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RE: Network Effects And The Flywheel

in LeoFinance10 months ago

I wonder why the Bitcoin network grew to its current size despite the massive negative publicity.

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It was a database that served a purpose. There was no confusion about what it did.

Hive has people talking a lot of stuff that doesnt apply. Also, at least bitcoin proponents used it. With Hive, we see the network effects being given to Web 2.

I wonder what's Hive's Unique Selling Proposition (USP) to people. It appears there are too many.

Decentralized text database.

That is what a blockchain is. People mistake the second layer stuff for Hive. If people focused upon the database aspect and left the other stuff to the platforms, we would be further ahead.