Definitely it makes no brain, no way I billion HBD is gonna be created, I just hope we aren't making mistakes. 83 million is definitely huge, like really scary to me
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Definitely it makes no brain, no way I billion HBD is gonna be created, I just hope we aren't making mistakes. 83 million is definitely huge, like really scary to me
I doubt anyone will care when we are mooning over the next year... but it will become an issue again if the bubble is too big and he enter another 2-year bear market.
Yeah it's true,I guess no one will care, but like you said the underlying effects it's not even mooning but dropping wouldn't really show any sort of stability at all
We just have to be more mindful of the proposals being accepted and paid out and what the network actually gained from those payouts.
Since HBD is pegged to dollars, if Hive mooned to $10, then that would reduce the relative value of HBD, not jack it up to $10. In that circumstance, the economic value of the DAO would be dramatically reduced after converting the Hive tokens in it to HBD at current prices.
If the conversion is made after the bull run, we'd end up with massive amounts of HBD, though.
Hive is being converted to HBD slowly over a years period apparently.
My understanding is that if it is converted prior to the price of Hive rising, it will cause less inflation.
I mean I guess. If Hive gets sold for HBD on the internal market... and then the price of Hive does up and those HBD get destroyed for a dollar's worth of Hive... there will be less Hive coming out than went in.