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RE: What Does the HBD Interest Rate Bring to the Hive Community?

in LeoFinance10 months ago

Thanks for the response. I would have upvoted it if you already haven't done so.

I see the $1.5 million as paid out for nothing. The three senior developers would most likely deliver something within the year.

Where can I see that the HBD demand is growing? Is there any data for that?

Yes, the USD loses a bit of value day by day. However, stablecoins are designed to reflect that - you have to count in that 1 HBD in 2025 would worth less than today, just like you do so with fiat.

Could you please explain why there's no payback if HBD grows by 20% per year? We can create more HBD anytime simply by converting Hive.

Regarding the interest mentions in the Whitepaper, you're right. I am sorry for that, here it goes:

However, I still believe the money could be used better way. I don't see the point in assuming I would or would not do - and that's not a valid argument in any fair discussion. I also did not suggest that there's a bubble.

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