There is a total of 10M HBD supply at the moment
Then a millionaire person could easily buy the whole supply.
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There is a total of 10M HBD supply at the moment
Then a millionaire person could easily buy the whole supply.
now that would create a serious chaos XD
Posted via neoxian.city | The City of Neoxian
Exactly! And it can happen easily
And what would that do? The person might earn 7% which would be great.
So I am not sure why that is a downside. More can simply be created.
Posted Using LeoFinance Beta
Then we could convert a lot of HIVE to hbd and decrease the circulation of HIVE.
Why though? There’s no real use for HBD. It’s not a stable coin at all. I say we loose it next fork and have it exchanged for hive in a fork
Bingo. The community could alter the supply if desired.
Posted Using LeoFinance Beta
The supply will expand to meet demand, and any excess they pay is channeled into demand for Hive. That's what the stabilizer does.