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RE: Daily Crypto Markets Live Blog: Bitcoin Trying To Hold $30K (05/20/22)

in LeoFinance • 4 years ago

HBD will never be on the big exchanges like coinbase or Gemini, but I see ur point 💯. Yea I don’t see anything I brought up destroying our platform here, I just think HBD won’t end well. I believe over time it will be proven u can’t have a pegged or “stablecoin” without backing. Hive would survive even a HBD collapse. It would be much lower for a while but I don’t see it breaking things for good. But the story of stablecoins esp unbacked ones won’t end well. It’s not backed by anything and it claims to be a pegged coin. It can’t end well. Unfortunately. For me it just seems misguided to focus so much on HBD instead of Hive like many do since the 20% interest especially.