That's unless they want to "help Hive" by letting a (large) portion of their HIVE or HBD to be swapped or converted be burned. ๐ค๐ฅ๐ธ๐คฏ๐๐ค
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Well, that would likely help HIVE's fiat value. ๐๐๐โจ๐ค
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!HUG
!INDEED
!WEIRD
It's a time-consuming way to "help" increase the price of HIVE or HBD though, as it requires several clicks to finish a transaction to convert/swap between HIVE and HBD (and also requires inserting the private active key every time if not already saved on #HiveKeychain or #Hivesigner). ๐ค๐คฏ
I think that I read here on Hive about a Hive-based project which gives any Hive account certain tokens (on #HiveEngine) for every HIVE or HBD burnt. ๐ฅ๐คฏ๐ค
Well, I was thinking more that it would be a side benefit, rather than a primary means of doing so.
This is my first time hearing about that, interesting. I know I'd never participate, as both HIVE and HBD are far too valuable to me. ๐๐๐โจ๐ค
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!INDEED
!PIZZA
!WEIRD
I don't think that anyone needs to plan to "participate" in getting any token from burning HIVE or HBD, since it can be considered only a "token of appreciation" for anyone who burned any of those first-layer Hive tokens. ๐ค๐คฏ
Anyway, I don't know where I read that project (here on Hive), because it's really hard to find it using #Ecency Search. ๐ฅ๐คฏ๐
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!INDEED
!HOPE
Ah, I see. I imagine only whales would have participated...lol!
It's apparently lost in the blockchain sands of time. ๐๐๐โจ๐ค
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!INDEED
!WEIRD
I think that nearly all of the people on Hive who "participated" in such project were unaware that such initiative existed! ๐ค๐งโโ๏ธ๐คฏ
Maybe I actually read it on the blockchain where Hive emerged from and was published after the fork, so #Ecency Search will surely not find it !INDEED! ๐๐
!WEIRD
!HOPE
!HUG
That statement is very confusing for me. How? Why?
Ah, maybe so, as I've never heard anything about it. ๐๐๐โจ๐ค
!HOPE
!HUG
!INDEED
!WEIRD
If ever someone on Hive burned HIVE or HBD and got some tokens for it from the project, then they wouldn't have been notified that time (since even #Ecency used to not notify their users of any incoming #HiveEngine token tipping transfer, not to mention all other Hive blogging frontends have not implemented notifications for Hive Engine incoming transfers). ๐ค๐คฏ That's the reason why most people (on and off Hive) would not be aware of such project, regardless of whether they burned HIVE and/or HBD. ๐คฏ๐
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