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RE: HBD 20% Interest Is Sustainable

in LeoFinance4 years ago (edited)

If people accept Hive as legitimate collateral there is no limit for HBD to grow. Digital money has obvious advantages compared to fiat currencies. It is safer to hold, it is easier to use as collateral, and transfer. HBD has some advantages none of the competitors have: It is one of the oldest algorithmic coins. It is a native coin, operations are carried out on the blockchain. Hive may not be the coolest blockchain, but it's one of the few blockchains that hasn't had any major security issues.

In short, I agree with the view that the 20% HBD return is sustainable.

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To be collateral, we need to focus upon trust (confidence), liquidity, stability, and elasticity.

Blockchain helps us to add in transparency and inclusiveness.

All of this can make a strong case for high quality collateral.

Posted Using LeoFinance Beta