Who knows. Seeing as HBD is just a debt
vehicle it is roughly the same end result but the alternative would be someone having Hive and HBD and likely selling both short term.
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Who knows. Seeing as HBD is just a debt
vehicle it is roughly the same end result but the alternative would be someone having Hive and HBD and likely selling both short term.
I just wonder for this burning scenario if the HBD is worth printing at all. Does a 100% power up post remove or stop that particular pile of HBD from coming into existence, or do other votes simply place it elsewhere? And I know I could word this better lol...
I think it is just theory as it is immediately removed from circulation the block after it is created. In my opinion, no one cares or even looks at what is burned, the real benefit is the lack of sell pressure caused by someone selling it.
I've said this a ton of times in the past, I could burn my entire stake (2M+ Hive) and the price wouldn't move 1 cent. No one cares. But I sure can affect the price just selling/buying a fraction of my stake.
Right. This is why nearly every time I encounter a situation like this and start thinking about the numbers, my mind always drifts and focuses directly on that one missing element I included in the story for another day.
Tactics removing potential selling pressure combined with actions generating consistent buying pressure yields noticeable results. No one cares... lol