Perhaps there are too many ways to view something. No matter what view you take. There is a degree of disagreement on some aspect for some reason. That seems to be true for most if not all parts of life. There has to be a bit of give and take. A bit of flexibility in the system or the tension will snap it.

Not seeing all that goes on behind the scenes. Having no interest in developing code and wanting to build on the chain.

Can a blockchain token be utilised as a currency, outside of a banking control and remain trusted?

Are Blockchains hosting financial tokens doomed to lack of investment?

Maybe if computers came out a few years earlier, my interest in coding might have developed more. I think I got 4 classes of computer. Yup only 4 classes. The computers were to be used by all school attendees. I did code the game of hangman. That was it, end of course. Coding is for the younger minds.

The coders/witness on the Hive blockchain say one thing. They want for Hive to succeed. For many of them there now. Success or failure, they all got well paid. For the rest, well that's the risk you took. Weekly payments from the chain with no accountability. In reality they play games with the finances of people all over the world. All of the things they say they want to work toward. Cannot happen by making code. It will not happen by adoption or mass onboarding. It will only happen by building the infrastructure to make it happen. Coders/witness will not do this. The longer they do not, the longer they remain in control.

Once an infrastructure is built that truly enables people. The need for those at the top diminishes. The controlling cartel loses its power. Yes those in control, who make the rules and choices that will benefit them best. Do not consider you in their decision making.

Almost 7 years here watching and listening to the witness and coders tell me they know what they are doing. Yet I and many others look at the value of HIVE drop when BTC does and take forever to recover. BTC must double its value for HIVE to gain 24% back.

The demand for HIVE goes lower and lower HBD is stabilised so those who have a proposal up get paid. This payment comes from the daily release of new tokens. Tokens reserved for the elite.

While those of you will tell me to make a proposal myself. The truth is, If a proposal I made would get support. There would be more witness already willing to listen to me.

Using a Blockchain token as a currency.
Not that big of a deal. I have been involved in a few of those actions myself. Nobody cares because the amount of transactions to buy a coffee is just too small. If that was to change to people purchasing more things with Crypto. Then you would see a big shift in the financial world.

Even now with so few using crypto, banks are getting their hooks in. All of these cards coming out now. You can use FIAT or Crypto. They are all bank related. They must have mastercard or visa on them. These are third party financial characters. Those who are successful will be bought up by a bank.

While yes it is possible to use crypto as cash in some cases. Those involved in the crypto scene at the moment have no ambition to see a crypto remain outside of a banks control.

Doomed.
The biggest thing here on Hive recently has been the games. Even getting some exposure on podcasts. Take a look at the games. Which has been successful? How will you measure a games success? I do not see any that are successful. Yes there are games still going, still getting played. A few thousand daily users for the best games.

People playing a game might be considered success. But these games were based around a tokenised value. The value of all the tokens created has dropped or the interest in them dropped. People stopped playing the game.

That seems to me very mirror image of Hive. The value of tokens drops and one remains because it's subsidised. People dropped off.

In both, the games and Hive. People are here for some additional finance. Those at the top fleece the resources while the rest labour on chain for a penny.