You are viewing a single comment's thread from:

RE: The Hive-Backed Dollar (HBD) and How it Can Carry HIVE to Mainstream Adoption

in LeoFinance10 months ago

I agree, it definitely gets harder as things get bigger

That being said, I think Dalz has done a great job of outlining that it's not going to suddenly get HUGE overnight... it takes buying HIVE and converting it (burning it in the process) to print a bunch of HBD

That would make the HIVE price balloon like crazy, enriching all HIVE POWER holders

The balancing act that HIVE-HBD ecosystem has between HIVE POWER, HBD savings, conversions and generally low liquidity is quite fascinating

It prevents us from growing super large in a short period of time which is both a hinderance and a protection