100%. Life is good if you are an insider. We are already past the tipping point I think, quite a lot of people are going to get rekt on Hive, the HP and HBD holders will go down together very quickly. The big HBD holders are already trapped and probably cant get out due to lack of liquidity on the internal market and it would crash the price hard large sell orders. They will hope that the peg holds, but it wont.
The monthly DHF + HBD interest surpasses the curation and author rewards for HP holders, so things are speeding up with fast dilution of equity. Inflation was ~18% annualised in August... lets see September!
Crikey that is interesting yet worrying. Back to writing my 5 cent rewards posts in 2025 then.
Only an good alt season might save us.