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RE: Handing Stablecoins To Banks: The Need For HBD

in LeoFinance3 years ago

For the moment, this is a token that cannot be regulated. Since no person or entity is behind it, as opposed to a Circle, regulation is useless. It is like trying to regulate open-source software. Simply, it cannot be done.

If this is the case, one can simply increase his holdings of both HIVE and HBD and just smile about the threat coming from regulators that many in the cryptocurrency space are worried about. And instead of worrying, he should view such threat as catalyst that contributes all the more for the increasing demand of a truly decentralized stable token like HBD.

Is my deduction accurate? Am I following your logic?

Posted Using LeoFinance Beta