You are viewing a single comment's thread from:RE: Why Hive Is The Answer To Operation Choke Point 2.0View the full contextView the direct parentleprechaun (65)in LeoFinance • 2 years ago Can you find people in your community that accept cryptos?
Not at present most want to hodl onto their cryptos and only spend when they have to, this is a practice like anywhere else now, and hopefully, that changes in the future when crypto acceptance for payments will be a lot more common.
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That is because most are confusing medium of exchange coins (like HBD) with value capture tokens.
They dont want to give them up because they will be worth more in the future (so the thinking goes).
HBD is pegged to $1 worth of $HIVE so it is set. Use it to buy things.
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When people generally have to spend it, that is when it is going down.