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RE: Hive Backed Dollar (HBD): Taking Things To The Next Level

in LeoFinance3 years ago

Lol, I keep saying HBD is not a stable coin, otherwise it would behave like other peg coins and fluctuate no more than 1-2% max.

Anyway I think the lack of liquidity is down to the countless HBD (de)stabiliser posts anytime it goes to $1.30 or more. Any sane person who sees those who doesn't know the history of Hive just thinks, well I'll stay away from that one.
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HBD's biggest chance of survival is its use and future use as an NFT buying token. Otherwise I see it as pointless.

Cg