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RE: Request for comments: HBD stabilization DHF proposal

in #hbd4 years ago

Not with the proposal I posted here, because supplying HBD from the DHF and then using it to buy HIVE, which is then returned to the DHF takes that HIVE out of circulation. That's what will happen if there is a bull run with high demand for HBD. Negative inflation.

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depends on the Bullrun size and how fast can it adopt.

If the MC is 2B we can have 200M HDB. And it's not impossible it will drop under 1$ again.

If 20% convert around 1$ it will be 25% inflation on top ( and there are 150M left).

HDB is the most shitty stable coin because this coin makes crypto winter even more worse and terrible.

With a real stable coin, people can BUY hive with it. Not generate hive.

Current HDB is also not scalable. Why always people think we can not delete that shitcoin and make a better version out of it.

There will be close to no difference today if we delete it. Only we lose exchange listings for it.

That would favor an update ( a smart one).

A coin that needs HDB potatoes and burn post, sorry that's the description of a shitcoin.

BTW, it's nothing against you, I respect you, and it's my opinion about HDB.