I talk to some of my friends about HBD and it's algorithmically maintained value and they always laugh at me because it's not "stable enough".
If we're honest, it's certainly a huge issue.
Price has always come back to a dollar, but the 10c fluctuations above and below that price is too much.
The stabiliser is a great start, but we need those external exchange listings to really encourage a shitload of money arbing.
the beauty of HBD being our stable coin is that it's managed by the community. So, in theory, if the dollar goes to shit, we can just tweak the algorithm to mirror another asset.
I heard this and it resonated with me quite a bit too.
Obviously, I don't think that the dollar will actually not be used as the world's primary unit of account anytime soon.
But what if!! ;)
If you say something won't happen and you therefore don't have a scenario planned, you're going to get caught out.
We at least have a plan.
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