HIVE is in a thing called a death spiral caused by the stupid high interest on HBD.
I am talking about interest on the stablecoin ... not the stablecoin itself. When a platform pays interest on a stablecoin, it destablizes the platform.
Currently we are paying over a hundred thousand a month in interest on HBD. When converted to HIVE at 0.07, the interest on HBD is 1,428,571.
About one and a half million HIVE hit the market in interest payments dooming the platform.
Yep, destabilized its platform with its stable coin.
!WINE
Yes I see that and busy putting together an article of what needs to change. Started it last night and this includes HBD and where we are heading unless changes happen immediately.