RE: Hive Backed Dollar (HBD) Is Becoming A Stablecoin
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I like the fact that holding HBD has been made even attractive because before it felt like useless, it wasn't Stable and this didn't allow it to have a use case, but how, as a stable coin one can convert their hive into HBD and keep it in the savings. It's still early days, I'll be looking for how long we can maintain this stability.
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The interesting thing will be the different applications that start to adopt it. We will see how long until some start to target it as a useful payment mechanism.
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As a useful payment mechanicism, the use case will triple by all means, so much potentials for HBD.
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I don’t see it. It’s not pegged at all. Could be .60 cents again one day. It’s gambling. I think Hive itself will use be better off with a real stable coin or just use Hive only going forward. Just my take
Cheers 🍻 bud
Well, let's see how stable it's going to stay, I guess time will tell and then, there will be more hardfork going forward who knows, one or two things can still be done