There is a little bit more to this than my dislike of interest.
I had been working on the issue of monetary reform well before HIVE. One of the main complaints that economists had with the Federal Reserve was that the interest structure adopted by the Fed created boom and bust cycles.
World and national economies suffered through a series of economic collapses.
One of the big hopes was that crypto could usher in honest money.
Unfortunately crypto has been dominated by big groups like FTX and Luna. These programs have all built in fixed interest schemes.
The interest HIVE pays for comments is a little bit different from the fixed interest on HBD and the derivatives at the center of FTX.
I've known numerous people who have been hurt financially by debt.
The fact that HIVE made debt the center piece of the platform means that HIVE has broken the ideal of honest money.
There is a huge future for honest money. Funny money has a long history of hurting people.
!PIZZA