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RE: Hive Backed Dollar-to-Hive Ratio To 30%?

in LeoFinance4 years ago

For merchants to start accepting HBD as a payment token a few things need to happen. The first is obviously to have the peg hold or at least operate within a very tight range.

Most people expect stability in all sorts of stable coins including HBD

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Most people expect witness to actually look after their witness node.

Totally agree with you.

Assuming you're talking about my witness node, I had to take some time off from everything including Hive to deal with my personal life problems. A few weeks ago I mentioned in my post my decision to disable my witness node.

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What are we defining as "a very tight range"?

Personally I'm thinking like 5% ($0.95 - $1.05).
This would be competitive with credit card fees.

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That is a range that we should shoot for.

Right now, it is too loose I think.

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