RE: I Am #AliveAndThriving Today! || #IAmAliveChallenge || Daily Off-Grid Jungle Journal Entry: Day #1110 - A Long-Term Hive Investment Plan Coming into Focus - GaiaYoga Gardens, Lower Puna, Far East Big Island, Hawai'i - Monday, August 11, 2025

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RE: I Am #AliveAndThriving Today! || #IAmAliveChallenge || Daily Off-Grid Jungle Journal Entry: Day #1110 - A Long-Term Hive Investment Plan Coming into Focus - GaiaYoga Gardens, Lower Puna, Far East Big Island, Hawai'i - Monday, August 11, 2025

savvyplayer in We Are Alive Tribe • 7 months ago

I can think of the following as a quick (and likely incomplete) summary of the advantages regarding earnings on Hive and on #Nostr. 🤓

Hive 🐝

content rewards (for both authors and curators) come from HIVE token inflation, not from one's own wallet
decentralized wallet; no custodians of one's tokens
practically zero fees transferring HIVE tokens to another Hive account
can easily change private keys if exposed; Hive Power and HIVE/HBD in Savings are protected

Nostr 🐦

zaps are credited instantly at the recipient's LN wallet
sats on the recipient's wallet can be sent or withdrawn anytime to another LN wallet

!INDEED !WEIRD !HOPE !PIZZA !HUG

7 months ago in We Are Alive Tribe by savvyplayer

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tydynrain 7 months ago

That's a nice run down, and it definitely look like Hive wins. 😁🙏💚✨🤙

!HOPE
!HUG
!INDEED
!PIZZA
!WEIRD

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savvyplayer 7 months ago

I think that someone who likes a "true coin" that isn't just a token (not necessarily a "Bitcoin maxi") and/or does not like flagging though would still very likely flock to #Nostr though despite the advantages of Hive. 🧘‍♂️🤓

!INDEED !HOPE !WINEX !HUG

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tydynrain 7 months ago

See, that's a curious thing, because a coin is produced directly by the blockchain, while a token is created with certain parameters by an account, so by that definition HIVE and HBD are both coins, not tokens. All the tokens in layer 2 are truly tokens, though. 😁🙏💚✨🤙

!ALIVE
!BBH
!HOPE
!HUG
!INDEED

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savvyplayer 7 months ago

I wonder then why HIVE and HBD are called "tokens" though !INSTEAD of "coins". 🤯 #PeakD, #Ecency, and most popular Hive frontends call them "tokens". 😅

Anyway, I think that a cryptocurrency "coin" in general is something that can't be gone (whether or not it can be sent to the corresponding @null account depending on the blockchain), while "tokens" can be created arbitrarily by its issuer, and can also disappear (such as when someone converts or swaps between HIVE and HBD, where a bit of the tokens are lost for every transaction). 🤯🤯🤓

!WEIRD !INDEED !WINEX !ALIVE

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tydynrain 7 months ago

I've been asking myself that question since I got here...lol! I have no clue.

That's a new definition to me, but I understand the perspective. I'm still thinking about it, since HIVE and HBD are inherent aspects of the blockchain, so they never leave either, they just constantly reappear. 😁🙏💚✨🤙

!ALIVE
!INDEED
!WINE
!WEIRD

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savvyplayer 7 months ago

It would be really surprising if something that is supposed to be a token on #HiveEngine exists as a coin !INDEED. 🤯

Anyway, in theory, the majority of Hive Witnesses can agree to make the price of the HIVE token $0.001 each, such that every $1 worth of HBD from Hive author rewards will give an equivalent of 500 HIVE tokens and 500 Hive Power at reward payout time to the author !INDEED. 💸🤯😅

!WEIRD !HOPE !PIZZA !HUG

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tydynrain 7 months ago

Well, they're quite different, so I don't see that situation arising any time soon.

That would be a rather interesting turn. It sounds a little bit like the present BLURT/SWAP.BLURT price. 😁🙏💚✨🤙

!HOPE
!HUG
!PIZZA
!WEIRD

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savvyplayer 7 months ago

That only shows how important Hive Witnesses are, especially those in the Top 20. 🧘‍♂️🤓

!WINEX
!LOLZ

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