We’ve been below .89 cents just the last two weeks, it’s all respect here, I wanna be wrong👍 I just don’t think I will be unfortunately. I don’t think Hive dies if HBD has serious problems. It would be a big effect negatively short term but we’d survive and be fine long term no doubt.
I’m just calling it like I see it. I think this ends with HBD being clearly not stable and on dude note the dollar is crashing along with all fiat. Prices are up 20% on many things so I just don’t think it’s worth holding them then monthly rewards until I trade in HBD for hive once a month or so.
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I've been questioning USD since 2009 since explanations being pushed on us for "The Great Recession" kept ringing hollow for me. A strong economy can handle interest rates as high as 6% (compared to the near-zero it had been for many years). So keeping interest rates artificially low is the financial equivalent keeping a drug addict addicted rather than helping to break the addiction.
So for years we've been living in a time where we should be shorting USD. No matter how long USD retains its position as the world's reserve currency, it will drop like a knife one day. It will just be Last Currency Standing after all others fail before it.
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Indeed the dollar will. Along with all fiat. I believe usd looses reserve status by 2030 at this rate