Fully agree with you but still I don't understand why lowering. Lack of marketing is the issue not the interest rate
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Fully agree with you but still I don't understand why lowering. Lack of marketing is the issue not the interest rate
What would you prefer? Run HBD up to the 30% debt limit as fast as possible? And then what? Keep it at 20% or lower it to 0% then?
I don't get your question, What I'm telling is that I don't see the problems of maintaining at 20% exactly now
I understand that you want to keep 20% for now.
My question is: when you would consider cutting the 20%.
One inflection point is when we reach the 30% HBD debt limit. You might have different ideas.
I would not wait till 30% debt limit, I would do something when reaching 15% maybe but according to https://www.hbdstats.com/, in one year we have passed from 4.75% to 7.15% which does not look so problematic...or am I wrong?
I don't think it is a question of being right or wrong.
The question to me is: what is the purpose of 20%? Are we handing out free candy or is there a win-win somewhere?
15% HBD debt seems like a reasonable figure to have a serious debate about where HBD is. In fact, I would have preferred it if the debt limit hike was to only 20% to begin with, and then to reevaluate.
It is clear to me that the reason for having a 20% APR was to be attractive to new investors. Our problem is the visibility and not the sustainability of the blockchain.
It seems that is the case. We are handing out free candy but we are not getting more (active) users on the blockchain in return.