RE: New features for Hive: Hive Backed Euro (HBE)

I understand why an Euro peg would be easier to follow by the Europeans. And that it would offer the chance to arbitrage between HBD and HBE. And that Hive would seem less US-centric (which it isn't, I believe).

Let's say, hypothetically, HBE would be introduced. Hive is currently a two-token economy, at the base layer. How would that change things? This adds to the complexity of distributing inflation where HBD is currently involved (what to distribute, HBD or HBE?). Conversions to and from HIVE as well as the haircut rule - core Hive economy elements - would also need to be redesigned. You no longer have one debt token, you have two of them: HBD and HBE. I don't know, maybe in this case the expression "if it's not broken, don't fix it" applies.

HBD has in fact nothing in common with USD apart from the soft peg to it. 1 HBD is valued, at the blockchain level, at 1 USD worth of HIVE. So, it's HIVE, not USD. The peg can be changed much easier - if at one point this seems necessary - than adding a new token at the base layer and changing the tokenomics.

I wonder if a different solution might be easier to implement. We would continue to have only HIVE and HBD on the base layer. HBD would continue to be pegged to USD. User interfaces could offer the option to display amounts as Euro or other currencies (Ecency has that option in Settings).