$HBAR ; THE NEXT BLUECHIP💎 or Fist drainer📉?
A brief article on $HBAR & #Hedera
Hedera is the best tech in all of #Web3. Their enterprise use cases are showing real world DLT adoption at scale. Hedera is doing more TPS than any other blockchain. They are showing strong potential as being the de facto L1 the future. Unlimited potential! 🚀
However…👇
Many retail speculators are underwater. I’ve heard the argument that these are API tokens, it’s a technology, and not an investment. You should not expect a profit. Okay, that’s fine, if you are Corda R3 or HLF, where there is no IPO or native token. But this is not the case for a public DLT that aims to be decentralized & permissionless.
Retail is literally the only way Hedera can fund their operations via $HBAR purchases by retail. Also, retail is the only way Hedera can become permissionless and truly decentralized.
So if there is a day where the governing council buys their own gas, aka HBAR, to fund their use cases, they will never achieve true decentralization if they have scared off retail “speculators” by then.
So what am I saying?
What am I getting at?
Well…
If #HBAR is a poor performer in the next 1-2 bull cycles, due to decreased interest from lower staking rewards, increased dilution, & failure to capture broader adoption then Hedera could and will likely fail in the long run.
Imo, Hedera has 1-2 bull cycles to let token appreciate in value before they entirely lose retail interest. It’s just how it goes.
You can have all the loyal people now saying this isn’t true, but the fact is that it is true.
Am I saying this is destiny? No.
But I’m writing this post to highlight the fact that you can have all the bullish use cases and news you want, but if you fail to keep your current holders & attract new customers then the native token MUST appreciate.
No one is going to a “secure a network” out of the goodness of their hearts, just because. And if you are, then you really are exhibiting cult like behaviors.
The fact is, Hedera needs retail to hold HBAR for their path to decentralization to become a reality. If HBAR is a token that just drains your fiat, you’ll have trouble getting enough people to accomplish true decentralization.
I’m sure people will unfollow or disagree, but it’s the truth. I’ve not sold any HBAR since this news and don’t plan on it. I know this is a long term hold with huge potential and I’m just as bullish as I have ever been on Hedera. I will continue supporting them and help expanding awareness of this amazing technology in the broader crypto market. Still a Hedera fanboy so don’t get it twisted. But these are just facts.
#crypto2023