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RE: Hive Backed Dollar (HBD) Is Becoming A Stablecoin

in LeoFinance4 years ago

While stable coins are "boring" to many, I find them a very interesting option. If you want to "sell high" they give you a place to stash your profits without leaving crypto.


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HBD isn’t a stable coin. It’s just it’s name/. I think it’s done more harm frankly. I say fork and turn it into
A pre set amount of hive and split rewards half hive and half hive power. HBD is currently 6% under a dollar. This is what many are calling stable. I think we are all washing our time when we should be focusing on making hive better. If we need a stable coin there should be access to a independent one. But hive would do better without this extra token that’s almost never at dollar value

There is no doubt. Too many are mired in the idea of speculation and mooning. However, it is important to take profits and what do you do with them? HBD will be an ideal "parking" spot before moving onto another investment.

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