Stablecoins are vital for day to day e-commerce. HBD could be one of the best stablecoins out there if it holds the peg. You can send millions of dollars in just 3s and that too feeless. You own the keys of your account and get 10% on savings. No bank in the world can provide such unique prospects that HBD has.
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Indeed. :) However, banks provide things that many people and institutions need, such as collective/institutional ownership, ability to regain access even after losing credentials, and similar. We do have more work to do to make it usable for the masses.
That's true! Owning your keys has its own risks. Also, we cannot buy crypto without banks. Directly or indirectly we have to go through them.
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That is all true. We can see tremendous use cases for HBD if we can stabilize it. However, so far, it is a slippery road.
We were doing well until the bull run and the peg went out the window. It will come back but is showing more work needs to be done.
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Yeah. I am sure @Blocktrades and other witnesses are already on it. Peg is crucial for the whole system to work properly. I don't want to keep on selling at high and buying at low. It's inconvenient.
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