The real question for me is what is the purpose of HBD, it boils down to
- Is it for the community to use or is it broader.?
I was thinking about this earlier in the week and first thought it would be great to have hbd on multiple exchanges so i could use it instead of usdt but then in that scenario its economics change. If use d much wider and bigger, then then the economics of it breaks down because the market cap of hive is just not big enough to support it. The greater that you increase the 10% the closer its volatility will be to that of hive.
I agree hbd is a usp of hive but i see it as something that is valuable as long as its used in the hive ecosystem more smaller scale for the benefits of hive members not necessarily on the open market.
Certainly it would be great to have it with a much wider use case than just on Hive. In fact, to have 10 billion needed, it would have to extend far outside this platform.
Of course, we have to start somewhere. To get exchanges interested, we probably need activity ourselves. That is where first building here can help. There are a few exchanges that already carry HBD.
The other option is liquidity pools. A couple of them set up on BSC or polygon might help.
We will see where the ideas take us. It all starts with getting a few use cases going.
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