Because that kind of FOMO would basically send 80% of our new users to the poor house and they'd full on rage quit. The easiest path for an x200 is clearly a flywheel with HBD. Basically the same shit that happened with TERRA/LUNA except we'd crash 95%-99% instead of crashing to zero and HBD would break the peg down to something like 50 cents with the debt ratio towering above the 30% haircut at 60%.
Basically getting x20 adoption on HBD can spike Hive price x200 and put us in a very bad spot. Our only recourse in this situation would be to beg top-20 witnesses to rug-pull HBD yield down to 0-1% in order to flush out that capital and pop the bubble early... but it might be hard to get consensus for that when everyone is riding high on the bull market and feeling invincible.
Because that kind of FOMO would basically send 80% of our new users to the poor house and they'd full on rage quit. The easiest path for an x200 is clearly a flywheel with HBD. Basically the same shit that happened with TERRA/LUNA except we'd crash 95%-99% instead of crashing to zero and HBD would break the peg down to something like 50 cents with the debt ratio towering above the 30% haircut at 60%.
Basically getting x20 adoption on HBD can spike Hive price x200 and put us in a very bad spot. Our only recourse in this situation would be to beg top-20 witnesses to rug-pull HBD yield down to 0-1% in order to flush out that capital and pop the bubble early... but it might be hard to get consensus for that when everyone is riding high on the bull market and feeling invincible.