HBD can't make Hive insolvent. It's mathematically impossible.
Agree on the interest rate not being a promise. I don't know where anyone gets that from.
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HBD can't make Hive insolvent. It's mathematically impossible.
Agree on the interest rate not being a promise. I don't know where anyone gets that from.
We would not be able to pay off our debts. Yes, by the rules written into the protocol holders of HBD who convert would get what the rules determine they get, but it wouldn't be a dollar worth of Hive.
The 'debt' is not a dollar, it's conditional. The 'rules written into the protocol' as you call it, are in fact the rules.