Having this in mind, It's rather fascinating that people can so much forget that HBD needs hive to survive
That is true although it is exaggerated at the moment because the use cases for HBD as a medium of exchange are rather small right now. Build that up and it takes on a completely different meaning.
if it's paying 20% interest, it's literally drawing that value out of hive,
This is not necessarily the case. While conversion will shift the "value" around, at least in theory, HBD can actually add to HIVE's value.
The challenge is people only see one or the other because the commercial use cases for HBD are non existent. However, there are a lot more potential use cases for a stablecoin than just staking for APR.
People simply do not correlate the attributes properly. That is like saying the USD only can be put into a bank and earn interest. That is one use case and, quite frankly, a minimal one.
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