<br />
ffr-yt.png</p>
<p>Livestream (Category): Radio Show<br />
&#x1f918; Watch a replay of this live show on Vimm.TV &#x1f440;<br />
&#8230;or find a backup replay over on YouTube. Please co&hellip;<span class="activity-read-more" id="activity-read-more-317"><a target="_blank" href="https://www.bitcoinmyk.com/activity/p/317/" rel="nofollow ugc">Read More</a></span></p>
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				<title>Rough whitepaper for anime token idea
1 comments
/
0 reblogs

@dm312
1 yr
45
LEOFINANCE
0 MIN READ
31 WORDS
This is a cross post of @dm312/rough-whitepaper-for-anime-token-idea by @dm312.

This is my idea for the anime hive token and I need feedback. This is also a concern of how Hive will work.</title>
				<link>https://www.bitcoinmyk.com/activity/p/313/</link>
				<pubDate>Thu, 02 Feb 2023 21:42:45 +0000</pubDate>

									<content:encoded><![CDATA[<div class="activity-inner"><p>Rough whitepaper for anime token idea<br />
1 comments<br />
/<br />
0 reblogs</p>
<p><a class='bp-suggestions-mention' target="_blank" href='https://www.bitcoinmyk.com/members/dm312/' rel="nofollow ugc">@dm312</a><br />
1 yr<br />
45<br />
LEOFINANCE<br />
0 MIN READ<br />
31 WORDS<br />
This is a cross post of <a class='bp-suggestions-mention' target="_blank" href='https://www.bitcoinmyk.com/members/dm312/' rel="nofollow ugc">@dm312</a>/rough-whitepaper-for-anime-token-idea by <a class='bp-suggestions-mention' target="_blank" href='https://www.bitcoinmyk.com/members/dm312/' rel="nofollow ugc">@dm312</a>.</p>
<p>This is my idea for the anime hive token and I need feedback. This is also a concern of how Hive will work.</p>
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				<guid isPermaLink="false">79e3470b7d1328501c84577094abf6ab</guid>
				<title>LeoFinance


100%
@forexbrokr
Dane Williams
73
 2654 153
 leofinance.io/@forexbrokr
 Sydney, Australia
Web3 &#124; Hive
 
@forexbrokr/hive-presents-an-opportunity-to-monetise-content-via-layer-2

@forexbrokr
2d
73
LeoFinance
LEOFINANCE
Hive presents an opportunity to monetise content via layer-2
Direct from the desk of Dane Williams. As a decentralised blockchain, all Hive cares about is using content to distribute the…
412
1
15
$4.11 USD
Hive presents an opportunity to monetise content via layer-2
15 comments
/
0 reblogs

@forexbrokr
2d
73
LeoFinance
LEOFINANCE
2 MIN READ
320 WORDS
monetiselayer2hive.png
Direct from the desk of Dane Williams.





As a decentralised blockchain, all Hive cares about is using content to distribute the HIVE governance coin via reward pool inflation.

In terms of adding value to the HIVE token, the makeup of the content itself does not matter.

Only that the HIVE token is distributed as far and wide as possible.

But by encouraging content to be published to an open-source blockchain in order to distribute its governance token, Hive presents opportunity for you to build a content business on layer-2.

Literally anyone is free to take the content people are putting on the open Hive blockchain and then monetise it on your own front-end.

Your choices:

Keep the USD generated from putting ads on the content yourself and stop there.
Create a sustainable, tokenised layer-2 content community.
(Obviously there are other ways to generate revenue via content, but I&#039;m using ads an example because it&#039;s the easiest and right now the most viable.)

Where is LeoFinance (LEO) at?
Right now, the reality is that LeoFinance has stopped at 1.

LeoFinance is supposedly generating USD from leofinance.io ad revenue and sending it into a closed account that only Khal can see.

Is he saving it at all?

Is he spending it?

Who knows.

As LEO investors, we&#039;re taking him on his word that he is in fact saving the revenue being generated and moving toward 2.

That LEO can and will reach a sustainable equilibrium between inflation used to pay for the content (the LEO rewards pool), and buy/burns from the revenue that content on his front-end generates.

Do you believe him?

Do you beleive that even if he carries out his promise to drive revenue that the content generates back into LEO, that a sustainable equilbrium can be found?

Let me know in the comments.

Best of probabilities to you.

Posted Using LeoFinance Beta

WEB3
HIVE
HIVE-ENGINE
HIVEHUSTLERS
CTP
CENT
PALNET
NEOXIAN
LEOFINANCE
412
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Begin editing...

15 Comments
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alex-rourke
2d
So there&#039;s no statistics,reports, transactions? Just words?

2
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forexbrokr
73
2d
Just words.

Kinda hoping that this will spark a conversation involving the team.

It doesn&#039;t matter if the current ad revenue dollar values are low.

All we need is to see how much traffic it takes at the current inflation schedule, to hit equilibrium.

Posted Using LeoFinance Beta

2
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Reply

ifarmgirl-leo
2d
We are kind of banking on his words but I like to believe that Khal will do as he says and that a sustainable equilibrium will happen too.

Posted Using LeoFinance Beta

1
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forexbrokr
73
2d
Let&#039;s see.

Posted Using LeoFinance Beta

2
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ifarmgirl-leo
1d
Yeah, time will tell :)

Posted Using LeoFinance Beta

0
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metzli
2d
I totally have my parents money sitting in my bank account ready to go for whenever they need it.

Posted Using LeoFinance Beta

1
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ifarmgirl-leo
1d
Hehe, that&#039;s good. At least you&#039;ve got them ready&#x1f609;

Posted Using LeoFinance Beta

0
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jfang003
2d
I don&#039;t see any reason to doubt Khal but I do agree that the ad spending to distribute towards LEO stakers is a long time waiting. It was mentioned a long while ago and I am also think it&#039;s a bit too long.

Posted Using LeoFinance Beta

1
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forexbrokr
73
2d
Way too long.

Posted Using LeoFinance Beta

1
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metzli
2d
Or maybe just the ad revenue is so embarrassingly small that he doesn&#039;t want to share yet.

Posted Using LeoFinance Beta

0
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jfang003
17h
It&#039;s been over a year so I think the amount generated should be at least big enough now. I know that they can definitely improve the ad placement but I don&#039;t think there would be any issues on the site itself.

Posted Using LeoFinance Beta

0
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metzli
8h
I keep thinking of how many views you need on as a blogger to even start earning a dollar and think that we aren&#039;t there yet.

Buy maybe 500 daily users brings on more views than I can imagine.

0
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tomlee
2d
LeoFinance is supposedly generating USD from leofinance.io ad revenue and sending it into a closed account that only Khal can see

Just getting to know this.

Posted Using LeoFinance Beta

1
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l337m45732
2d
yeah, i&#039;d love to see some transparency around this. i fully support LeoFinance, and Khal of course. i just think there needs to be a clear, transparent roadmap for this.

will we reach a sustainable equilibrium? i dunno. only time will tell. surely buyback &#038; burns will push us in that direction eventually.

Posted Using LeoFinance Beta

1
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metzli
2d
May the odds be ever in your favor.

Posted Using LeoFinance Beta

0
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@forexbrokr/buying-leo-is-a-no-brainer

@forexbrokr
4d
73
LeoFinance
LEOFINANCE
Buying LEO is a no brainer &#x1f9e0;
Direct from the desk of Dane Williams. Take advantage of this market inefficiency while it’s available. MARKET INEFFICIENCY…
142
15
$1.20 USD
@forexbrokr/5-simple-strategies-for-boosting-productivity-as-a-cryptocurrency-trader

@forexbrokr
8d
73
LeoFinance
LEOFINANCE
5 Simple Strategies for Boosting Productivity as a Cryptocurrency Trader
As a cryptocurrency trader, staying productive and organized is crucial for success in the fast-paced and ever-changing world of digital…
283
1
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@forexbrokr/is-the-concept-of-valuable-content-subjective

@forexbrokr
17d
73
LeoFinance
LEOFINANCE
Is the concept of ‘valuable content’ subjective?
Direct from the desk of Dane Williams. No, the concept of valuable content here on Hive and layer-2 communities such as…
206
26
$2.43 USD
@forexbrokr/why-don-t-crypto-traders-want-to-do-kyc

@forexbrokr
19d
73
LeoFinance
LEOFINANCE
Why don&#039;t crypto traders want to do KYC?
Direct from the desk of Dane Williams. In my previous post, I discussed the concept of buying HBD without KYC…
304
1
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@forexbrokr/best-way-to-buy-hbd-without-kyc

@forexbrokr
26d (Edited)
73
LeoFinance
LEOFINANCE
Best way to buy HBD without KYC
Direct from the desk of Dane Williams. The best method to buy HBD without KYC is to use the ParaSwap DEX aggregator to buy bHBD…
321
1
31
$5.52 USD
@forexbrokr/the-contradiction-that-is-brave-rewards

@forexbrokr
28d
73
LeoFinance
LEOFINANCE
The contradiction that is Brave Rewards
Direct from the desk of Dane Williams. A look at Brave Rewards, the company’s data collection process and contradictory policy…
305
87
$4.14 USD
@forexbrokr/impermanent-loss-in-lps-where-one-side-is-a-stablecoin

@forexbrokr
1 mo (Edited)
73
LeoFinance
LEOFINANCE
Impermanent loss in LPs where one side is a stablecoin
Direct from the desk of Dane Williams. Guide to crypto impermanent loss in LPs where one side is a stablecoin. The other day I…
235
4
$3.30 USD
@forexbrokr/what-is-impermanent-loss-in-crypto-simple

@forexbrokr
1 mo (Edited)
73
LeoFinance
LEOFINANCE
What is impermanent loss in crypto? - SIMPLE
Direct from the desk of Dane Williams. A simple guide to what impermanent loss in crypto really is and how to manage it as an…
157
9
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@forexbrokr/i-view-impermanent-loss-a-little-differently

@forexbrokr
1 mo (Edited)
73
LeoFinance
LEOFINANCE
I view impermanent loss a little differently...
Direct from the desk of Dane Williams. The scenario where I’ll happily accept impermanent loss on my DeFi LP. In the world of…
288
1
10
$3.90 USD
@forexbrokr/what-is-hive-s-value-proposition

@forexbrokr
1 mo (Edited)
73
LeoFinance
LEOFINANCE
What is Hive’s value proposition?
Direct from the desk of Dane Williams. The value of a Hive account is that it allows you to always message your followers. NOT…
232
22
$3.47 USD
@forexbrokr/vitalik-buterin-needs-to-embrace-web3-social-media-on-hive

@forexbrokr
1 mo
73
LeoFinance
LEOFINANCE
Vitalik Buterin needs to embrace Web3 social media on Hive
Direct from the desk of Dane Williams. Vitalik Buterin - It’s time to embrace Web3 social media on Hive. Did you see that our…
219
16
$2.11 USD
@forexbrokr/what-if-you-are-banned-from-mastodon

@forexbrokr
1 mo (Edited)
73
LeoFinance
LEOFINANCE
What if you are banned from Mastodon?
Direct from the desk of Dane Williams. I take a look at what happens if you’re banned from Mastodon and why Hive’s true Web3…
294
1
22
$2.67 USD
@forexbrokr/6-ways-to-grow-your-leo-stake-on-hive

@forexbrokr
1 mo
73
LeoFinance
LEOFINANCE
6 ways to grow your LEO stake on Hive
Direct from the desk of Dane Williams. Whether you want to invest money or time, here are 6 ways you can grow your LEO stake on…
441
24
$6.92 USD
@forexbrokr/when-you-should-power-up-hive

@forexbrokr
1 mo (Edited)
73
LeoFinance
LEOFINANCE
When you should power up HIVE
Direct from the desk of Dane Williams. A look at the various scenarios around if and when you should power up HIVE. Powering…
479
1
31
$3.95 USD
@forexbrokr/further-musings-on-the-future-of-social-media

@forexbrokr
1 mo
73
LeoFinance
LEOFINANCE
Further musings on the future of social media
Direct from the desk of Dane Williams. The future of social media is more than just shitposting and organising coffee dates.…
164
12
$2.57 USD

@forexbrokr/wax-vs-eos-battle-of-the-eosio-blockchains

@forexbrokr
2 mo
73
LeoFinance
LEOFINANCE
WAX vs EOS - Battle of the EOSIO blockchains
Direct from the desk of Dane Williams. When it comes to making a head to head comparison with another blockchain, WAX vs EOS is…
151
9
$1.15 USD
@forexbrokr/introduction-to-wax-crypto-waxp

@forexbrokr
2 mo
73
LeoFinance
LEOFINANCE
Introduction to WAX crypto (WAXP)
Direct from the desk of Dane Williams. An introduction to WAX crypto (WAXP), the blockchain ecosystem specifically focused on…
377
1
18
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@forexbrokr/the-future-of-social-media-blockchain-and-web3-dapps-on-hive

@forexbrokr
2 mo
73
LeoFinance
LEOFINANCE
The future of social media - Blockchain and Web3 dApps on Hive
Direct from the desk of Dane Williams. A look at why social media needs an immutable blockchain forming its base layer and why…
308
8
$4.91 USD
@forexbrokr/best-defi-variable-staking-cub-finance-kingdoms

@forexbrokr
2 mo
73
LeoFinance
LEOFINANCE
Best DeFi variable staking? - Cub Finance Kingdoms
Direct from the desk of Dane Williams. A guide to Cub Finance’s newest variable staking option inside Kingdoms, offering both…
461
1
10
$7.07 USD</title>
				<link>https://www.bitcoinmyk.com/activity/p/309/</link>
				<pubDate>Tue, 31 Jan 2023 00:38:11 +0000</pubDate>

									<content:encoded><![CDATA[<div class="activity-inner"><p>LeoFinance</p>
<p>100%<br />
<a class='bp-suggestions-mention' target="_blank" href='https://www.bitcoinmyk.com/members/forexbrokr/' rel="nofollow ugc">@forexbrokr</a><br />
Dane Williams<br />
73<br />
 2654 153<br />
 leofinance.io/<a class='bp-suggestions-mention' target="_blank" href='https://www.bitcoinmyk.com/members/forexbrokr/' rel="nofollow ugc">@forexbrokr</a><br />
 Sydney, Australia<br />
Web3 | Hive</p>
<p><a class='bp-suggestions-mention' target="_blank" href='https://www.bitcoinmyk.com/members/forexbrokr/' rel="nofollow ugc">@forexbrokr</a>/hive-presents-an-opportunity-to-monetise-content-via-layer-2</p>
<p><a class='bp-suggestions-mention' target="_blank" href='https://www.bitcoinmyk.com/members/forexbrokr/' rel="nofollow ugc">@forexbrokr</a><br />
2d<br />
73<br />
LeoFinance<br />
LEOFINANCE<br />
Hive presents an opportunity to monetise content via layer-2<br />
Direct from the desk of Dane&hellip;<span class="activity-read-more" id="activity-read-more-309"><a target="_blank" href="https://www.bitcoinmyk.com/activity/p/309/" rel="nofollow ugc">Read More</a></span></p>
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				<guid isPermaLink="false">8967763f148ae2e6317ef4aa10217dae</guid>
				<title>LEO could use a big win.
18 comments
/
0 reblogs

@edicted
1 mo
81
LeoFinance
LEOFINANCE
5 MIN READ
918 WORDS
leo.png
Sure every crypto could use a big win.
That&#039;s the thing about bear markets, eh?
Everybody finds themselves in the same sad lifeboat taking on water.
Still, better than being the musicians on the Titanic.

Seriously though...
They had over 2 hours to prepare and everyone just sat on their hands instead of preparing for the inevitable. It&#039;s exactly the same thing we are seeing in the legacy economy today, except on a much longer timeline. Personally I&#039;d rather be spending my time grabbing anything that floats and tying it together for the makeshift raft. Such is crypto.

makeshiftlifeboateconomy.jpg

Wow! That is ugly.
But it floats, eh?

image.png

It&#039;s been a wild ride on the high seas!
We got our Wyckoff pattern followed by the classic head &#038; shoulders, and now we wait for the bottom, assuming it hasn&#039;t already happened. It somewhat blows my mind to see these valuations and watch everyone scramble and act as though it&#039;s all crashing to zero soon. Typical bear market. And yet, we already know that this is exactly how long it takes for the bottom to solidify. One year after peak. We made it, but at the same time the legacy economy looks so terrible it&#039;s hard to find any upside in this mess.

As we approach the end of the year, the doubling curve that I often use as a metric for where we should be is around $51k. Yep, I value Bitcoin around x3 the price it is now. Given this metric it&#039;s hard to grasp how the price can be this low and still money sits on the sidelines waiting for it to go even lower. With 3 of the top 10 coins by market cap being centralized stable-coins it becomes provably obvious that the money is there just waiting to reenter.

annual_cycletemp.png

I often claim that February is a bad month for the economy. Gas prices are often at their lowest. Demand is down after Christmas and the back-to-school rush. Everyone is broke and often in a holding pattern. In the same instant, recent price movements in crypto have defied all the classic patterns, and once again we might see February be the start of something interesting. If 2023 rhymes with 2019, that certainly will be the case.

Perspective matters.
February is much different in the USA than it is in say China. The month of February in China is a month of celebration. They take the New Year very seriously over there, which is in February within the East hemisphere.

image.png

It will take months for the scared and scarred bulls of crypto to pop out of their holes and reenter the market. People still can&#039;t STFU about FTX and Sam Bankman. The chatter has been constant since the collapse. Move on. Sam going to jail isn&#039;t going to fix any of your problems. The judicial system moves at a snail&#039;s pace. Funny how people forget that as they compare the situation to other moments in history that took literal years to play out. The elite has no incentive to fast track the prosecution of white-collar crime. Think about it. Most are criminals themselves.

What about LEO though?
Yeah, LEO could use a big win. The last big win for LEO was listing wLEO on Ethereum, and it was all downhill from there. From a 2 cent valuation to 80 cents. The hack hit like a ton of bricks, but I&#039;m guessing most have already forgotten about that considering the circumstances. CUB was a huge fail for anyone that invested directly in the token outside the LP. PolyCUB was doomed right from the start from the tokenomics I pointed out before it even launched. The math was simply not sound. It can still function as a testnet though.

But yet people on LEO are still diehard holders. Would be nice to get another win, and we will eventually, but the patience required for such things is the stuff of legend. CUB is making some much needed pivots, and the micro-blogging iterations will go live soon&#x2122;.

Conclusion
Bear markets aren&#039;t fun, but that&#039;s how the diamonds are forged. The pressure of these situations is enough to weigh on anyone. It&#039;s how we handle the pressure that matters in the long run. Will we make the same mistakes next bull market? Probably! Hopefully not though, eh?

History shows that the bear market has bottomed. Unfortunately there is no history for Bitcoin that shows how it reacts to a recession, as it was created at the bottom of the last recession. Bitcoin was very little known at that time, so we have no metrics to follow this time around. Completely uncharted territory here.

But still, we have to note that the crypto bear market and legacy recession happened pretty much at the same time. Judging by the doubling curve and the x3 needed to get back to it, I have to assume that this market is wildly oversold due to the double whammy. It&#039;s hard to imagine another crushing blow coming because we&#039;ve already spent our year in the gutter and crypto moves faster than any other market. Any kind of decoupling from stocks could send many retreating from the more volatile asset (stonks) and into crypto. At least that&#039;s the theory.

So here&#039;s to the LEO community and waiting out the winter for another victory. Development is a slow grind, but we&#039;ll get there.

Posted Using LeoFinance Beta

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Begin editing...

18 Comments
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poshtoken
1 mo (Edited)
https://twitter.com/1413161729106776065/status/1601986178080772096
https://twitter.com/1415155663131402240/status/1602111269255155712
The rewards earned on this comment will go directly to the people( @no-advice, @rzc24-nftbbg ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

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alex-rourke
1 mo
the micro-blogging iterations will go live soon&#x2122;

This would be cool. Hope to see 100 dapps on HIVE one day.

1
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bitcoinflood
1 mo
At this point LEO at $0.05 the sell point is over for me and it&#039;s only stacking and holding because $0.05 isn&#039;t worth the sell in my opinion. It&#039;s either write it off or stick it out. I fully agree that Polycub was a mess and made zero sense when everyone was preaching it was going to moon once the inflation died down and the massive lockups of polycub but that never happened. CUB did well I think however after it&#039;s fall in March I think we all knew it was a doomed cause at that point. Inflation just crushed that token to nothing and now we are attempting to still fight that same inflation. That inflation needs to be adjusted depending on market conditions. When things are in a bull market sure you could increase the print but in a long bear market that inflation should be reduced because of the reduced amount of fees and swaps happening.

If the UI, Threads and ad buy back don&#039;t start to fuel a little value in the token I most likely might start shifting my focus a bit more away from it. There&#039;s only so much one person or we can do. I&#039;m hoping for big success but I feel even a small long win would be better and my hopes are we see that rolling into 2023.

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tobetada
1 mo
selling pcub at 11 cents and buying it for KOIN was one of the best bear market decisions I made and I still lost thousands of $$$... but I made enough Leo rant posts, so lets hope for a brighter future!

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tbnfl4sun
1 mo
So did they give up on polycub? I cant believe there is no word about it!

1
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edicted
81
1 mo
Nah there is no giving up but there is some drama with the emission rate. Some thing we should pause the halving events to maintain yields so all the liquidity doesn&#039;t leave. Like I said it&#039;s still a great place to test features that might be dangerous to cub like loans and bonds.

Posted Using LeoFinance Beta

1
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shortsegments
1 mo
I hear you. Leofinance is such a fantastic project which ticks all the right boxes of community, utility, development, and known dev team. But it’s price means many influencers won’t even consider looking at or Hive.
Tough crowd.

Posted Using LeoFinance Beta

0
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blueface
1 mo
Well said. And I agree with you about Bitcoin&#039;s value x3 the price it is now. And I think now is a good time to explore projects like LEO Finance, because once LEO Finance and Hive Blockchain come out of the Bear Market, it will be stronger than ever.

Posted Using LeoFinance Beta

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forexbrokr
1 mo
Have you still got that million CUB lol?

What&#039;re your thoughts on CUB paying its own token to incentivise the bLEO:BNB LP at 37% APY and people still not touching it?

Posted Using LeoFinance Beta

0
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brianoflondon
76
1 mo
Thank you so much for your support of my @v4vapp proposals in the past, my previous one expired this week.

I&#039;d be really happy if you would continue supporting my work by voting on this proposal for the next 6 months:

Proposal 244 on PeakD
Proposal 244 with Hivesigner
Proposal 244 on Ecency
Additionally you can also help this work with a vote for Brianoflondon&#039;s Witness using KeyChain or HiveSigner

If you have used v4v.app I&#039;d really like to hear your feedback, and if you haven&#039;t I&#039;d be happy to hear why or whether there are other things you want it to do.

0
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nainaztengra
1 mo
I got into Leo at .80 and then it tumbled down :-) Later I removed all at .50 and now again trying to build my stake just from the earnings and not with any investments. Though it&#039;s not a bad idea to make some investment.

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tokenizedsociety
1 mo
Haven&#039;t checked PolyCUb in a while to be honest... I did stake what I got from the airdrop but never invested in it directly. I did invest a little in CUB though so yes, could use a big win there. Same for LEO... I think the pieces are being put together so we will get there eventually but as you say, it&#039;s a patience game

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iykewatch12
1 mo
Victory is sure. The bear market is an opportunity in disguise, those who didn&#039;t get emotional and bark off would have a better story to tell tomorrow.
The circular world had experienced recessions and the crypto world is in its early stage and recession hitting shouldn&#039;t force us out of the massive victory ahead.

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acesontop
1 mo
March-April is when I&#039;m expecting a change in trend. At least for BTC. One year prior to halving is when max pain is basically over and plebs(institutions too) start accumulating for the next bull market, triggered by the halving. It will happen again. I don&#039;t know about LEO. I have hopes and dreams but these don&#039;t usually work. I believe that CUB pretty much &quot;killed it&quot;, but I might be wrong. Patience, it&#039;s all we got right now. At least that&#039;s the case for me as I don&#039;t have any more cash to buy more crypto. I wish I did, but again, hopes and dreams don&#039;t work.

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jerrythefarmer
29d
In retrospect, maybe Cub and Polycub didn&#039;t need a token but that was an impossible discussion to have back then because everyone and everything had a token. The services they provide could easily tie into Leo and we could have one token to rule them all.

I guess that over time products will be built around them like the multi-token bridge on BSC but that is a very distant future it seems.

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 reblogged</title>
				<link>https://www.bitcoinmyk.com/activity/p/308/</link>
				<pubDate>Thu, 12 Jan 2023 08:01:37 +0000</pubDate>

									<content:encoded><![CDATA[<div class="activity-inner"><p>LEO could use a big win.<br />
18 comments<br />
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<p><a class='bp-suggestions-mention' target="_blank" href='https://www.bitcoinmyk.com/members/edicted/' rel="nofollow ugc">@edicted</a><br />
1 mo<br />
81<br />
LeoFinance<br />
LEOFINANCE<br />
5 MIN READ<br />
918 WORDS<br />
leo.png<br />
Sure every crypto could use a big win.<br />
That&#8217;s the thing about bear markets, eh?<br />
Everybody finds themselves in the same sad lifeboat taking on water.<br />
Still, better than being the musicians on the&hellip;<span class="activity-read-more" id="activity-read-more-308"><a target="_blank" href="https://www.bitcoinmyk.com/activity/p/308/" rel="nofollow ugc">Read More</a></span></p>
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				<title>LeoFinance


100%
@edicted
edicted
81
 3714 160
 hivestats.io/@edicted
 Moon
Freedom From Debt-Slavery
 
@edicted/trust-in-a-trustless-environment

@edicted
10h
81
LeoFinance
LEOFINANCE
Trust in a Trustless Environment
Selling the bottom to buy the bottom. So the APY on staking CUB has dropped to a measly 2.3%. I had a million CUB sitting in that…
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Trust in a Trustless Environment
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@edicted
10h
81
LeoFinance
LEOFINANCE
6 MIN READ
1133 WORDS
encryptionlock2key.jpg

Selling the bottom to buy the bottom.
So the APY on staking CUB has dropped to a measly 2.3%. I had a million CUB sitting in that contract (flex) and the only way to make it higher is to timelock it. Unfortunately the best yield on a timelock is 12 months (26%), with the lower periods escalating their way to the maximum on a spectrum.

Doing the napkin math on this I came to realize quite quickly that 26% is more than x10 higher than 2.3%, which means I could just lock 100k CUB for a year (10% of my stack) and that would generate more yield than the million CUB I had in there. It&#039;s a tempting proposition, so I decided to throw 200k in there for a year, currently valued around $3800. I&#039;m so overextended on this token it&#039;s pretty funny honestly.

So then I had 800k to play around with, and I really had a hard time parting with any of it because of the whole 1M CUB unit bias that was feeding the dopamine in my brain. After weeks of flirting with an under the table buyer I finally decided it was time to get back into the LPs.

I&#039;ve always wanted to have a CUB/HIVE position and decided now was a good time. It&#039;s an interesting moon-bag LP. No stable coins here. My go-to LP used to be CUB/BNB, but honestly I&#039;m kind of over BNB right now with all the crazy stuff going down. Supporting Hive it is.

There&#039;s an added benefit for CUB within the context of pairing the token to HBD or Hive, and that stems from the wrapping fee. All wrapping fees go into buying and burning CUB, so simply providing liquidity to one of 4 out of 7 of the LPs generates free revenue for the network (anything paired to Hive/HBD). Whenever the difference in price of Hive &#038; bHive is greater than the wrap fee (half a percent) we get forced arbitrage and CUB makes free money. This seems like the way to go at this point. Volatility harvesting is an interesting model.

I emptied my Hive wallet but it wasn&#039;t nearly enough. Had less than $2000 liquid. Still considering selling some Bitcoin to get some more Hive this way... but honestly that&#039;s a tough sell, as liquidating Bitcoin at this juncture is a huge risk that I know I shouldn&#039;t take. Yolo?

nodeal1000000million.png

So I took the deal.
I didn&#039;t want to sell any CUB on the market, but my over-the-counter buyer was still motivated. Sent me 7000 bHive. That&#039;s a new personal record for me, and somewhat the point of this entire post. I&#039;ve never just had someone send me $2000 worth of naked crypto before and just trust me to pay them back. I did this quite a few times with value transfers of Steem to Hive during the hostile takeover, but it was for much smaller amounts ($100-$200).

This just goes to show you that the connections and communities we are building here are strong. Ideally crypto is building a foundation that exists within a trustless environment. We aren&#039;t supposed to need to trust anyone to uphold their end of the bargain, but as it turns out, decentralization is hard, and at these early stages of the game there are plenty of opportunities and shortcuts presented to us that absolutely do rely on trust.

In fact, no matter how decentralized and &quot;trustless&quot; crypto gets, the foundation will always be one of trust. We are simply outsourcing that trust from an individual we are doing business with to the network itself. Theoretically the network can be untrustworthy, but this is exponentially less likely.

Even if I wanted to steal $2000 that someone had given me for a trade, it&#039;s actually quite impossible to do so profitably. I can&#039;t throw away my reputation on Hive for $2000, as my rep is worth much much more than that. At this point it&#039;s impossible to measure how much it is worth, but it&#039;s a lot. Who knows where Hive will be ten years from now? The reputation of my account could very well be worth more than the literal dollar value associated with my crypto holdings.

image.png

So I paired the 7000 bHive to 105,000 CUB in the LP, and sent 105,000 CUB to the trader for the 7000 bHive. Simple. Although now I have less than 800k CUB instead of 1M. Very sad. On top of that I still have half a million CUB just sitting around waiting to be thrown into an LP or locked for a year. It&#039;s quite likely I&#039;ll need to trade even more for Hive in order to get it into a place that actually generates yield and has a positive benefit to the network and myself.

Selling the bottom to buy the bottom.
So I&#039;ve essentially sold CUB at the bottom, but at the same time I traded it into Hive sub 30 cents, which is just absurd considering how high we were flying during the bull market. I may use this stack to justify offsetting funds elsewhere. I still need to buy some Bitcoin back that I sold during the Binance FUD. Or maybe I don&#039;t. I guess it all depends if alts do okay during 2023, so who knows.

Conclusion
No one likes to sell the bottom, but what if you&#039;re selling the bottom to buy another bottom? Such is the state of things when trading one crypto for another within a connected market. It gets even weirder in this particular situation because selling an asset can ultimately lead to higher liquidity and a higher price over time. Quite odd indeed.

The world is in a crazy place right now, and trust is in short supply. Luckily, trust is the primary asset that crypto deals in. We can always trust the ledger because the ledger is being confirmed worldwide by many nodes worldwide, all operated by users who have an incentive to stay honest. In the event that we need to trust an individual that often works out too and we meet some amazing people along the way, just remember that it might not always work out in the end.

Within this context, we see how Hive is once again way ahead of the curve in terms of the apathy and malice we see on other networks. On a social level, communities like Bitcoin and Ethereum are completely fractured and the waters are full of hungry bloodthirsty sharks. Most do not even get warning of who the sharks are or what they are doing, and if they do it&#039;s on WEB2 social media. Hive is intrinsically more connected than that. Love to see it.

Posted Using LeoFinance Beta

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poshtoken
10h (Edited)
https://twitter.com/1460818780980973570/status/1613279503752613898
https://twitter.com/1415155663131402240/status/1613375110307803137
The rewards earned on this comment will go directly to the people( @hivehotbot, @rzc24-nftbbg ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

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stayoutoftherz
10h (Edited)
You stacked 1M CUB? Ouch, what was your average? Or were those all compounding earnings?
Anyway, the upside potential is way higher with Hive, plus while staking it get´s you the 12% per year along. So why waste your time with CUB? This token is created out of thin air and thin air is where it will eventually go.

On another note, I noticed that you have some votes left for witnesses. If you could consider voting for me, I would really appreciate it! I am fully dedicated to Hive, never powered down a Hive, curate manually a lot, and thrive for more decentralization of our favorite blockchain. Thanks!
https://vote.hive.uno/@stayoutoftherz

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edicted
81
10h
Hmmm yeah it&#039;s not as bad as you think I bought most of it at 2 cents, and a lot of the money I used came from degen gambling on polycub and exiting early.

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tobetada
10h
this whole (p)cub thing has a really sour taste for me and I imagine 99% of people came into contact with it. But at least the team has been getting on track again with focusing on leo and the hive bridge. Really wondering where cub will be during a bull market - I will probably be buying the top again :)

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dagger212
10h
One of the bright spots of &quot;selling the bottom to buy the bottom&quot; on Hive is at least you don&#039;t get crushed on transaction fees. It wasn&#039;t too long ago when doing anything with the ERCs or Bitcoin took a nice big bite when repositioning at the bottom. BSC isn&#039;t as good as Hive, obviously, but it&#039;s not bad.

I did something similar a few weeks back with polycub where I moved some over to CUB instead. Since they&#039;re &quot;fixing&quot; that one first, I figured I might as well get on board that one. Funny, most of my polyCUB came from CUB in the first place. I&#039;ve just been playing Plinko all the way down. lol

We&#039;ll let it sit for a while now. There&#039;s really no place to go but up... :-)

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zaibkang
10h
Sr why do you not engaged with Hive users Onchain?

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edicted
81
10h
?

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zaibkang
10h
I mean not replying comments not giving upvotes, you are only just published post that&#039;s what I feel because I don&#039;t see any upvote giving by you on any post or any comment from you?

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steemychicken1
10h
Sometimes it&#039;s hard to comprehend the amount of trust that it&#039;s build in that community and in crypto as a hole. I have done my share of deal with big amounts of money and i was never let down. And i can&#039;t say the same for my everyday life and people that i know personally.

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manniman
7h
That&#039;s a good move, Bottom2Bottom seems irrelevant. From here on out, up-and-to-the-right.

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rzc24-nftbbg
4h
We can always trust the ledger because the ledger is being confirmed worldwide by many nodes worldwide, all operated by users who have the incentive to stay honest.

This summarizes the whole article for me.

Impressed with that 200k locked CUB!

Posted Using LeoFinance Beta

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@edicted/with-the-confidence-of-a-child-digging-a-hole-to-china

@edicted
1d
81
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LEOFINANCE
With The Confidence of a Child Digging a Hole to China.
This Joe Rogan clip has been circulating crypto Twitter for the past few days and I was going to ignore it but... meh, let&#039;s address it. I…
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@edicted/number-go-up

@edicted
2d
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LEOFINANCE
Number Go... Up?
Feels nice to have a green day after so much crab walking. Litecoin above $80. Pretty cool to see such a old-school alt that is…
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@edicted/vitamin-c-vitamin-d-zinc

@edicted
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Vitamin C, Vitamin D, Zinc
So I&#039;m on like day four of the coof, which traditionally for me would be the crescendo for viral infections. Normally feeling my worst…
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@edicted/i-gots-tha-coof

@edicted
4d
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LEOFINANCE
I gots tha coof!
I like to write a blog post every day. It&#039;s like a tradition at this point. In fact I&#039;m told that I wrote exactly 365 posts last year.…
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@brianoflondon/what-is-nostr-and-why-is-it-exploding-a-guide-for-hiveans

@brianoflondon
6d (Edited)
76
VALUE 4 VALUE
What is Nostr and why is it exploding? A guide for Hiveans.
This is a value for value post: see the explanation in the footer. As many of you know, I&#039;ve been described as &quot;Hive&#039;s leading expert…
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@edicted/more-milestones

@edicted
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More Milestones:
Crypto is a bit slow right now, and that&#039;s a good thing. We are firmly in the consolidation phase waiting for something to happen. News…
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@edicted/dead-cells

@edicted
9d
81
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LEOFINANCE
Dead Cells
Dead Cells is a video game that launched in 2018 and became popular during the last bear market. The only reason I know about it is…
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@edicted/binance-extorts-buddy-for-usd500

@edicted
11d
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LEOFINANCE
Binance Extorts Buddy for $500
I usually have a lot of nice things to say about Binance. High liquidity. Low Fees. High volume. Low Risk (comparatively…
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@edicted/christmas-miracle

@edicted
12d
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LeoFinance
LEOFINANCE
Christmas Miracle!
Christmas Miracle! I&#039;m pleased to report that I&#039;ve found $8000 lying around that I had completely forgotten about. A little over a year…
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@meno/now-that-we-are-poor

@meno
13d
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ECONOMY
Now that we are poor
I keep on seeing posts worried about this whole bear market thing. People who are wondering if they should just sell and quit the game…
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@edicted/nostr-decentralized-social-media

@edicted
13d
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LeoFinance
LEOFINANCE
NOSTR Decentralized Social Media
A lot of people have been talking about this protocol lately. We at Hive have to ask: is this a good or bad thing for us? Most would…
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@edicted/crab-walk-consolidation

@edicted
14d
81
LeoFinance
LEOFINANCE
Crab Walk Consolidation
The Bitcoin market has been one of the most boring sideways crabwalks we&#039;ve ever experienced. I bet if FTX never collapsed it would have…
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 reblogged
@dalz/exploring-the-sustainability-of-the-hbd-interest-rate-in-the-hive-ecosystem-or-realized-and-projected-inflation-from-hbd

@dalz
15d (Edited)
77
LeoFinance
LEOFINANCE
Exploring the Sustainability of the HBD Interest Rate in the Hive Ecosystem &#124; Realized and Projected Inflation From HBD Interest&#124; Dec 2022
While 2022 has been a challenging year for the cryptocurrency industry, HBD has been in a bright spot, especially for users within the…
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@edicted/venus-fly-trap

@edicted
15d
81
LeoFinance
LEOFINANCE
Venus Fly Trap
I&#039;m back! Still finding it fairly difficult to write posts during the holidays, even though theoretically it should be pretty easy to…
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@edicted/learning-about-iraq-from-a-9-year-old

@edicted
19d
81
LeoFinance
LEOFINANCE
Learning about Iraq from a 9 Year Old
I watched this YouTube video today with my nephew. Pretty wild eh? This kid is extra. He literally asked me the other day: Want to…
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@edicted/snow-day

@edicted
20d
81
LeoFinance
LEOFINANCE
Snow Day
Apparently I&#039;m going to be caught up in a huge snowstorm tomorrow. Didn&#039;t realize just recently how big this thing was, as it seems to be…
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@edicted/news-of-the-day-december-21-2022

@edicted
21d
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LEO
News of the Day December 21, 2022
It&#039;s getting pretty late and I don&#039;t really have much time to write this, but I thought it would be important to power through some…
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@edicted/defending-the-quarter

@edicted
22d
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LeoFinance
LEOFINANCE
Defending The Quarter!
Remember when these things were made of silver? When I was a kid I used to think that antique coins got their value from being old and…
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@edicted/died-suddenly

@edicted
23d
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LEOFINANCE
Died Suddenly
Has anyone seen this &#039;documentary&#039;? I haven&#039;t watched it, and a Google search on it yields the obvious results: But... We…
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				<link>https://www.bitcoinmyk.com/activity/p/306/</link>
				<pubDate>Thu, 12 Jan 2023 07:52:27 +0000</pubDate>

									<content:encoded><![CDATA[<div class="activity-inner"><p>LeoFinance</p>
<p>100%<br />
<a class='bp-suggestions-mention' target="_blank" href='https://www.bitcoinmyk.com/members/edicted/' rel="nofollow ugc">@edicted</a><br />
edicted<br />
81<br />
 3714 160<br />
 hivestats.io/<a class='bp-suggestions-mention' target="_blank" href='https://www.bitcoinmyk.com/members/edicted/' rel="nofollow ugc">@edicted</a><br />
 Moon<br />
Freedom From Debt-Slavery</p>
<p><a class='bp-suggestions-mention' target="_blank" href='https://www.bitcoinmyk.com/members/edicted/' rel="nofollow ugc">@edicted</a>/trust-in-a-trustless-environment</p>
<p><a class='bp-suggestions-mention' target="_blank" href='https://www.bitcoinmyk.com/members/edicted/' rel="nofollow ugc">@edicted</a><br />
10h<br />
81<br />
LeoFinance<br />
LEOFINANCE<br />
Trust in a Trustless Environment<br />
Selling the bottom to buy the bottom. So the APY on staking CUB has dropped to a measly 2.3%. I had a million&hellip;<span class="activity-read-more" id="activity-read-more-306"><a target="_blank" href="https://www.bitcoinmyk.com/activity/p/306/" rel="nofollow ugc">Read More</a></span></p>
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				<title>https://youtu.be/nWHm-ifMSkE</title>
				<link>https://www.bitcoinmyk.com/activity/p/302/</link>
				<pubDate>Tue, 10 Jan 2023 18:09:55 +0000</pubDate>

									<content:encoded><![CDATA[<div class="activity-inner"><div class="youzify-embed-wrapper"><iframe loading="lazy" title="Why Using Hive Makes You Consent in Crime and Criminal Activity, DPOS Failed" width="720" height="405" src="https://www.youtube.com/embed/nWHm-ifMSkE?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></div>
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				<title>What is Hive’s value proposition?
22 comments
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@forexbrokr
18d (Edited)
73
LeoFinance
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3 MIN READ
623 WORDS
What is Hive’s value proposition?
Direct from the desk of Dane Williams.





The value of a Hive account is that it allows you to always message your followers. NOT to expand your reach.
I’ve been thinking about this a lot and never really sat down and put it into words before answering some of the comments in yesterday’s Vitalik should join Hive post.

Whenever you talk about the prospect of influencers and businesses securing a Hive account of their own, the pushback is always this:

“There is no value in joining the Hive community because Twitter and other traditional Web2 platforms have a bigger reach.”

Basically, the argument is that if someone was to join Hive, they would get stuck in the echo chamber those of us here know so well.

But the value proposition of getting a Web3 Hive account isn’t actually to increase their reach by joining what we call a Hive community, such as LeoFinance.

Nope.

It’s to protect their ability to message their own community, whenever and however they please.

Which in most cases is simply the loyal followers that they’ve already built.

Banner highlighting Hive crypto’s value proposition
We need to change how we think about “community” on Hive.
Take the example of Vitalik.

A man of his stature in the crypto industry doesn&#039;t need access to the LeoFinance &quot;community&quot; to build his following.

Because he is literally a community in himself.

It doesn&#039;t matter what anyone already on Hive says or does, he has an audience that will follow him.

But what Vitalik does need is a censorship-resistant account and easy to use network of alternative front-ends that ensures he’s always able to get a message to HIS community.

Yep, a Hive account is literally all he needs.

He doesn&#039;t need any of what we call communities here because he already has an engaged audience.

Not to mention the fact that nobody is stopping him from using Twitter in the meantime to continue fishing where the fish are to expand that audience.

Best practice should be to publish content on a censorship-resistant platform like Hive and then to share it as far as wide as possible.

All the while, onboarding followers from Web2 to a censorship-resistant Web3 account that you own.

Having a social account running on a decentralised, immutable base layer is key.

And nobody can provide a battle tested, working solution like Hive.

THIS is Hive’s true value proposition.

The OnlyFans conundrum
Some of you might laugh while reading this, but adult content creators should see their own Web3 Hive account as the best OnlyFans alterantive for the same reason.

The value proposition of getting a Web3 Hive account isn’t to increase their reach by joining a porn community on Hive (sorry dPORN bag holders)..

It’s actually to protect their ability to message their own community, whenever and however they please.

An established adult content creator already has an audience.

What they need is a censorship-resistant platform to serve content to their followers and an account that they own to onboard that Web2 following to.

They don’t have to delete their OnlyFans, Twitter, Instagram etc etc.

But Hive’s value proposition of providing a censorship-resistant platform to ensure you’re never unable to message your community is unrivalled.

Best of probabilities to you.

PS. The best way to get a Hive account is by clicking the big get started button at the top right hand corner of this page and using your Twitter handle to sign up.

You’re then able to take full ownership of your account’s keys (when you’re ready of course) and gain all of the advantages that a Web3 Hive account has to offer.

Posted Using LeoFinance Beta

WEB3
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jfang003
18d
Wouldn&#039;t Vitalik&#039;s problem be solved using his own site then? It&#039;s not like removing him from a social media will remove his content if he does that. It does limit his reach and it makes it harder to find people I guess without having to build a mail list. However, would this matter if the people following him don&#039;t show up to Hive much? The notifications themselves don&#039;t really show people that there is a new post unless they are tagged.

While I believe in Hive, I was trying to take the other side to see why people wouldn&#039;t be here. I do think it&#039;s much better if they show up to Hive but I just can&#039;t remove the feeling that these people won&#039;t check often.

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forexbrokr
73
17d
Wouldn&#039;t Vitalik&#039;s problem be solved using his own site then? It&#039;s not like removing him from a social media will remove his content if he does that.

He will still be at the total mercy of his site&#039;s host.

That risk is removed on an account running on a truly decentralised, censorship-resistant network like Hive.

It does limit his reach and it makes it harder to find people I guess without having to build a mail list.

Limiting his reach and making himself harder to be found are two other risks/downsides to limiting your online presence to a single, self hosted site.

As for building a mailing list, I&#039;ve spoken about the synergies between an email list and Web3 account before.

However, would this matter if the people following him don&#039;t show up to Hive much? The notifications themselves don&#039;t really show people that there is a new post unless they are tagged.

My point is that influencers like Vitalik can use Hive as a censorship-resistant base to always have a platform to get their content out, no matter what.

It removes to the risk of being banned on Web2 socials.

Removes the server risk from self hosting.

And gives an opportunity to onboard a following onto a Web3 account that you own (a more convenient email mailing list).

From there, they can use and share to all the &#039;risky&#039; platforms while they&#039;re still able to in order to fish where the fish are.

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jfang003
17d
What is your view of Locals? I have heard a lot of people talk about it as a patreon alternative and it&#039;s kind of run by the people who run Rumble right now. It&#039;s generally the place I see a ton of YouTubers talk about when they mention how to contact people.

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josediccus
18d
I do believe Vitalik is a reasonable man, sometimes I just feels people like him are vested in their crypto projects and utilizing just Twitter alone. It&#039;s true that proposition we&#039;re selling isn&#039;t what we should be selling, he&#039;s a community on his own like you&#039;ve said afterall. However, k sometimes wish we can see Twitter on the brink of demise to see whether someone like him might see the need for what we&#039;re offering here.

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iskafan
18d
That&#039;s a selfish thought... Lol.

But I give it to you because everything is fair in business.

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josediccus
18d
If it happens, and we get him here, I won&#039;t be the only one to enjoy the prospective dividends.

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iskafan
18d
Haha... That&#039;s a great perspective. Again, you have my support.

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josediccus
18d
Those guys are all we need to taste mass adoption. Opportunity is a game of chess, one has to die for another to be born. You wouldn&#039;t mind being a millionaire would you?

&#x1f602;&#x1f602;&#x1f602;

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iskafan
18d
Lol. Who no like better thing? &#x1f602;

Of course, it&#039;s a cycle of life that one thing has to die for another to be born &#x1f648;

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forexbrokr
73
17d
Honestly, you might not have to wait too much longer to get your wish...

Elon is driving Twitter into the ground and people are at least waking up to breaking the monopolistic hold that it and Facebook have on the social media market.

As long as Hive remains open, decentralised and interconnected with other networks, there will always be a place for us in the market.

Posted Using LeoFinance Beta

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josediccus
17d
I also feel Elon is gradually killing the system, I tend to think this is even the most important time to pitch the hive gospel even more on Twitter.

Posted Using LeoFinance Beta

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iskafan
18d
Some of you might laugh while reading this, but adult content creators should see their own Web3 Hive account as the best OnlyFans alterantive for the same reason.

I was thinking about this yesterday. I imagined having a separate Hive account for all my adult content and NSFW tag posts.

And I wondered how will I be able to reach people who would love to read them without age restrictions.?

Then my head said, &quot;as long as they keep the NSFW tag setting on, they will find you&quot;.

And as long I try to reach them and draw them to that account through engagement, I can build a following.

This is a clear indication from all angle that Hive fixes almost everything.

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forexbrokr
73
17d
LeoFinance obviously has a different niche in mind, but they are building the ability to still use your Hive account behind paywalled content.

Once this code is developed, it&#039;s a no brainer that adult content creators would start using their Hive account as an alternative to OnlyFans.

Posted Using LeoFinance Beta

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leogrowth
18d
This sums it up pretty well, Hive is not a place to become an influencer, it is a place where anyone can share their message whatever that may be.

Congrats on getting a manual vote from our decentralized curation initiative! Thank you for making great content on Leo Finance!

We just launched an initiative to encourage long-term thinking on Leo Finance. Set some LeoPower goals and get rewarded in the process! It would be great if you join us!

#MyLeoGoals for 2023

image.png

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forexbrokr
73
17d
But in saying that, there is certainly value for influencers here too.

The business model of an influencer relies on being able to message their audience.

At the moment they are at the total whim of Web2 platforms who have the power to take away their ability to do business at the drop of a hat.

Onboarding their following from a Web2 account to an immutible Web3 Hive account that they actually own, is a smart risk management play for their business.

Posted Using LeoFinance Beta

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optout
18d
Would you please sign up for my OnlyFans account. I&#039;ve been on there a while and for some strange reason I don&#039;t have any subs yet.

Posted Using LeoFinance Beta

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forexbrokr
73
17d
Do you let people who lean to the left side of politics masturbate to your content?

Posted Using LeoFinance Beta

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optout
17d
Money is apolitical.

Posted Using LeoFinance Beta

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forexbrokr
73
17d
Sellout...

Posted Using LeoFinance Beta

1
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optout
17d
We all do what we gotta do to make it in the Biden economy. *Adjusts wig, applies fresh lipstick, walks awkwardly on high heels towards the nearest truck stop.

Posted Using LeoFinance Beta

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jerrythefarmer
18d
I honestly thought Vitalik would have an account by now.

Posted Using LeoFinance Beta

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forexbrokr
73
17d
As someone who is genuinely in it for the tech, I too thought Vitalik would see the value in having a Hive account for his messaging.

Maybe he will when whoever runs his Mastodon server of choice decides they need to monetise their userbase to pay infrastructure costs...

Posted Using LeoFinance Beta

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				<link>https://www.bitcoinmyk.com/activity/p/301/</link>
				<pubDate>Sun, 08 Jan 2023 21:10:25 +0000</pubDate>

									<content:encoded><![CDATA[<div class="activity-inner"><p>What is Hive’s value proposition?<br />
22 comments<br />
/<br />
0 reblogs</p>
<p><a class='bp-suggestions-mention' target="_blank" href='https://www.bitcoinmyk.com/members/forexbrokr/' rel="nofollow ugc">@forexbrokr</a><br />
18d (Edited)<br />
73<br />
LeoFinance<br />
LEOFINANCE<br />
3 MIN READ<br />
623 WORDS<br />
What is Hive’s value proposition?<br />
Direct from the desk of Dane Williams.</p>
<p>The value of a Hive account is that it allows you to always message your followers. NOT to expand your reach.<br />
I’ve been&hellip;<span class="activity-read-more" id="activity-read-more-301"><a target="_blank" href="https://www.bitcoinmyk.com/activity/p/301/" rel="nofollow ugc">Read More</a></span></p>
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				<guid isPermaLink="false">89656c0efb18e93643856deb06be37c2</guid>
				<title>LeoFinance


100%
@forexbrokr
Dane Williams
73
 2641 158
 leofinance.io/@forexbrokr
 Sydney, Australia
Web3 &#124; Hive
 
@forexbrokr/best-way-to-buy-hbd-without-kyc

@forexbrokr
1h (Edited)
73
LeoFinance
LEOFINANCE
Best way to buy HBD without KYC
Direct from the desk of Dane Williams. The best method to buy HBD without KYC is to use the ParaSwap DEX aggregator to buy bHBD…
152
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Best way to buy HBD without KYC
1 comments
/
0 reblogs

@forexbrokr
1h (Edited)
73
LeoFinance
LEOFINANCE
3 MIN READ
570 WORDS
Best way to buy HBD without KYC.
Direct from the desk of Dane Williams.





The best method to buy HBD without KYC is to use the ParaSwap DEX aggregator to buy bHBD, which can then be bridged to your Hive account.
Are you looking for the best way to buy Hive Backed Dollars (HBD) without KYC?

Binance and Blocktrades have been the traditional routes that people use to buy their HBD from an exchange.

But recently, both have started requiring users to submit ID and a photo.

Yuck.

If you have no interest in completing these archaic KYC requirements and are searching for an alternative, I’ve got you covered.

The solution is actually quite simple:

Use the Paraswap DEX aggregator on the Binance Smart Chain (BSC) to purchase HBD crypto in the form of bHBD, and then transfer it to your account.

In this guide, we&#039;ll walk you through the process of buying HBD without KYC step by step and ensure you don’t make any mistakes.

Let&#039;s get into it.

Start by moving your money into the crypto ecosystem
Let me kick off by saying no matter what governments do, there will ALWAYS be non-KYC fiat on/off ramps available.

Non-KYC exchanges accessible from certain parts of the world, p2p crypto trading services, Bitcoin ATMs and the like.

No matter what FUD you read, I assure you that there will technically always be options to get money into the crypto ecosystem.

Find your non-KYC on/off ramp and get your cash into the ecosystem.

Once inside, you are free to use decentralised exchanges and aggregators like Paraswap to buy HBD without KYC.

How to buy HBD without KYC using Paraswap
Follow the following steps to buy HBD without KYC using the DEX aggregator called Paraswap.

While the steps will be similar for other DEXs, using Paraswap is the easiest and cheapest way to do it.

Step 1 - Buying HBD via Paraswap
You’re actually going to be buying a BSC-based derivative called bHBD.

Go to app.paraswap.io and ensure the BSC network is selected:

Buying HBD without KYC on Paraswap.
In the top drop down box, select the token you wish to swap from, while in the bottom drop down box paste the following contract address for bHBD - 0x874966221020d6ac1aed0e2cfad9cbfee0ba713b:

Selecting HBD on Paraswap.
Hit Review Order and confirm the transaction via your BSC wallet of choice:

Confirming your HBD buy.
Easy, right?

You’ve now bought HBD without KYC and it’s time to bridge it over to your HIVE account.

Step 2 - Bridging bHBD to your Hive account
Remember, by using a BSC-based DEX, you’ve bought a derivative of HBD called bHBD.

To get it back into your Hive account and start earning 20% interest, you need to use the HBD to BSC bridge:

Bridging your non-KYC HBD back to Hive.
Click the button that says transfer them back, then input your Hive username and the amount of bHBD you wish to transfer:

Punch in your Hive username.
Once again confirm the transaction via your BSC wallet of choice:

Confirming your bridge transaction.
There you have it.

Your bHBD has now been bridged to native HBD, the best algorithmic stablecoin and is waiting for you in your Hive account.

Best of probabilities to you.

PS. Also be sure to check out my best way to buy HIVE without KYC post.

Posted Using LeoFinance Beta

HBD
HIVE
HIVE-ENGINE
HIVEHUSTLERS
CTP
CENT
PALNET
NEOXIAN
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Begin editing...

1 Comments
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poshtoken
1h
https://twitter.com/1331330355513745413/status/1610448873918529538
The rewards earned on this comment will go directly to the people( @taskmaster4450le ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

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@forexbrokr/the-contradiction-that-is-brave-rewards

@forexbrokr
1d
73
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The contradiction that is Brave Rewards
Direct from the desk of Dane Williams. A look at Brave Rewards, the company’s data collection process and contradictory policy…
301
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@forexbrokr/impermanent-loss-in-lps-where-one-side-is-a-stablecoin

@forexbrokr
6d (Edited)
73
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LEOFINANCE
Impermanent loss in LPs where one side is a stablecoin
Direct from the desk of Dane Williams. Guide to crypto impermanent loss in LPs where one side is a stablecoin. The other day I…
235
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@forexbrokr/what-is-impermanent-loss-in-crypto-simple

@forexbrokr
8d (Edited)
73
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What is impermanent loss in crypto? - SIMPLE
Direct from the desk of Dane Williams. A simple guide to what impermanent loss in crypto really is and how to manage it as an…
157
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@forexbrokr/i-view-impermanent-loss-a-little-differently

@forexbrokr
12d (Edited)
73
LeoFinance
LEOFINANCE
I view impermanent loss a little differently...
Direct from the desk of Dane Williams. The scenario where I’ll happily accept impermanent loss on my DeFi LP. In the world of…
288
1
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@forexbrokr/what-is-hive-s-value-proposition

@forexbrokr
13d (Edited)
73
LeoFinance
LEOFINANCE
What is Hive’s value proposition?
Direct from the desk of Dane Williams. The value of a Hive account is that it allows you to always message your followers. NOT…
232
22
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@forexbrokr/vitalik-buterin-needs-to-embrace-web3-social-media-on-hive

@forexbrokr
14d
73
LeoFinance
LEOFINANCE
Vitalik Buterin needs to embrace Web3 social media on Hive
Direct from the desk of Dane Williams. Vitalik Buterin - It’s time to embrace Web3 social media on Hive. Did you see that our…
219
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@forexbrokr/what-if-you-are-banned-from-mastodon

@forexbrokr
15d (Edited)
73
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LEOFINANCE
What if you are banned from Mastodon?
Direct from the desk of Dane Williams. I take a look at what happens if you’re banned from Mastodon and why Hive’s true Web3…
294
1
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@forexbrokr/6-ways-to-grow-your-leo-stake-on-hive

@forexbrokr
24d
73
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6 ways to grow your LEO stake on Hive
Direct from the desk of Dane Williams. Whether you want to invest money or time, here are 6 ways you can grow your LEO stake on…
441
24
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@forexbrokr/when-you-should-power-up-hive

@forexbrokr
25d (Edited)
73
LeoFinance
LEOFINANCE
When you should power up HIVE
Direct from the desk of Dane Williams. A look at the various scenarios around if and when you should power up HIVE. Powering…
479
1
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@forexbrokr/further-musings-on-the-future-of-social-media

@forexbrokr
1 mo
73
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Further musings on the future of social media
Direct from the desk of Dane Williams. The future of social media is more than just shitposting and organising coffee dates.…
164
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@forexbrokr/wax-vs-eos-battle-of-the-eosio-blockchains

@forexbrokr
1 mo
73
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WAX vs EOS - Battle of the EOSIO blockchains
Direct from the desk of Dane Williams. When it comes to making a head to head comparison with another blockchain, WAX vs EOS is…
151
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@forexbrokr/introduction-to-wax-crypto-waxp

@forexbrokr
1 mo
73
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LEOFINANCE
Introduction to WAX crypto (WAXP)
Direct from the desk of Dane Williams. An introduction to WAX crypto (WAXP), the blockchain ecosystem specifically focused on…
377
1
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@forexbrokr/the-future-of-social-media-blockchain-and-web3-dapps-on-hive

@forexbrokr
1 mo
73
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LEOFINANCE
The future of social media - Blockchain and Web3 dApps on Hive
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308
9
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@forexbrokr/best-defi-variable-staking-cub-finance-kingdoms

@forexbrokr
1 mo
73
LeoFinance
LEOFINANCE
Best DeFi variable staking? - Cub Finance Kingdoms
Direct from the desk of Dane Williams. A guide to Cub Finance’s newest variable staking option inside Kingdoms, offering both…
461
1
10
$5.70 USD
@forexbrokr/switching-from-twitter-to-mastodon-try-hive-instead

@forexbrokr
1 mo
73
LeoFinance
LEOFINANCE
Switching from Twitter to Mastodon? Try Hive instead
Direct from the desk of Dane Williams. Switching to Mastodon solves none of the problems you currently face on Twitter. Here’s…
176
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@forexbrokr/can-i-still-get-the-dogechain-airdrop

@forexbrokr
1 mo
73
LeoFinance
LEOFINANCE
Can I still get the Dogechain airdrop?
Direct from the desk of Dane Williams. While the claim time limit has passed for Early Shibes , Loyal Shibes can still…
240
6
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@forexbrokr/is-solana-dead-2022-update

@forexbrokr
1 mo (Edited)
73
LeoFinance
LEOFINANCE
Is Solana dead? - 2023 update
Direct from the desk of Dane Williams. Following the 2022 crypto crash caused by FTX, we take a look at whether Solana is dead…
153
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$0.92 USD
@forexbrokr/is-waxp-the-same-as-wax-crypto

@forexbrokr
1 mo (Edited)
73
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LEOFINANCE
Is WAXP the same as WAX crypto?
Direct from the desk of Dane Williams. Yes, WAXP is the same as WAX crypto. When I first started messing around with the WAX…
254
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@forexbrokr/where-does-hbd-s-20-interest-come-from-hbd-faqs

@forexbrokr
1 mo
73
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LEOFINANCE
Where does HBD’s 20% interest come from? - HBD FAQs
Direct from the desk of Dane Williams. Continuing to address your most common questions about Hive&#039;s algorithmic stablecoin…
547
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				<link>https://www.bitcoinmyk.com/activity/p/298/</link>
				<pubDate>Wed, 04 Jan 2023 03:08:06 +0000</pubDate>

									<content:encoded><![CDATA[<div class="activity-inner"><p>LeoFinance</p>
<p>100%<br />
<a class='bp-suggestions-mention' target="_blank" href='https://www.bitcoinmyk.com/members/forexbrokr/' rel="nofollow ugc">@forexbrokr</a><br />
Dane Williams<br />
73<br />
 2641 158<br />
 leofinance.io/<a class='bp-suggestions-mention' target="_blank" href='https://www.bitcoinmyk.com/members/forexbrokr/' rel="nofollow ugc">@forexbrokr</a><br />
 Sydney, Australia<br />
Web3 | Hive</p>
<p><a class='bp-suggestions-mention' target="_blank" href='https://www.bitcoinmyk.com/members/forexbrokr/' rel="nofollow ugc">@forexbrokr</a>/best-way-to-buy-hbd-without-kyc</p>
<p><a class='bp-suggestions-mention' target="_blank" href='https://www.bitcoinmyk.com/members/forexbrokr/' rel="nofollow ugc">@forexbrokr</a><br />
1h (Edited)<br />
73<br />
LeoFinance<br />
LEOFINANCE<br />
Best way to buy HBD without KYC<br />
Direct from the desk of Dane Williams. The best method to buy HBD without KYC is to&hellip;<span class="activity-read-more" id="activity-read-more-298"><a target="_blank" href="https://www.bitcoinmyk.com/activity/p/298/" rel="nofollow ugc">Read More</a></span></p>
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				<title>Testing</title>
				<link>https://www.bitcoinmyk.com/activity/p/294/</link>
				<pubDate>Tue, 03 Jan 2023 00:56:17 +0000</pubDate>

									<content:encoded><![CDATA[<div class="activity-inner"><p>Testing</p>
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				<link>https://www.bitcoinmyk.com/activity/p/293/</link>
				<pubDate>Mon, 01 Aug 2022 11:27:35 +0000</pubDate>

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				<link>https://www.bitcoinmyk.com/activity/p/292/</link>
				<pubDate>Mon, 01 Aug 2022 11:14:54 +0000</pubDate>

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