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RE: Selling the Bottom: Let's Lower HBD Yield!

in LeoFinance2 years ago

Oh yeah 20% that's a scam.
Oh yeah 10% that's a scam.
Oh yeah 5%, you think you can outperform bonds, bro? Scam!

lol yeah it's ridiculous logic. We've been at 20% forever and we are doing just fine. All the other actual scams that offered 20% imploded and crashed to zero, and we are sitting here years later with zero red flags up. Even if it was a scam the burden of that scam would fall onto HIVE holders not HBD holders because the haircut on the debt ratio is 30%.

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Speaking for me, don’t think it’s a scam, I think it’s not going to be here long term.

It's people outside of Hive calling it a scam.
It doesn't matter what the number is.
They gonna call it a scam no matter what because they don't know shit.
That's not going to change by manipulating a number.
Manipulating the number is just another reason for them to call scam.

I have a simple answer to those kind of people. I just tell them the difference between HBD's interest and the interest from a bank savings account is explained by all the fees and bonuses bankers take. It might be simplistic, but it makes them stop and think about the greed of the legacy finance institutions !

Nice that's actually pretty clever.
The chance that they even know anything about the banking sector is low.

Although I like to to prove we aren't a scam by showing that anyone can create an account here and earn for free without having to invest. That's quite definitive undeniable proof.