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RE: Hive: Smart Contracts And One Second Block Times?

in LeoFinance4 years ago

i think some people tried, not that it was great.

i see it currently as an closed loop of not enough people holding hive, how easy is to get hive and are people willing to spend it now when most are waiting for the bull to do something.

number of people holding significant spendable hive is small, few 1000 maybe.

for me to get hive (it is maybe easier in other places) i need to go to the bank, send money to a local exchange, get btc (eth, ltc) than on other exchange change btc to hive, and than use it to buy something.

i am not sure how many people are willing to spend hive at 10 cents to buy something.

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That is all true and do not disagree at all.

Ease of use certainly is something that is a problem as well as the distribution. HIVE is not something on the top of most people's mind (few even know about it). However, if we can keep expanding, things can change. Bitcoin was not so well known early on either.

Posted Using LeoFinance Beta

i was just addressing the marketplace idea. If you watched jarive's video he did with a new user and what she managed to pick up after the registration you would for sure see how ease of use has improved. i waited 3 weeks for an account and had no info about anything, except using a pretty bad search on steemit to find posts that explain something.

ease of use is for sure improving. just wanted to make a point about the marketplace idea (that i like). For people that have a lot of crypto, maybe not that hard to buy stuff with hive, but for "normies" not that easy. in my situation i need to pay 4 different transaction fees to get from fiat to hive, not going to buy with hive at the moment for sure.
i even event for a crazy rout of buying splinterlands cards with paypal to sell them for hive so i could buy hive for few $ at the time. then i caught myself not selling the cards so i abandoned that not so great idea (well i got few legendary cards, so maybe it was not a disaster)