The @hbdstabilizer fund is adding value to the Hive platform. Existing and potentially new stakeholders who are interested in the platform may find value in seeing it there.
Absolutely disagree with this statement. It is doing no such thing, trying to create an artificial peg by pumping and dumping is a bad thing and no matter how many posts you make declaring the contrary won't change that.
Why are you so obsessed with Hive being worth exactly one US dollar? I thought this was crypto, let it find its own value. Or if you want to create a true peg, then do it in the same way that USDT works (i.e. backing it with real fiat cash). If HBD goes up to $10 that's good for the platform as it will attract more investors.
Anyway you know me, I'll say things even if they're unpopular, rather than kiss your arse like everyone else, just because you're a whale. I hope you appreciate getting real feedback instead of sycophantic vote-for-me responses.
Peace.
Cg
Everyone is entitled to their opinion, and it is not a black and white situation. There is a lot of controversy around this. The wording is "may find value" though, and the reality of the situation is that some stakeholders do see a lot of value in this. It can be seen based on the amount of large upvotes the posts and proposals are receiving.
Probably just a typo, but we are not interested in HIVE being worth $1.00. We actually want HIVE to be worth a lot. In terms of HBD, it is designed as a stable-coin. The purpose of stable-coins is to hold their value at a specific pegged amount, not be driven by market forces.
There are a lot of different stable-coins with different pegging mechanisms. HBD is a decentralized one, which uses different mechanics than ones that are run by centralized parties.
There is truth to this, but the same can be said about HIVE going to $10.00. HBD functioning as it is designed will also attract investors as well. There is a lot of value in stable-coins. Personally, I would like to see HIVE at $10.00+ and HBD sitting at $1.00.
To be honest, your opinion is probably the "popular" one. Most regular users are not in favor of this effort. It is really the large stakeholders (who have the most to gain/loose) who are in support of it.
Not sure who you are referring to as a whale. If it is me, you are barking up the wrong tree, lol. My vote is worth around $0.50 so anyone trying to get rich by kissing my ass is wasting the kiss.
In reality I think most people who are either for or against this effort are that way because of their beliefs on how they think the platform should operate and how they think we should make things better. Even through the disagreements I'm pretty sure most users and stakeholders are all coming at this discussion from the position of wanting the platform and community to succeed. We just have a difference of opinion on how to get there.
Lol 😂😂
I just think that we should be happy on the HBD rise, for whatever reason it's more popular than Hive (my guess is because Hive is not 100% liquid)
But HBD supports Hive users. Some poor schlob (me) getting $18 for a short story that took me a week isn't so attractive. However if that 18 HBD is worth $5 each then suddenly I'm interested in investing my time to make good content, which ultimately helps improve the site, attract users and grow the price and platform.
#LeaveHBDAlone
P.S. Nice talking to you again :-)
Cg
Free markets in a free world. !BEER
View or trade
BEER.Hey @cryptogee, here is a little bit of
BEERfrom @indextrader24 for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.