I wonder if the conversion process being 3.5 days is a good or bad thing. After all, I can see that HBD is off the peg already and the price of HIVE is unpredictable in the short term.
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I dont think it is a good thing for the peg. It might be from a security standpoint but I think it hinders those looking to arbitrage.
We might find that more would try to scalp a percent or two if it was immediate.
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