Once HBD starts having more applications, people will be less inclined to buy HIVE with it, will this have a negative effect on the value of HIVE?
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Once HBD starts having more applications, people will be less inclined to buy HIVE with it, will this have a negative effect on the value of HIVE?
You are right, now the primary use case of HBD is to buy the other coin. However, do not forget, to utilize HBD, one needs resource credits which means powering it up. Someone has to provide the RCs to operate on chain.
Hence activity on chain could well be the primary driver of demand for Hive. After all, it is an access token.
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Good reminder, HP is the true sink for HIVE and every new user needs Resource Credits. Growth on the hive blockchain will increase demand for HIVE, let's keep growing the chain! Thank you for your support!
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