HBD is an amazing tool that we have here on hive. When hive goes up I buy HBD, when hive goes down I exchange hbd into hive. It's a great way to profit from market movements without needing to go out of the ecosystem and without any fees. I agree that having too high interest rates would have the effect that people would simply hold it. People keep the good money that gives a lot of interests and stability and they part with the bad money. HBD might become a hodler money and couldn't fullfil it's purpose for e-commerce.
If I understood the mechanismes correctly, if we have Hive at 10$, the number of HBD in circulation can grow 10x without the nee to change anything :-). That seems like the best solution lol
From this point, yes that is correct. That would equate to 250 million HBD (roughly). That sounds like a lot until you realize there is 34.9 billion USDC in circulation according to their website.
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