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Chaos in cryptoland

jeffmackinnon

Published: 14 Sept 2022 › Updated: 14 Sept 2022Chaos in cryptoland

Chaos in cryptoland

It turns out that #crypto is still in chaos; but I'm not sure where #web3 is going to go from here. I decided to divest my crypto a few years ago. Today, I'm not sure how projects like #hive is going to keep going.

One of the great things about hive is that it doesn't have the same proof of work method, and since the split from #steem it doesn't have the poison pill of pre-mine to deal with.

There is one thing that troubles me still. There is no "reasonable" offramp, more and more exchanges are acting sketchy so if I had a lot of #hive I couldn't off-load it in a way that was straightforward.

So, I'm stuck in a strange place, I don't want to build my $hive stake because I don't know how to move it around with #fiat; and there is no $hive marketplace. I can't buy/sell with hive so what does one do?

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