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RE: HBD: The "Safe" Stablecoin?

in LeoFinance3 years ago

I hadn’t noticed the bump from 7% to 10%. I’m happy about the shift toward initiatives to attract people with a long term view of things.

This alone should go a long way toward filling the community with people less interested in a moon shot and more intrigued by what’s actually being built.

Your comparisons to Napster always delight me. This particular reference to it got me to thinking about how the world would’ve treated it if we had warning and hype around it like crypto, rather than it just being dropped into the mix out of nowhere (from my position at the time, anyway).

Would there have been zealots spreading the gospel of free music and the utopia of having every song on demand for free? Probably. Would anyone have really cared, even as they were feeding money into a jukebox with only a few hundred options? Probably not.

Even now there are people who don’t appreciate the ease of access we have to things we used to have in limited supply but there’s no arguing it’s an ongoing shift.

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It was so long ago that people forget how things were before the introduction of Napster. It introduced a technological breakthrough that few were prepared to deal with.

The analogy is probably correct. We would have a lot of people shouting the different agendas. But in the end, we saw the world of music change a great deal.

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Yearly inflation is looking to be higher in usd. Hardly even. I wish we’d focus 100% on hive tokens. There’s already stable coins with track records. HBD or before ur steem dollar were a means to have part of reward in something stable. I think it’s use case is that. HBD as a all around stable coin makes no sense to me. Maybe I’m missing it 🤷🏼‍♂️

I think having our own stable coin not directly tied to the fiat system is the point.

If investors and consumers know they can transact here without the volatility the crypto space is infamous for it gives us a competitive advantage.