For me, this should be one of the top priorities in the Hive Proposal.
I have some questions in this process of understanding.
I understand the idea of decentralized utopia and the world that comes with it. However, how about seeing a way to find Fiat in the game?
If we make one interface in the webapp to lock certain HBD for interest, but only to be locked without withdrawal, for spending? for instance:
- User locks 10K Hive for a premium card anywhere in Hive Blockchain. The user will receive the card.
- The card wallet will have a swap feature, to be kept in Fiat or HBD. Fiat will have no interest, and HBD has a 12-14% interest rate. Now, spending is done for Fiat, and cashback will be given in Hive or HBD? Depending on the best scenario?
Anyone can go retail, but also swap hive and hbd and play around the market, this could create an adoption.
Also, the addition of the fund could be a Top-up card that could eliminate hassle in entering different countries?
If Fiat comes into the game, most people will play with it. Idk the long-term impact on Hive and HBD pegging, but it could be massive for HIVE.