It's buying a lot of HIVE right now, nearly enough to offset the entirety of Hive inflation. If a new investor came along and was buying 40000 USD worth of HIVE every day we'd consider that very significant in my view.
As funding increases and/or the price of HBD stays high or increases we may actually more than offset inflation making Hive (temporarily) deflationary.
By 'current_supply' metric, it's already going into deflation.
Interesting, my back of envelope calculation was based on total inflation including the part that gets dumped into HBD immediately and doesn't show up right away in current supply. So indeed current supply inflation is lower to begin with. Thank you for pointing that out.
Nice
that's cool :D
Ya, I think the long term potential is there. I think it is just hard to try and keep the value of HBD as close to $1 as possible when it is tradeable on the markets and people are willing to pay a lot more for it. I am just glad that the funds are all being put back into the ecosystem.