That is completely amazing, and a great example of how modern banks are really bending over their customers. I put a bunch of money into my savings account and my bank pays me a 2.5% APR if I'm lucky.
The same amount put into HBD pays me 20% APR this is a no-brainer and if the world knew people would be shifting money like crazy.
You are viewing a single comment's thread from:
It doesnt take an advanced degree in mathematics to figure that one out. The rate on HBD is a real help to people. Fortunately, we need a lot more of it produced if we are going to develop use cases.
That is the next thing we need: people to start developing commercial activities.
Posted Using LeoFinance Beta
Normally I hear the opposite, where the expert will say we need to develop more use case if we are going to produce more tokens.
It is the abundance of the token that drives use case?
Math is not a problem for me. My problem is I do not understand the fundamentals of a monetary system. This has me sometimes struggling or googling to understand a lot of the financial articles. 👍
In this case yes because there are so few in circulation. Who is going to develop a platform based around them with no liquidity?
That is okay. Neither do 99% of the people in crypto. So many misguided notions out there. Start with the concept the Fed doesnt print USD and what it does create is not legal tender.
With that one concept you will be far ahead of most.
Posted Using LeoFinance Beta
Thank you I appreciate that with the help of Uncle Google I will research that 👍