I remember that discussion. IMO we should go 1 step ahead. Combination of Social media and payments in a stablecoin.
No hive needed for it ( could be a transaction fee that's super little for RC delegators).
Super easy to use and for anons. IMO it would generate demand by nature. The only thing it needs must be cheap to generate as much we need of HBD.
If HBD should be only for transactions ( like SMTs), I would prefer a time token.
Hive into HBD ( Token is for the transaction/ some time) for transactions and back into hive.
the mechanic would be only to value it in USD. For simple onchain payments it would be enough.
Everything else should be in the manner " think big" Imo :)
What is a time token? I'm not familiar with the term.
Term = random Urun name :P
What I mean by this is:
For Onchain transactions ( like token creation paid in USD), the value of Hive matters.
So it could be an internal thing Hive ---> USD value -----> HBD ----> pay in HBD and after back to Hive ( or burn). Sure last 2 steps make no sense. Only if we would allow a timeframe the USD coin exists (like 24h-7 days).