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RE: Why We Shouldn't Be Funding HBD Stabiliser - We've Got It The Wrong Way Round

in LeoFinance3 years ago

You can't compare HBD to USDT, it has no peg and its value is controlled by market forces.

Not for long. HF25 will include a mechanism to convert HIVE to HBD, and the peg will be easier to maintain within a certain range.

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Hmmm, will this Hive sit somewhere? Will the value amount of Hive equal HBD regardless of price?

I still suspect it won't be a true peg.

It's just so frustrating watching this play out. This whole platform is at the mercy of people who think they're right and have huge influence, so the rest of us just have to suck it up and watch.

If you guys are successful in pushing down the price, I guarantee that will negatively effect Hive and me and a lot of content creators will simply go, leaving you guys to play with your toys on your own.

Cg