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RE: The APR On HBD Savings Should Not Be Lowered

in LeoFinancelast year

Au contraire, that's the only reason we are here - we are jealous of the nation state governments and want to have our fun too.

Companies issue bonds to buy stuff thats necessary for their business to run - but Hive has HIVE inflation for that. What is the point of recruiting another lazy-panda if 1M HBD is sitting there doing nothing?

Yeah, someone must have burnt some HIVE but they did that as a service for profit and they are going to buy it back. There is an increase in coin price but the supply is down and the network value remained the same (unlike the situation where 10k people spend $100 on average to actually use the network - that increases the network value).

There is surely room for short term gains/losses but gradually the field should settle down cashing out their profits. In practice, they won't. If that's enough to create a bull run, the value of the new lazy-pandas is mainly in having someone to panic sell when HBD depegs (surely, growing the debt ratio is great for speeding the game up).

Smart market players earn money, Hive network earns Luna-like reputation (despite not going all the way to zero).