It's 2026 and $HIVE had a nice pump to $6.9420. You converted some to $HBD. How would you offramp that $HBD to fiat without having to convert it back to HIVE and selling it?
It's 2026 and $HIVE had a nice pump to $6.9420. You converted some to $HBD. How would you offramp that $HBD to fiat without having to convert it back to HIVE and selling it?
Liquidity pools. You would have to have one that was USDC or USDT or another table coin that's paired with HBD and then offload it into fiat. I don't see HBD being main stream on any platforms like Coinbase at least not any time soon
Could you use LeoDEX to switch HBDs to Arbi-ETH or maybe USDC in Arbitrum? I speak from ignorance, I didn't use it now that they enabled HBD there.
But then that also makes me wonder if HBD would ever hold it's value if there were other offramps besides swapping it back into Hive
There are so many places that accept bitcoin over Lightning where I live, that I could realistically do my groceries, buy beer and pretty much to anything by paying a Lightning invoice with HBD. I assume HBD gets swapped to Lightning by the node operator and so is dependent on the liquidity he/she holds.
It is a whole process, without a doubt a unique opportunity presented to us.
It's a hypothetical situation followed by a question. I'd like to read some thoughts.
It would be a challenge, not sure if it would even be possible 🤔
#freecompliments
aha that is interesting, I will covert a few percent of hive in hbd and enjoy the juicy interest. I hope this will be true.