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RE: 20% Interest Rate on HBD

in LeoFinance2 years ago

For the moment, it's just making me feel a bit nervous... for more reasons than I can put in a reasonable comment.

For starters, 12% to 20% is a HUGE jump. Next, 20% suddenly places curation earnings in the 2nd row... de-incentivizing curation is just a step from de-incentivizing content creation... and unless this is part of a move towards removing Hive's original purpose, that seems rather ill advised. Will people start powering down their HP to buy HBD?

I won't even get into the attendant risk factors of increasing the emphasis on investing in Hive's "stablecoin" rather than its original content creation/dApp development emphasis... as a longer term risk of suddenly putting ourselves far more into "regulatory crosshairs."

Enticing, perhaps... but it's also making me feel very very nervous...

=^..^=

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