The hive blockchain is something I've been doing since 2017 and I'll admit it's one of the best platforms in terms of potential for social media and earning. However there are some flaws in the system but Hive has done a very good job at holding at least some type of value in the token even with a rather high inflation rate and no revenue source being that it's also a feeless blockchain both a positive and a negative as inflation on the token just grows and grows the longer it's in existence so unless more people are stocking it up the more inflated it becomes you can see the negative to that over years.

Overall hive has done pretty well. While I'd love to see a steady $1 hive the idea of that would be pretty massive for it to always hold that higher level. But what's needed more than ever are a few things.

The Internal System

Now I'm sure this will never change and I'm sure I'll catch flack for speaking up about it like always but someone has gotta say it. The main things that need to happen are HBD inflation needs to be brought down to something more like 5%-9% range. Now sure people will say there's plenty of debt to hive ratio and all is fine. But the point is it's negative pressure on hive and is causing a hyper inflation of the hive token itself which is suppressing the value of hive.

Now it's not the only thing but it does have a impact and when combined with everything else this is why the price of hive continues to be crushed.

The DHF either needs to be removed for good or some better voting and checks need to be put into place. The amount of money being spent on legit dumb DHF projects that are sheer expenses and bring little to no value in return is astonishing. If you thought the USA government was corrupt and overspending the Hive blockchain is 10x worse (well not really but it's still bad) We have got to stop spending money on things like a racing car and value plan or random poor country sponsorships because all it's doing is draining investors money and for the few people that control the DHF honestly you should be ashamed for treating it in the way it has been and then wonder why no one wants to invest into Hive. It's become a charity case of expenses with no revenue to come in.

My Next Moves

My next moves are to hyper expand to 300,000 hive powered up if not more to build leverage. But really a bulk of it is going to come from HBD interest as the fastest way to really catch up.

This hyper inflation of funds in the account will give me more workable room to really focus on projects I've been wanting to and to help other projects that I believe in to further launch the adoption of the hive blockchain.

Outside of that I want to build my own token now that things in the USA are starting to lighten up a bit and clear rules are put into place. This will most likely fall right in line with the stable release of VSC which is the layer two blockchain if you will of hive which I think with some solid development on it could shape up into something great.

Not sure hive-engine is great it's done a lot for hive in creating games and other ecosystems but it does have its drawbacks and flaws as does anything.

Initial Goals

Reach 10,000 HBD asap as this will cover the fees of running a hive-engine and hive blockchain node. This will most likely be expanded them to 3speak and VSC and also a Splinterlands node.

A total of 5 nodes I'll be running for the hive blockchain.

I'm also looking at running many of these off of my own systems I own myself and not cloud based.

That also means I'll be stocking up a bit on things like Hive and SPS to further improve my stake weight in these areas and work directly with others who have been providing value to the hive ecosystem so we can further support each other.

Large Project

The large project is still in the planning phases and wont be out for sure until VSC launches. Although if it takes too long I might launch a mini version of it on hive-engine which would allow me to test things outside of just on paper. The primarily goal will be to draw in developers and users along with improving the overall hive price while providing a little value to the token holders as well.

But there's also only so much one project can do and that's why I'll be reaching out to others and showing how we can work together to benefit each other and grow and thrive the hive blockchain.

IDK about you but after investing a ton of time, money and resources into a blockchain I'd like to see it be wildly successful and it's going to take contributions from each of us to make that happen.

So start stacking that hive and powering it up!

Posted Using INLEO