Stimulus Payments - How Much Went Into Bitcoin?  

What About Altcoins? Surprising Results 

Last year, we saw governments across the globe dole out billions of dollars to their citizens in an attempt to offset some of the economic impacts of the pandemic lockdowns. While that money was intended for food and rent, some of it managed to find its way into the crypto market. 

This has led many to wonder just how big of an impact all those stimulus checks, otherwise labeled Economic Impact Payments (EIP), have had on the crypto market. The United States Federal Reserve has also been wondering the same thing, so they recently published a study with surprising results and even more surprising regulatory recommendations. 

The study was conducted by the Federal Reserve Bank Of Cleveland, specifically, which is one of the 12 Regional Banks which collectively make up the Federal Reserve System in the United States. The Federal Reserve is the privately held independent entity within the US government which issues federal reserve notes, also known as US Dollars. 

 The Federal Reserve Bank of Cleveland differs from the other Fed branches in that it is the only one that handles collections for the US Department of the treasury. In other words, they provide the payment system that the US government uses to collect taxes and pay back government debt. This seems to include any payments made by individuals or institutions to the US government. 

The Federal Reserve Bank of Cleveland also supports the treasury's objective of expanding the use of digital products and payment services across the federal government, as quoted on their website. It’s not surprising that many of its constituents are interested in crypto. Two of them recently released the study, Uncovering Retail Trading in Bitcoin the Impact of COVID-19 Stimulus Checks. 

In contrast to academic studies, this Fed study is technically a working paper that is circulated among all Federal Reserve officials to discuss, according to the second page of the paper. So with all this context in mind, let's take a look.

First Section Of The Study

The first section of the Fed's stimulus study lays the groundwork for the entire paper. It starts by noting that the Fed was inspired to analyze the effects of stimulus checks on the crypto market after data released by Coinbase, CEO Brian Armstrong in mid-April of 2020, featuring an image which shows that there's a massive spike in buy orders and deposits on Coinbase in the $1,200 range. 

Who Was Eligible?

As explained in the second section of the Fed study, every adult in the United States that earns less than $75K per year was eligible to receive a no-strings-attached stimulus payment for $1,200. Those making between $75K and $99K per year were still eligible to receive some, but this amount approaches zero as their income approaches the upper-income limit.

Given that the median salary in the United States is only around $36k, the vast majority of adults were eligible to receive some helicopter money, and seven out of ten received their Economic Impact Payment (EIP) by the end of May 2020. 

This totaled nearly $270 billion, which was just 10% of the over $2 trillion the CARES Act eventually pumped into the US economy. Around that time, both the stock market and the crypto Market accelerated their recoveries from the massive crash in early March, which is believed to have been caused by the World Health Organization's announcement that a pandemic was indeed upon us.

Interestingly, the rally out of the slump began long before the EIPs started being sent out. The Fed believes that the mere announcement of monetary measures was enough to jump-start the recovery in asset markets. Although there have been two more rounds of stimulus payments since last year, the Fed's working paper only focuses on the first round of stimulus, which went out in March of 2020.

 

Methods Used To Determine Effect

The third section of the FED study details the methods they used to determine how much of an effect the stimulus checks from last spring had on the price of Bitcoin. First, the Fed took trading data from Kaiko, a crypto data research company, about BTC buy orders on 26 cryptocurrency exchanges between January 1st and June 5th, 2020. Then they identified any buy orders at the $1,200 range and divided the initial time frame into two periods, January 1st to April 9th, and April 9th to June 5th.

They did this because the first round of stimulus checks was sent out on April 9th, and the remainder were distributed in the weeks that followed. Logically, the Fed predicted that there would be more $1,200 BTC buy orders between April and June than between January and April. The number of these orders could then estimate how much of that money was invested into Bitcoin. 

It stands to reason there are many confounding variables like multiple price points besides the $1200, where retail investors only invested a portion of their stimulus checks. They pointed out people with children are unlikely to invest in speculative assets. They highlighted the fact that most cryptocurrency investors tend to be young and single, among other variables. Still, overall the Fed actually did a pretty good job of accounting for most of them. 

 

Significant Findings

The 4th, 5th, and 6th sections of the Fed study reveal results for their various hypotheses in detail; however, how the last findings related to the impact of the EIPs on the price of Bitcoin are nowhere close to the magnitude that you'd expect. Of the nearly 270 billion dollars of stimulus money sent out to Americans, only about $58 million found its way into Bitcoin between April 9th and June 5th. 

Now, this might sound like a lot, but it's barely enough to push up the price of BTC by 5% on a single cryptocurrency exchange, much less the entire crypto market. According to the Fed, stimulus payments only accounted for 3.8% of BTC trades by number and 0.7% of trades by value during that time. 

In terms of the actual price, all the buy orders they analyzed, $1200, $1000, $600, $500, and $100, only managed to push up the price of Bitcoin by 0.22% between April 9th and June 5th. When you isolate the $1,200 payments, that BTC price pump drops to just 0.05%. So it just goes to show you that there are much bigger things that move the crypto market.

 

The Main Takeaways

The last section of the Fed’s stimulus study lays out a few conclusions and some regulatory recommendations for future stimulus programs. The main takeaway is that only 0.02% of all stimulus checks were spent on bitcoin: Ascertaining that,

“Policymakers should not be concerned about money being diverted to cryptocurrency markets when considering similar economic relief programs in the future.” 

It’s good news they came to this conclusion, but these findings are only pertaining to BTC. Bitcoin is just one of many cryptocurrencies that make up the crypto market and, these days, doesn't account for the majority share by market cap. 

 

What About Altcoins? 

It's possible that some of last year's stimulus money ended up in altcoins, and arguably the amount is probably more significant than the $58 million that went into Bitcoin. Considerable evidence for this is a study conducted by Coinbase in May 2020 which found that 40% of retail investors buy altcoins instead of Bitcoin, and more than half of those who purchase Bitcoin buy altcoins eventually. 

As shown in the chart above, the Coinbase study indicates a whopping 76% of crypto investors ultimately put their money into altcoins. Unlike BTC, which requires tens of millions of dollars to change its price on any given day, it’s often the case that even just a few hundred thousand dollars is more than enough to move an altcoin up or down by double-digit percentages. 

Bitcoin does carry the flag for the crypto space universally, as the store of value for all cryptos, much like gold was when it backed fiat currency. However, although some retail investors cut their teeth with Bitcoin, they are branching into other assets with prominent use-cases that provide differentiated services. 

Therefore stimulus-driven investing could have had a significant impact on the price of select altcoins while having a negligible effect on Bitcoins price. Cardano’s ADA has soared over the past few months, holding firm in the dip of many cryptos, including Bitcoin. 

Further evidence for stimulus-driven altcoin investing was the Bitcoin dominance chart when there was a significant dip in Bitcoin dominance in April, which is precisely when the bulk of those stimulus payments were sent out. 

Correlation certainly doesn't equal causation, but it's pretty clear that the average retail investor of today realizes the importance and utility some altcoins have with emerging technology, providing much-needed solutions to issues that have arisen within the industry and externally. 

Of all the crypto reports and studies out there, this one is probably the most significant. Besides the fact that the United States Federal Reserve conducted it, it underscores just how small of an effect retail money has on the price of Bitcoin. To move a trillion-dollar asset, you need trillions of dollars, and that's something the average person doesn't have. 

There are golden opportunities in the altcoin market the average retail investor can afford. When you think about the billions of people on social media and the swarms of digital media, marketing, and advertising on the internet, a decentralized blockchain project in this space is the ticket and answer to the social and financial issues experienced in today’s climate. 

 

Markethive - The Answer

With crypto smarts and not-so-crypto-savvy, many retail investors are coming to Markethive and supporting the social media and digital marketing network. Why? Because they are looking for a platform that promotes freedom and sovereignty. A place where entrepreneurs can flourish professionally, artistically, and financially, away from the pressures of the legacy Web 2 tech giants. 

Never before has a blockchain crypto project been attempted at this scale, but given the distributed data technology Markethive is integrating, it’s the next step in the evolution of multi-dimensional social media, marketing, and advertising. 

Markethive’s Hivecoin is one of the select altcoins that will rise and empower the retail investor. Its use case is the pinnacle and essential for this fungible asset coin to become very valuable to any user in the social media, marketing, and digital media industry. 

The various ways to earn Hivecoin, including airdrops, bounties, and staking capabilities, make it easy to accumulate and grow your portfolio. The added advantage of Markethive’s decentralized exchange and wallet soon to be released creates a robust, thriving ecosystem for the average Jack and Jill - The aspiring entrepreneur and retail investor. 

 

 

 

 

Stimulus Payments - How Much Went Into Bitcoin?: Stimulus Payments - How Much Went Into Bitcoin?   ...

BLOCKCHAIN CONSOLIDATION AMPLIFIES CARDANO'S PRESENCE ON A GLOBAL SCALE

MARKETHIVE BLOCKCHAIN  AND CARDANO’S PRESENCE ON A GLOBAL SCALE

While the Markethive Social Market Network continues to work very closely with Cardano with its integration to the Cardano Blockchain, a lot is happening with the many other facets of Cardano and IOG to further establish their presence in this evolving world of technology. Its technology can assist in a new redistribution of power and give people greater freedom, bringing the world together with a more equitable landscape. 

As we anticipate the imminent rollout of Markethive’s multifunction news feed interface, gamification platform, and migration to the Cardano blockchain, I will outline some of the amazing initiatives IOG has set into motion; with the announcement of a historical event and the recognition, Cardano has received of late. This is all wonderfully exciting news putting Cardano at the forefront as one of the fastest-growing, most stable, most mature, and systematic cryptocurrency projects.

 

What Is IOG? 

Input Output Global, otherwise known as Input Output Hong Kong (IOHK), is a research and development company committed to using the peer-to-peer innovations of blockchain to build accessible financial services for all. The company was founded in 2015 by Charles Hoskinson and Jeremy Wood. IOHK is an engineering company that builds cryptocurrencies and blockchains for academic institutions, government entities, and corporations for the Cardano blockchain.

The first is the Alonzo project, which is essential for Markethive’s smart contracts and many other companies committed to utilizing Cardano services.

 

The Alonzo Roadmap

The Alonzo roadmap consists of a testnet and is essential for implementing smart contracts on the Cardano blockchain. The different stages of the Alonzo roadmap are color-coded, with Alonzo Blue being the first testnet phase. The initial phase has been deemed very successful, and the Alonzo White phase is set to run by this coming week. 

This stage allows a broader net of testers with the overall goal to integrate the off-chain components within the new stable environment, including the wallet backend. This will also enable partners to test their scripts in a live setting and run for approximately two to four weeks.

Alonzo Purple is the third main stage before the main net when the testnet becomes public. All pioneers and partners start working on their projects, so there will be a step up in users from every stakeholder group load testing the network. This will also see the integration of Daedalus flight wallet and the big exchanges. 

Alonzo Red and Black are a minor factor and can be summarized as a “tidying up” of everything before the mainnet launch. IOG is close to the hard fork combinator at this stage, bringing the Goguen smart contract phase to Cardano.

There's enormous commercial interest, traction, and community effort with Cardano and evident with Alonso Blue, soon to be White. It is also evident with independent projects and how fast they're moving. 

With the launch of Mary earlier this year, Cardano already has enormous traction with tens of thousands of NFT assets issued, worth over $10 million that have been sold. It also brings native assets to the Cardano test network and allows developers to create custom tokens or migrate unique existing projects to Cardano like Markethive Hivecoin and SingularityNET AGIX and are very much aligned with Cardano and Charles Hoskinson’s long-term vision.

 

Charles Hoskinson Meet Grace 

Singularity.net is a decentralized global AI marketplace and, together with Hanson Robotics, has created a platform where the world of biotech meets that of AI and robotics. Their vision is to facilitate human-like robots as medical assistants to meet patient health care needs initially in aged care—the Awakening.Health project is on a mission to cure the pains of the medical system and deliver services at a low cost, and helping patients worldwide. 

Meet Grace, the medical assistant robot; she is named Grace as it means Divine assistance given to humans for their regeneration or sanctification. Watch the video below. 

SingularityNET is also working in Africa to leverage advanced technologies such as AI, blockchain, and machine learning to support African scientists and technologists. 

So there is simply no end to Cardano’s technology and scope, and ability to integrate all aspects of life. Cardano has also seen a tripling in the population size of the community network since last year and a lot of value accumulation as well. Cardano is the number one stake network in the entire cryptocurrency space, with a lot of excitement, activity, and genuine interest in the overall mission of Cardano. 

 

ADA Welcomed By Grayscales

There is also a lot of institutional interest, and recently Grayscale Investments, the world’s largest crypto asset manager, added Cardano’s ADA to their Grayscale Digital Large Cap Fund portfolio. 

According to this report, Grayscale has adjusted the Fund’s portfolio by selling specific amounts of the existing Fund Components in proportion to their respective weightings and using the cash proceeds to purchase Cardano (ADA). This makes ADA the third-largest crypto holding behind Bitcoin and Ethereum.

 

Vision For Africa Making Headway

Charles Hoskinson’s vision for Africa is making headway with the recent announcement of a historic deal with the government of Ethiopia to bring 5 million young Africans to the Cardano blockchain. This is the most extensive blockchain deployment globally that will give a digital identity to students and teachers. 

Cardano’s technology and Atala PRISM will create a national attainment recording system to verify grades, monitor school performance, and boost nationwide education. This is done by the Atala PRISM decentralized identifiers, or the DID identity solution. 

Atala PRISM is a decentralized identity solution that enables millions of people to own their personal data. Allowing individuals to interact with organizations seamlessly, privately, and securely. It is the key to powering the ‘trust economy’ globally and was developed by Input Output for Cardano.

World Mobile And Cardano

World Mobile’s vision for Africa also aligns with Cardano’s mission: to bank the unbanked. However, first, they must connect the unconnected, which is what World Mobile is doing.

A recently announced partnership between Cardano and World Mobile will lay the infrastructure foundations for a connected Africa, focusing on remote and hard-to-reach areas.  So everyone gets an equal chance to access data services, no matter where they live.  

They are starting with 100k new users in Zanzibar and Tanzania. Also, Atala PRISM identity integration to Cardano means plugging every new mobile user into Cardano, giving them a digital identity, and offering access to insurance, micro-loans, and a host of new services. Cardano will be providing real Defi for real people or, as they like to call it - “RealFi.” 

These events are just the tip of the iceberg and the revolutionary first steps in delivering the all-encompassing strategy for #CardanoAfrica.

The next few months will be exciting as Cardano systematically goes through the Alonzo rainbow leading to the hard fork combinator event. There will be a lot of apps on the network and growing to a vast, vibrant ecosystem. 

 

All Is Taking Shape; Now It’s Up To Us - We The People 

Nearly three decades ago, the Internet enabled us to improve our lives with the availability and accessibility of information; however, it’s had its problems. As a result, tech giants have enormous power today where we have had to trust these companies leading to abuse of that trust.

Blockchain technology projects like Cardano and the Markethive social market network will bring a new wave of technological disruption on the trust level. They are helping to solve the issues we have in social media and the legacy financial system today. 

The technological revolution will redefine the social contract. It happened with the introduction of the internet, and now it’s happening again because of blockchain. It will give people more power and control over their lives.

Technology is the tool that needs to be adopted by the people. For things to change, the revolution must take place at the social level. Technology alone will not bring about change in society for us. 

All who see the bigger picture of what Cardano and Markethive and many other collaborating partners are doing to connect and unite the world, decentralizing and offering financial, self-sovereignty, and identity, will join us in creating a force for good, liberty, and freedom. 

 

 

 

Written by Deb Williams
Chief Editor and writer for Markethive.com, the social, market, broadcasting network. An avid supporter of blockchain technology and cryptocurrency. I thrive on progress and champion freedom of speech and sovereignty.  I embrace "Change" with a passion, and my purpose in life is to enlighten people en masse, accept and move forward with enthusiasm.

 

BLOCKCHAIN CONSOLIDATION AMPLIFIES CARDANO'S PRESENCE ON A GLOBAL SCALE: MARKETHIVE BLOCKCHAIN  AND CARDANO’S PRESENCE ON A GLOBAL SCALE ...

The Humanistic Values Of Cardano And Markethive - A Divine Synergism

Cardano and Markethive - Two systems of the next generation on the rise, making their mark on so many levels. They will eclipse big tech disrupting the monopolizing status quo that the populace has come to accept and is part of their daily lives. As the monopolies conspire on who or what they will boycott or cancel out next, Markethive and Cardano have secured themselves in a position where the oligarchs cannot manipulate them. 

Markethive, the social market network, and Cardano, the blockchain technology company, are congruent in many areas. Apart from both being blockchain projects, the spiritual, humanitarian aspect is a major common denominator with the synergistic purpose of manifesting personal and financial sovereignty, delivering freedom and connectivity to emerging countries, aligning them globally.   

The blockchain projects and cryptocurrencies that have endured the “crypto winter” of 2018/19 are not the scams associated with the industry’s early days and are now positioning themselves to deliver ecosystems that are unique and evolutionary. 

Both Cardano and Markethive have watched other blockchain projects follow the more Silicon Valley approach of “move fast and break things,” resulting in subsequent issues with security and scalability. Cardano’s prominent team has taken a notably academic and philosophical approach publishing 102 peer-reviewed papers, and Markethive’s approach is an innovative, holistic and evolutionary one. 

Both companies are of Divine inspiration and a massive undertaking building a solid foundation for the sustainable long-term growth of sovereign ecosystems empowering societies bringing the people of the world together equitably. 

CARDANO ECOSYSTEM - Crypto ADA
Blockchain And Defi Network

Cardano is wholly human-centered, with its ultimate mission to bring innovation and scientific-based technology, creating an ecosystem that is balanced, sustainable, and focused on the needs of its users. With the numerous applications Blockchain has, Cardano’s decentralized technology enables digital payments, smart contracts, food traceability, etc., all the technology necessary for systematic change. 

One of the aspects that the Founder and CEO of Cardano, Charles Hoskinson, is passionate about is using Cardano to unleash the potential of people in emerging countries. There are approximately 3 billion people “unbanked” who cannot access the infrastructures and institutions many of us take for granted. 

Cardano is taking its decentralized technology beyond Africa into other developing countries of South America and Asia in the food supply chain and Defi (Decentralized Finance). Charles says this technology has no owner and no central point of failure, and no one in control. Instead, it is a global infrastructure that uses the same infrastructure no matter how rich or poor you are.

A peer-to-peer lending protocol is one project of Cardano that will see a merger of markets in Ethiopia and other places with Defi. Micro banks cater to people with no bank accounts but are internet-enabled with increasing access to smartphones, building wealth, and desperately needing to globalize. 

Companies and individuals that get into this Defi ecosystem are the first movers in these marketplaces that will enable Africa and other places to grow and thrive in this new economy that is honest, fair, and transparent. A soulful Charles Hoskinson explains more in the video below.   

Decentralization With Good Governance

Blockchain is the enabling technology, but decentralization is the movement. Cardano is aiming to be the most decentralized platform in the world and is achieving its goal. It’s currently ranked number 5 on coinmarketcap.com and 71% of Cardano’s ADA token in circulation, with a total market capitalization of $38.7 billion at the time of this writing. 

Cardano has launched support for smart contracts as part of its ‘Goguen’ era, a time when decentralization and solutions to increase trust have ostensibly never been more crucial in modern history.

One of the reasons Charles Hoskinson ceased to work with Ethereum was a dispute over its governance structure. Cardano’s framework intends to - marginalize none and give power to all - through a system that incentivizes participation by individuals, and votes are immutably recorded. Hoskinson has prominently said that Cardano “will be 100 times more decentralized than Bitcoin.” 

Charles Hoskinson doesn’t dwell on price or get caught up in the short term. He says it’s more to do with the principles, vision, and a high-level goal to move from high-level to something to create real value for your token. If you have that, then the price works itself out. 

As Charles Hoskinson stated,

“There is a higher purpose and more meaning than digits on a computer screen. All we need to do is grow up and realize this is bigger than our egos and bigger than our wallets.”

 

 

MARKETHIVE - Ecosystem For Entrepreneurs - Crypto MHV
Sovereign Social Media & Broadcasting Market Network 

Markethive is committed to uplift our expanding community and bring forth the entrepreneurial spirit within each individual. Markethive is the ultimate market network, a complete ecosystem for Entrepreneurs leading the curve with Blockchain technology and cryptocurrency, making it a viable ecosystem that will survive the current and depreciating world economy. 

The Markethive platform is not only a forum for free speech on a social media front but also inbound marketing, saas, blogging, email, video, and media broadcasting network built on Blockchain with its consumer cryptocurrency coin (MHV). 

Wholly independent, the monolithic Markethive Network encompasses all facets of social media, inbound marketing, and digital media, making it the only platform to fully embrace an attainable sovereign income for all associates, particularly those in developing countries. 

As the Markethive community grows, we see an influx of souls from all walks of life experiencing the latest aftermath of a declining economy in the so-called “real world” of governments and bureaucracy. 

 

A True Decentralized Social Network

Markethive is a global company that caters to everyone. We are not specific to any national identity. We have no agenda, no left or right that invokes radicalization. Markethive is a meritocracy whose heart and soul are freedom, liberty, financial sovereignty, and entrepreneurialism. 

Markethive is unique with its cottage industry concept and driven by two engines that work simultaneously, bringing in the masses who aspire to be entrepreneurial and out from under the tyrannical pressures. Markethive runs on a decentralized network and is expanding continuously, facilitated by a dedicated team of engineers with CTO, Douglas Yates at the helm. 

With Markethive’s migration to the Cardano blockchain, we’ll soon see the release of the Markethive multi-dimensional wallet and MHV listed on significant coin exchanges. Then we’ll see the floodgates open. 

All the while, Markethive’s focus is to stay at the forefront of emerging technology, introducing unique and better solutions, enhancing all users’ experience, and who are the lifeblood of our entrepreneurial infrastructure. Markethive’s goal is to enrich the lives of people and humanity on every level. 

Just like Cardano, where the community will direct governance, Markethive is for the people, built by the people and of the people. This rules out the inequitable and autocratic power of the few at the top and cultivates a harmonious, more transparent environment.  

Founder and CEO of Markethive, Thomas Prendergast said,

“I got goosebumps when I became aware that Charles Hoskinson of Cardano’s passion was to bring economic sanity, stability, and entrepreneurial wealth to Africa. That is our calling too! Markethive is a mighty light on the mountain attracting the multitudes, the millions into our city to prepare for financial sovereignty and be free in this world of suppression and authoritarianism.” 

 

Creating And Facilitating Change In The World

Markethive and Cardano are here to create change, revive humanitarian values, working in synergy for all to have the freedom and autonomy to realize the goals, dreams, and life purpose of all individuals globally. The freedom to deviate from being just a cog in the wheel, to work, and be part of the legacy that has indoctrinated us from a young age and enslaved us to the system that looks at people as commodities and a lifestyle viewed as safe and predictable, but in essence, is restricted and soul-crushing. 

The world has changed, and the point of this technology is to change how society, organizations, and companies work. How we think and make decisions, what we value, to enable people to monetize things they never thought were monetizable. 

Cardano’s blockchain can facilitate Markethive in building distributed database clouds that are controlled by the blockchain. This will enable us to develop and issue downloadable wallets apart from the exchange wallet that will be made available as the first of Markethive’s wallet integration. 

It will also give us the ability to produce the type of blockchain that no social network has achieved; simply because social media platforms have so much data in terms of video, images, and content, previous blockchain generations can’t accommodate. 

You could fundamentally change the incentives behind passions and give people the means they need to pursue the things they love. What Markethive and Cardano are fundamentally doing is allowing the broader community to wake up every day and autonomously work for a cryptocurrency, knowing you are part of something much bigger where every individual can attain freedom of expression and financial sovereignty.

People are paid to have opinions and their passions, whatever they might be; art, psychology, science, engineering, writing, or marketing, to name a few, now have the opportunity with the systems Cardano is constructing. The many diverse platforms, hubs, and portals Markethive has and will be integrating bring your work or passion to the forefront in a liberated and equitable online world. This is the mandate of Charles Hoskinson of Cardano and Thomas Prendergast of Markethive to change the world. A match made in Heaven.  

 

Written by Deb Williams
Chief Editor and writer for Markethive.com, the social, market, broadcasting network. An avid supporter of blockchain technology and cryptocurrency. I thrive on progress and champion freedom of speech and sovereignty.  I embrace "Change" with a passion, and my purpose in life is to enlighten people en masse, accept and move forward with enthusiasm.

 

 

The Humanistic Values Of Cardano And Markethive - A Divine Synergism: The Humanistic Values Of Cardano And Markethive - A Divine Synergism ...

MARKETHIVE - A STEP AHEAD OF TYRANNICAL BIG TECH

 

MARKETHIVE - A STEP AHEAD OF TYRANNICAL BIG TECH 

It’s never been as critical as it is right now to separate ourselves from the tech oligarchs and their mandate to absolutely suppress our freedom of speech, destroying our brands, livelihoods, and online relationships. 

The tech giants’ attempts to do this are blatant tyranny. Although they may think by keeping the truth from us by banning accounts and censoring whatever they believe is against their guidelines, they will not win this war against humanity or even survive.

Twitter has purged hundreds of thousands of users’ on their platform, and yesterday I was disabled from using my upgraded account on Vimeo. I must say, though, it’s very arrogant of these tyrants to ban the POTUS; 

A president elected by tens of millions of people at the behest of some un-elected no-name sitting in their social media corporate office makes judgments and decisions about who can post and what the people can and cannot see. 

 

 

Too Big For Their Boots

In my opinion, in just one of the recent big tech tyranny events, is Twitter’s biggest mistake was to ban President Trump’s personal account permanently and, subsequently, the official POTUS Team account. 

In the past few days, more social media platforms have taken action, which is unprecedented, to silence the president of the U.S. in the wake of the violence at Capitol Hill, Washington D.C., for which he is being blamed. Twitter allegedly banned him for "inciting violence,” even though all he ever did on the day was tell protesters to go home in a peaceful manner. 

Even President Trump's email service banned him from sending emails to his millions of supporters. And Mozilla, the owner of the internet browser Firefox, vowed to take action against President Trump and his allies.

Under Biden’s administration, these tech giants believe there will be no repercussion, legal or otherwise, and they will continue to silence what they consider is dissent and now being called domestic terrorism. Historically, they have always silenced the differing opinions of ordinary people and shut them down.

It wasn’t that long ago, Facebook and YouTube banned anything relating to cryptocurrency, resulting in people losing their branding and income. Although they have since reinstated crypto content, the damage has already been done in many cases. 

We see a little retribution, though; According to Markets Insider, the Trump-ban fallout has spooked tech investors, and Facebook had $34 billion erased from their market cap. Twitter also underperformed, losing $5 billion in Market value amid the broad market slump as investors continue to balk at the platform’s ban of the US president. 

 

The Tyrannical Take Over

The ongoing restrictions brought about by what seems to be a never-ending pandemic will be with us forever, if the globalists get their way, as a form of control that has already created a society of a derisive and divisive culture worldwide. Many are home-bound, and therefore social and digital media are the primary mediums for keeping in touch, staying informed, and running businesses in many cases.

Not only do we have the social media oligarchs wielding their oppressive power, we now have our main internet servers (Amazon AWS) suspending their service to newer freedom of speech platforms, as is the case with Parler. 

Apple and Google Play stores have delisted Parler’s free speech App, completely silencing millions of free-thinking and fundamentally peaceful people. It is noteworthy that Parler is purported to be a predominately conservative platform.

They’ve Crossed The Line

The whole world is up in arms about free speech confiscation, including many politicians of other countries, both right and left. 

Now is the time to speak up and stand up for what you believe. Given these Silicon Valley companies’ history, they are not just going after the conservatives; they’ll end up coming for us too.   

The oligarchs of social media are creating their demise. They seem to have forgotten that they need us more than we need them. We can bypass their wicked tyranny and strong-arm tactics. 

Unfortunately, Parler got sucker-punched by AWS because they didn’t consider the vulnerabilities their foundation and infrastructure had by contracting the monopoly’s services that clearly has a questionable agenda. 

GAB Social was also offline for a week when GoDaddy.com, who was hosting them, denied access to its servers. According to the founder of GAB, Andrew Torba, the platform is no longer at risk because it now independently hosts its own servers. 

Time To Take Back Our Power 

Markethive, the Social Market Network and Ecosystem for Entrepreneurs, has also removed itself from the tech oligarch’s services and as stated by the CEO and founder of Markethive, Thomas Prendergast, 

“In these challenging days of darkness and political upheaval teetering on war, Markethive is becoming even more of a light in the darkness of this world.

Markethive has left the giant tech services that have shown themselves to be wicked tyrants and are now wrapping up our own cloud server system(s) be distributed on sovereign lands around the world. This is being done to ensure Markethive stays a bastion of freedom, liberty, and economic sovereignty.”

The Markethive platform is not only a forum for free speech on a social media front, but also inbound marketing, saas, blogging, email, video, and media broadcasting network built on Blockchain with its consumer cryptocurrency coin (MHV). Wholly independent and the next generation of social market media.

It’s fundamentally a cottage industry ecosystem for entrepreneurs, businesses, politicians, artists, anyone who is sick and tired of the restraints, data harvesting, surveilling monopolies of silicon valley clearly in bed with the elitist left.

Markethive is an international company that represents everyone. We are not specific to any national identity. We have no agenda. Markethive’s heart and soul is freedom, liberty, financial sovereignty, and entrepreneurialism. 

Very soon, Markethive will have four newsfeed channels;

• The main social newsfeed (Buzzfeed)
• The blog newsfeed
• The curation newsfeed
• The video channel newsfeed. 

All four channels will have the functionality, similar to a Twitter feed, along with the benefit of remotely posting and sharing your content on many other media sites on the internet. A unique function, resulting in an increased reach and brand exposure, enables you to get your word out to millions without the fear of being shut down. And this is just the tip of the iceberg. 

 

What’s The Next Step For Markethive? 

With the inception of Markethive sovereign cloud systems, this next tech giant embarks on distributed mining hives, a divine vision and architecturally conceptualized by founder Thomas Prendergast. 

Markethive’s Cultivation & Mining is a self-sustaining, symbiotic hemp/cannabis growing operation and full mining operation.  Each is supporting the process of each. Mining produces heat; greenhouses consume heat. Thus, it reduces the highest cost of greenhouses by using heat from mining data center operation and the most significant cooling and power generation cost. This is accomplished by integrating existing technology and proprietary licensed technology to create a self-sustaining operation.

Complete ecosystems can be created and run on Crypto, giving the power and chance of financial freedom to everyone that participates. Mass adoption is imminent, and with the power of crypto exchanges, I see the strong cryptocurrencies all interrelated.

Markethive.com is an entity unto itself with the multi-dimensional wallet app’s development for MHV and other strong cryptos for liquidity, messaging, along with its cloud systems and distributed database. 

Combined with a plethora of mining hives globally that create massive surplus electricity built on a total 100% green energy that supports the core distributed decentralized data-based systems using dWave or quantum computers which utilizes the advanced theoretical technology of multiple parallel universes. 

That core of decentralized dWave database systems has a matrix/network of the Blockchain around it. Monitoring, securing, and facilitating the massive database system.

Markethive Is Delivering

Markethive delivers a dynamic social network, integrated with Inbound Marketing (SAAS), numerous commerce platforms, multiple traffic portals, all built on the blockchain, and provides a complete Ecosystem for Entrepreneurs. 

Using the latest technology provides privacy, security, and prosperous solutions for all business owners, marketers who require an online presence. It is a secure private system that does not leverage, steal, or track you. You can simply use it just like a social network, or you can command it to build an empire.

People will come to realize that there is a benevolent company, culture, and system that will give them what they need to achieve financial sovereignty and freedom of speech such as Markethive; meaning, we are not dependent upon governments or economic structures that oppress communities and society in general. 

Markethive’s growth will be exponential and lead us to 1000’s of hybrid hive farms cultivating Medicinal Marijuana and generating or mining coins. 

The coin is produced to give an incentive to join Markethive; to reward and pay users for all engagement. Markethive is not using the coin to raise money. It's also not speculative but has the ability and potential to become very valuable due to many products and services that are in high demand. 

So pump and dumps won't affect the company or its revenue. They're not dependent upon speculation of their coin. They are dependent upon delivering services and products people want, whether the coin is up or down, which will increase the value and create the right velocity of the coin despite the markets. 

Underpinned by mining hives that will drive the coins (MHV) along with all the products and features the system offers, which is the lifeblood to Entrepreneurs.

Markethive is not funded by big venture capitalists or corporations. It is for the people, by the people, and of the people who stand for truth, liberty, and freedom. 

God has giants' in the wings that will rise up and eclipse these tyrannical systems trying to control us, and Markethive is destined to be one of them. Stay tuned as we move forward with this history-making endeavor to uphold freedom, peace of mind, and sovereignty in these critical times.

To learn more, join for free  @Markethive - Ecosystem For Entrepreneurs

 

Written by Deb Williams
Chief Editor and writer for Markethive.com, the social, market, broadcasting network. An avid supporter of blockchain technology and cryptocurrency. I thrive on progress and champion freedom of speech and sovereignty.  I embrace "Change" with a passion, and my purpose in life is to enlighten people en masse, accept and move forward with enthusiasm.

The Future Of Online Marketing and Social Networking - MARKETHIVE

What Is Markethive?

Markethive is a Market Network, a hybrid: part social network, part marketplace, part SaaS with a News and Press Release Site built in. 

• Social Network. An online service or site comprised of a connected interpersonal network of individuals, such as friends, acquaintances, and coworkers. Social networks are designed to connect people with others who are a part of the network. This environment nurtures the building of relationships, providing the necessary stepping stones for the growth of “virtual online communities”. Social networking websites offer the ability to stay connected with existing friends, plus opportunities to meet new people.
  
  Think of a social network as a dedicated website or other application that enables users to communicate with each other by posting information, comments, messages, images, etc. Think of a social network as a 360-degree spherical connection where individuals can share personal information with others in their own network. Some networks even offer private messaging services to provide the ability for real-time communication between members or the ability to leave messages privately.
  
  As a general rule social networks are not particularly business-oriented or commerce-friendly by design.
  
• Marketplace. The term market comes from the Latin Mercatus ("market place"). A marketplace is a location where people regularly gather for the purchase and sale of goods and services. Marketplaces allow for transactions between multiple buyers as well as multiple sellers. A marketplace is an arena of competitive or commercial dealings; the world of trade.
  
  Fast forward to the realm of the Internet of Things (IoT), and now a marketplace is more commonly seen and represented as highly accessible, streamlined commercial transactions being conducted electronically on the Internet, with an outreach that has no boundaries or limits.
  
  An online marketplace literally has the ability to expand the borders of even a local business to that of a nationwide outreach, or even worldwide exposure. With the advent of computers, the internet and networking, anyone can do business 24/7 from the comfort of their home or from anywhere, provided they have a computer, laptop, tablet, SmartPhone, and WiFi.
  
• SaaS Tool. SaaS tools are for making your job easier. SaaS is the modern way to run the software and integrated tools to enhance, leverage and assist the subscribers’ success to achieve targeted goals within the construct of a particular sphere. Software as a service is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. It is sometimes referred to as "on-demand software”. Reduces complexity, helps to keep pace with innovation, and provides access to experts for support to provide a clear path for your day-to-day tasks and projects.
  
  One of the most popular forms of cloud computing is SaaS, defined as a software distribution model in which a service provider hosts applications for customers and makes them available to these customers via the internet. The era of installing software from a CD or from a data center’s server is coming to a close, as Internet-delivered software makes applications available anywhere, anytime.

Just as brick and mortar businesses have been and still are falling by the wayside to make room for much bigger and better ways in which to do business online without borders, traditional social networks will need to either evolve into being much more business- and commerce-friendly or get left behind.

Technology, Visionaries, Progress pave the way

In today's economic and technological cultures, what had been seen previously as traditional jobs and long-term employment are now things of the past. Statistics have shown that employees and laborers now work on average for only 4 years or less. More and more, the faces of this new paradigm shift are Entrepreneurs. Reid Hoffman founder of LinkedIn is quoted as saying, "All human beings are entrepreneurs."

Hence, the impetus for designing a platform that will ultimately create real Universal Income that is available for everyone. Essentially that means giving every single person, skilled or unskilled, an avenue and a purpose to get up in the morning and apply themselves every day where they will achieve an income that will grow and eventually give them the autonomy and financial success whether it be through a service they provide, a business they are marketing or a passion they are pursuing. Therefore not worrying or relying upon a job market that is in the decline, but looks forward to retirement and fulfillment on every level. 

It should be noted that Universal [basic] Income has become a new focus of elites, such as Elon Musk. However, this has a different meaning to what I’m talking about here. Although the reason for this topic does affect us which gives rise to the possibility where autonomy, time and financial freedom is an opportunity at hand with Markethive’s Universal Income. [and it’s far from “Basic”]

Attributes of a Successful Market Network.

If you recall from history, back in the days of the Gold Rush, it turned out to be those who provided the tools and resources for the miners who benefited the most financially.

In a Market Network, a many-to-many transaction pattern is key. A Market Network often starts by enhancing a network of professionals that exists offline. Many of them have probably been transacting with each other for years using various offline methods of doing business: phone calls, fax, checks, and overnight packages. When moving all these connections and transactions into software, the creation of a Market Network makes it much easier for professionals to operate their businesses and for clients to get far better service.

• Market Networks target more complex services. The highest value services are neither simple nor normally objectively judged. They can be more involved and longer term. Market Networks are designed for these types of services.
• People matter. A Market Network is designed to acknowledge that as a core tenet while providing the best possible solution.
• Collaboration happens around a project. The SaaS at the center of Market Networks focuses the action on a project that can take days, months or even years to complete.
• Market Networks help build long-term relationships. For years, social networks like LinkedIn and Facebook have helped build long-term relationships. However, until Market Networks, they hadn’t been used for commerce and transactions.
• Referrals flow freely. The Market Network software is designed to make referrals simple and more frequent.
• Market Networks increase transaction velocity and satisfaction. The Market Network grows the closing ratios on proposals and expedites the payment process. The software also raises customer satisfaction scores, reduces miscommunications, and makes the work appealing, with outstanding results.

Conclusion

Starting NOW, there will be many more forward-thinking entrepreneurs stepping forward, with their sights set upon creating increasingly innovative, highly synchronized business models and solutions to doing business in the 21st century and beyond. Those who will be most successful will not only keep up with the speed at which technology continues to change, but they will align themselves ahead of the curve at all times.

Markethive built on the Blockchain with its own coin has made this whole system immutable, transparent, private and autonomous. This is the next generation in Social and Market Media. 

The potential payoff is predicted to be huge. Market Networks like Markethive will have a massive positive impact on how millions of people work and live, and how hundreds of millions of people buy and sell better services. 

Published on Ethereum World News https://ethereumworldnews.com/the-future-of-online-marketing-and-social-networking-markethive/

Deb Williams
Market Manager for Markethive, a global Market Network, and Writer for the Crypto/Blockchain Industry. Also a strong advocate for technology, progress, and freedom of speech.  I embrace "Change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals.

Markethive , social network and inbound marketing system

Do you want to own a portion of Markethive?

Seriously, we have built Markethive to be member driven, not investor driven. Investor driven gives the benefits of the system to the venture capitalist and makes the user a commodity. We are focused on the alternate outcome, you having access to the major benefits in both the functions as well as the inevitable success.

We have made this possible by making one of the benefits of the Entrepreneur program an accrual of investments for you to earn back more than 100% of what you pay into it as shares in the revenue of Markethive.

So we have 2 revenue funding options within Markethive. The traditional crowdfunding using an ICO like system called the ILP. Frankly, the ILP is fair, legal and far more effective as it is based on the revenue of a successful company. So an investor can purchase an ILP or many ILPs that are now in phase 2 and selling for $15,000 per and each represents one share at a maximum of 1000 shares of 20% of Markethive’s revenue.

The Entrepreneur program gives you 8 solid advantages above the core of the system, the Inbound Marketing platform and social network.

The 8 points of upgrade

1. Profile Page turns into lead “associates” capture page
2. 100% matching bonus from the airdrops via your “associates”
3. 10% matching bonus from your direct “associates” upgrade
4. Loyalty Program 12 straight months, we contribute to you a full 10% ILP*
5. Unlimited Banner advertisement in all of our traffic portals
6. Equal share from Markethive’s co-op advertising
7. Traffic Portals seller classification
8. Receive their own ILP site receive matching ILP shadow shares

*This article is intended to concentrate on point 4, the transfer of revenue to you the small guy and gal. An easy entry to have possession  of what may become one of the best decisions of your life.

So...What if?

Marketo, a vertical Inbound Marketing platform alone (Not a Market Network) recently sold to Adobe for 4.75 billion dollars. Their platform is very similar to Markethives. Marketo delivers the following to their subscribers for a price range between $2k and $25k per month:

1. Email marketing
2. Landing pages and forms
3. Campaign management
4. Lead nurturing/scoring
5. Lead lifecycle management
6. CRM integration
7. Social marketing capabilities
8. Marketing analytics.

Markethive, an  Inbound Marketing Market Network offers an integrated Inbound Marketing platform that delivers the following for free and even pays incentives to use:

1. Email Marketing
2. Landing Pages
3. Campaign Management
4. Lead Nurturing and Scoring
5. Lead management
6. Customer management and calendaring actions
7. Social Marketing subscribing and broadcasting
8. Advanced tracking and marketing analytics
9. Building group collaborations
10. Internal focus groups
11. Paid to learn tutorials
12. Paid to build incentives

Like LinkedIn

Markethive also delivers many commerce portals all integrated within the social network and inbound marketing platform. Making the entire platform and profile pages more interactive and comprehensive in tracking, branding and building each subscribers profile superior to LinkedIns system, including but not limited to profiles with Blogs, videos and images but also resumes, endorsements and testimonials as well as social credit scoring, tracking and seo. All setable to private, or member only or public according to each subscribers wishes.

LinkedIn's last published quarterly revenue statement for 2016 showed earnings of 959 million dollars. If Markethive reaches 20% of that target (speculative $191,000,000.00) within 10 years, that will represent a monthly amount per MH ILP share of $63,000 per month per full share and $6,300.00 per month for a 1/10 of an ILP share. For at least 20 years per contract with each contract renewable and transferable.

If you project that number for 20 years the very real and attainable return could be rather incredible at $1,512,000. The is One million Five hundred twelve thousand dollars. And that includes all the other 7 upgraded services.
We are offering this deal of the century to the top active 1000 Markethive Entrepreneur upgrades. For just $100 per month.
Markethive is a commensurable dynamic integrated amalgamation of a social network like (Facebook, LinkedIn) and Inbound Marketing platforms like (Hubspot and Marketo) and commerce portals like (Ebay and Amazon) all in one incentivized, gamified and powerful secure blockchain platform.

Our selling platforms are vertical and we have many of them.

Right now we have 8 commerce type platforms on the list to be built. Here they are with a summary of their services and benefits:

1. Big Caboodle (http://bigcaboodle.com/)
   A Wix like page builder, were only Entrepreneur upgrades can sell the service and set the price and terms and keep all the revenue via a promo code. Imagine Wix combined with Facebook Groups so collaboration and sharing is integrated. That’s Big Caboodle.
2. Hive Room (http://hiveroom.com/)
   A web and app based conference room utilizing avatar options, payment transfers (think built in wallets), VOIP call in and call out during room broadcasting, live streaming to web pages, social networks and Smart TV Apps, white boards, web browsers and language translators. Only Entrepreneur upgrades can sell the service and set the price and terms and keep all the revenue.
3. About Bitcoin (http://aboutbitco.in/)
   A newsletter article site similar to “Cointegram” and “DailyHODL” were the cost to publish an article or Press Release runs from $150 to over $5000 depending on traffic, size of Twitter account, Telegram account and Youtube account. So totally depends on the Entrepreneur Upgrade members assets as well as Markethive’s to set price. Only Entrepreneur upgrades can sell the service and set the price and terms and keep all the revenue.
4. Beelancers (http://beelancers.com/)
   Anyone can come and buy services from Beelancers (very similar to Freelancers). Only Entrepreneur upgrades can sell. And it is up to the Entrepreneur on how the communications occurs or how and where the transactions are done or what is charged. It is a peer to peer system unlike any of the others.Being part of the Markethive social network, KYC,  transactions and work is validated, graded and publicly displayed.
5. Hive Broker (http://hivebroker.com/)
   A vertical talent portal for voice talent, video acting, imagineering, animation, copywriting, directing, producing and distribution. RE: Distribution Say you have a Youtube channel with 500,000 subscribers, you could set up an account here, get validated, and make your distribution available for sale. Only Entrepreneur upgrades can sell the service and set the price and terms and keep all the revenue.
6. Hive Tube (http://www.hive.tube/)
   Markethive’s video channel similar to Youtube. Advertising is only available through 2 channels. Entrepreneurs get exclusive banner ad placement and Entrepreneur upgrades can sell pre video 10 second ads leading into their own channels at their price and terms, peer to peer.
7. Markethive Exchange (markethive.exchange)
   Markethive’s public exchange will offer top 100 coins of the world and the top 20 paired to the Markethive coin. With the potential Wyoming legislation (Markethive is a Wyoming Corporation) coming, we are very likely to become a financial service offering USDA wired in, wired out and paired to top 10 of our coins for exchange and possibly our own stable coin too. Markethive membership and KYC verification is required to use the exchange. Entrepreneurs can initiate contests with a promo code type system.
8. Hive Stuff (http://hivestuff.com/)
   A premium fulfilment system, you can set up and choose Markethive premiums, like T-Shirts, Hats, Gold Coins, Hoodys, bumper stickers, etc. to run from your Wordpress or other sites as an incentive to join, etc. Only Entrepreneurs can access this system

$100 gets you all of this and a lot lot more. Exclusive wonderful amazing leads, state of the art inbound marketing tools, ecocentered traffic portals, and Markethive coins that can and most likely will crest to the moon in record time.

We are a Market Network (next generation social network) that is being hailed as the next major unicorn for the next 10 years according to the following news sites:

NFX Alexa Rank:181,144
The Next 10 Years Will Be About "Market Networks"
https://www.nfx.com/post/10-years-about-market-networks

Techcrunch Alexa Rank: 1,021
From Social Networks To Market Networks
https://techcrunch.com/2015/06/27/from-social-to-market-networks/

Sharetribe Alexa Rank: 100,760
Why network effects are key to successful marketplace businesses
https://www.sharetribe.com/academy/network-effects-marketplaces-james-currier/

And we will pay you to learn how to market with this juggernaut...
And we will pay you to promote this juggernaut ...
And we will pay you to use this juggernaut....
And we will hugely return your Entrepreneur upgrade costs in the form of ownership revenue sharing.

Are you on board? Can you see how easily this will be for you to build a business on? Your business? And that is why Markethive is “The Ecosystem for Entrepreneurs”.

Welcome aboard!

JOIN NOW !