RE: HBD: The Ultimate Stable Coin
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It was always an education thing to me. People just needed to understand that HBD is a coupon for $1 of HIVE. If I can buy that coupon for $0.65, then hex yeah I will! So would a lot of people if they understood it better. If I gaf about USD, then I can buy HBD with my HIVE and that hive will remain the same amount of USD until I convert it (personally, I dgaf about USD and just use HBD as a means of getting more HIVE)
Originally, it was meant to be a USD peg to drive adoption for normies. No fancy conversion needed for HBD like you need to for btc/eth/doge/edictedCOIN in commerce. That didn't play out though, so it doesn't seem to serve much purpose. It doesn't look likely that it ever will, since we'll be on BTC for commerce soon 😂
Glad to see new ideas rolling around. I will def have to come back and re-read this post soon. Got some digesting to do!