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RE: Some Thoughts On Hive Backed Dollar (HBD)

in LeoFinance3 years ago

Yeah, there is a lot of IFs on the both sides of equation. I think it's important to avoid both extremes, hope for the best, prepare for the worst as they say.

It's easy to fall for instant gratification, we all are hungry for gains seen in the rest of the crypto world, this emotional factor also shouldn't be neglected. Working haircut gradually up, together with all metrics growing or even creating some sort of safety system which would consider many factors could do IMO.

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Agreed. We fall into the trap of wanting things now without looking at the long term outlook.

We cant see how things will unfold (law of unintended consequences). I do concur that at the end of the day, it is vital to protect the chain from vulnerabilities.

Growth is vital and expansion needed. However, that must be tempered with an eye on security.

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