30x in 30 years sure does sound appealing but I'm not sure anyone has the conviction to hold anything that long, including the US dollar or a stable coin backed by it.
Hopefully, people will come to their senses but that may take a loooong time.
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Isn't it rather funny that people hold way more in bank accounts for longer time frames? Come on, it's sad...
HBD isnt backed by the USD.
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Yeah. That was my bad. I was peaking about stablecoins in general and primarily had UST and Luna in mind because their yearly return is even bigger.
On that note, I tried to illustrate how hard it is to get people in the savings game because they will always trust banks more even though they are the worse option when you really think about it.
Even if you try to sell them the idea behind HBD. If you say that it is backed by Hive and then explain that Hive isn't really backed by anything they will quickly lose interest.
We all understand that community and content (along with all the tools that are being built and are already available) have a lot of value on the internet but communicating that to the general public is a really hard job.
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