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RE: HBD: The Ultimate Stable Coin

in #hbd6 years ago

What I'm trying to say is that leaving HBD pegged to USD is more stable than pegging it to gold even if USD hyperinflates. All we have to do is account for inflation.

USD loses 99% value? not a problem. Just peg HBD to $100. Hive will have also gone x100 just from the inflation so this is fine.

As long as USD exists and doesn't gain a bunch of value back after having lost it we are fine. Even if it did we could drop the peg back down.

In the end what Im trying to say is that we need to start pegging the value of hbd to our own monetary policy, not 100% relying on fiat.