Excellent article, Taskmaster. I agree with everything you said in here. It is obvious to me, that the government of Canada has no concept of what a decentralized stablecoin actually represents, let alone how it works. Unlike USDC, USDT, BUSD, there is no legal entity that can be sanctioned, no address to subpoena, and no people who are targets of the OFAC or associated entities.
Sooner or later, $HBD will have its day in the sun, since all the other fiat-backed/pegged stablecoins will all be targeted for regulation in the banking system via the on and off-ramps. Luckily, there are already merchants accepting $HIVE & $HBD as forms of payment for goods and services, and HivePay has the potential to replace Stripe and ShopifyPay as an e-commerce payments method outside of the control of regulators, which is a golden goose in my view, since e-commerce is the way of the world.
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