didn't know Hive was burned I thought someone was buying it. That's great to finally understand how it works :)
Cool to know about the arbitrage thingy as well, unfortunately my secret dream of seeing HBD going to the moon like "in the good ol' days" sounds more improbable the more I understand how things work.
Thanks for the explanation
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The HIVE to HBD conversion was not available beffore July 2021. Since that HF, HBD can be created from HIVE, and the possibility for HBD to moon is low :)
On the internal exchange it is bought. When converted, it disappears.
Of course, there is a HBD to HIVE conversion which will create more HIVE and burn HBD.
It works both ways depending upon what community members decide to do.
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ok, now it's 100% clear how things work, thanks for the explanation, I feel less ignorant :)