You are viewing a single comment's thread from:

RE: HBD: The Ultimate Stable Coin

in #hbd4 years ago

I'm not trying to be rude and act like I know everything.
I want to talk about this more so I understand the issue better.
But you still haven't said anything to me that I find particularly enlightening.
In fact it seems you're doubling down on misinterpreting my words, so I'm confused.

Let me be clear:

There is no speculation. Coins are not being burned to increase the value of HBD. In this scenario HBD always trades near the peg because supply is provided dynamically with CDP Maker loans.

We can not stop users from using frontends and 2nd layer to send assets to @null, and we wouldn't want to. It's there for a reason.

Your positioning in this argument is extremely concerning to me because I know many other people share this view. Which means either I'm wrong (fine) or lots of other people are wrong and have no idea what they are talking about and we are leaving gobs of free money on the table (that would be a pretty bad situation, wouldn't you agree?)

I humbly request that you provide an actual example with numbers and math to show the worst case scenario, because I don't think you can.