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RE: 80 Cents is the FLOOR Price.

in LeoFinance4 years ago

This is where we should have held ever since 2018. 80 cents is the fair price of tokens for this network,

It's impossible to discover fair price (or market price), when there are no price discovery mechanisms in place.
This requires free markets, supply, demand, and sound money.
Sound money is not inflationary. Hive is not a free market. Hive is inflationary.

When it really comes down to it you can't buy the kind of history we have. We defied a hostile takeover.

Someone with a critical eye could quite easily look at the stats after the steem / hive fork, and rationally deduce that it's the same project, just doubled.
I'm not saying this is the case, but I could play devils advocate and argue that it it is.

We proved that DPOS is even stronger than it was thought to be on paper.

DPOS is weaker than a new born lamb, in terms of longevity.
There's been no ecosytem in history (that I'm aware of), either politically, or commercially - where non meritocratic systems have endured.
After the cyclical process of becoming an oligarchy - through merit and capital - and then it becoming institutionalized and stagnant through bureaucracies and midwits, the system falls apart.

DPOS by passes the 'capital and merit' phase, going straight to oligarchy and the midwit.

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Someone with a critical eye could quite easily look at the stats after the steem / hive fork, and rationally deduce that it's the same project, just doubled.

Sounds like a very uncritical eye to me.
Might as well say that Bitcoin is the same as every other Bitcoin fork.
Code can be copied, but networks/communities can not.

DPOS by passes the 'capital and merit' phase, going straight to oligarchy and the midwit.

Right... yeah it doesn't though. The stacks of more trustworthy people are the ones getting bigger.

Still in the early stages of merit. Crypto actually bypasses the bureaucracy stage with the ability to fork governance in an instant. These networks are permissionless. You can't add red tape to them. Healthy competition is everywhere. You are impatient.

midwits

This is my new favourite word.

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