It's still very extended the ''Hive is for spending, not saving''. Although it's easy to fall in the falacy at the bottom of bear markets.
ideally my post is a capitulation signal.
For now, HBD at 20% apr is good. If we don't manage to grow a 20% year after year we are fcked anyway.
And we need vastly higher amounts of HBD in circulation to enable HBD itself as a stablecoin. But giving them away irrepsonsibly is not the solution.
overall I agree with most of what you said.
Pd. I'll vote for your witness, thx for letting me know.