Today while chatting in discord, my friend @mypathtofire shared a link to a speech by Erik Voorhees. It is a very good speech and I strongly encourage you to listen to it. Above all, however the speech reminded me why I got into crypto in the first place.
When others determine whether you are accepted or not
There was a time in my online career when I was trying to earn money in many ways. I joined many programs and there was always one big issue. How will I get paid? In the best case, the program would pay through paypal or one of the other similar services. It was always very complicated to get paid. Either you had issues with joining these services or then you needed to generate big amounts before a payout was even possible. In addition to that, you were never sure that you or the program owner wouldn't be kicked out. You might have generated a lot of money just to be informed that the program would stop existing because the owner was kicked out...
It's in this context that I stumbled upon crypto faucets and I was literally amazed that it was possible to send value to another wallet without any intermediary. I could send some sats to a guy in south America and at that time it wouldn't cost anything and it was very fast. This is what I had been waiting for and this is what Erik Voorhees calls permissionless transactions.
Do you realize that maybe a part from cash, it's virtually impossible to send money to somebody without a third party authorizing your transaction? Be it a bank, a card provider or even the authorities. In addition to that, these transactions are never free.
If you behave well, the permissions to get and send money will be given. But what if you breach a TOS without realizing it? Or, if you do something that others don't appreciate? This permission can be taken away and you end up without a possibility to get or to send money. Virtually, this could be a death sentence. If you can't buy any goods to survive anymore. What will you do?
Thanks to crypto, we have this alternative to be able to send and receive money without an intermediary and without permission from a third party. In my opinion, this is why we need crypto and why crypto isn't just resumed by it's value in fiat currency.
Hive the door to freedom
Among all the blockchains out there and I stumbled on many of them, I was stuck with Hive. Hive in my opinion embodies this liberty. Our names are our wallet addresses. We can send funds very easily, for free and within 3 seconds to the other side of the world. In addition to that, on Hive I can actually earn money and I even have a savings account that allows me to multiply my earned tokens.
Hive is not just a white paper with wonderful ideas on it. Hive works already and I can do almost everything that I want with my wallet. Not everything is perfect and we need to improve the tools around this chain. However, I believe that Hive is already a great way to transact without permission and in a manner that gives us a certain freedom and independece.
Let's connect ! You can find me on these platforms:
