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RE: HBD Partial Insurance with BTC - Proposal to Print 1M USD of Hive

in LeoFinance8 months ago

Another piece to the puzzle that is being missed, from what I can see, the use cases for UST are not there. Yes due to their popularity it is on every exchange and the pair in a ton of DeFi pools. That is great progress. However, is it actually being developed in a payment system?

This is something we havent discussed with HBD as of yet because, obviously, there are other issues first. That said, at some point the focus has to be upon accepting HBD as payment, not HIVE. One of the major values for HBD is commerce. That is something not discussed so far.

Here is where the stability of the token is a big asset.

I agree having the BTC in the DAO is a great idea. Also, as a marketing piece, buying $1 million BTC seems like a no-brainer. It could get Hive some attention and, over time, the price of BTC will likely appreciate.

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