RE: Could HBD Change DeFi On Hive?

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Well HBD is not going to be backed by a dollar and will not be redeemed for dollars. It is paid in Hive.

So a peg to a dollar via Hive is still I think near the same.

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I'm really not understanding the benefits of that for some reason. It seems overly complicated with no real benefits? What makes pegging it that way more beneficial than $1 USD?

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