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RE: Can We Please Not Use Hive Reward Pool For Another HBD Stabilization Attempt?

in LeoFinance4 years ago

@cwow2 and @geekgirl Everyone here is making valid points and it is a healthy discussion. Nobody (that I'm aware of at least) is offended :)

@blocktrades already made a reply that is the top level comment to this post that pretty much sums up my view. There are also some "FAQ" questions in the latest post which address the same questions there.

This is going to be a controversial topic. There is a fairly high consensus among the stakeholders right now though that this is the right approach to take. If it works, ultimately it means a higher price for HIVE which actually adds more rewards to the rewards pool in the end.

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I am not aganst this at all, but wasn't this the reason for the hbd interest?? xD

No, quite the opposite actually. HBD interest actually generates more demand for HBD which drives the price of HBD up. The idea is more demand for HBD -> more ability to buy HIVE with HBD -> higher HIVE prices (in theory).

Ohh. I got it backwards :D

It kinda make sense in theory, but what if people are starting tl hodl hbd? I mean, I hold way more hbd now than I did before and is only going to sell for hive when I need hive xD

Either way, if your way can work I am all down for it :D