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Achim Beda
@achim03
74
- Founder of the Liotes project - Hive Witness with @liotes - Hive-Engine Witness @liotes
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Location
Switzerland
Website
https://www.liotes.com
Created
2018-03-26 12:54
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achim03
Town Square
9d
RE: Is 10% APR on HBD Savings Too High?
Too high interests and we explode the hive supply. Too little interests and we incite a supply shock today by people converting hbd for hive and selling. there is no good answer to be honest.
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achim03
Town Square
9d
RE: Is 10% APR on HBD Savings Too High?
We kind of got used to it :-)
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achim03
Town Square
9d
RE: Is 10% APR on HBD Savings Too High?
You are right to mention the depeg. Too little interests and people convert HBD into Hive and sell, creating lower prices of hive and increasing depeg danger. Too high interests and we increase the potential
achim03
Town Square
9d
RE: Is 10% APR on HBD Savings Too High?
That's true.
achim03
Town Square
9d
RE: Is 10% APR on HBD Savings Too High?
The thing with the interest rates on HBD is that it's something that we all pay in the future. The interests are in addition to the organic hive inflation and it's bascially money printed out of thin air.
achim03
Town Square
9d
RE: Is 10% APR on HBD Savings Too High?
The interest rates on HBD are a way to avoid everybody converting them to hive and thereby increasing the hive supply dramatically. I totally agree that hbd interests don't bring much to the table, other
achim03
Town Square
9d
RE: Is 10% APR on HBD Savings Too High?
Bascially, the interests on HBD are coming in addition to the natural inflation of hive. The problem is that with low hive prices, these interests represent a lot of hive tokens that are minted out of
achim03
tribes
17d
RE: What are your greatest fears for the near future ?
My greatest fear has always been growing old. And what's worse... it's coming to pass!!! It will be difficult to escape that lol
achim03
tribes
17d
RE: What are your greatest fears for the near future ?
I wonder how the economy will work when machines/AI take over. It's a fear that many of us have...
achim03
tribes
17d
RE: What are your greatest fears for the near future ?
This doesn't sound good...
achim03
tribes
17d
RE: What are your greatest fears for the near future ?
I share your worries about inflation...
achim03
tribes
17d
RE: What are your greatest fears for the near future ?
For my future, maybe my greatest fear is to lose my daughters. As a father, that's probably the worst that can be imagined...
achim03
tribes
17d
RE: What are your greatest fears for the near future ?
I feel what you mean...
achim03
tribes
17d
RE: What are your greatest fears for the near future ?
Well that's the ultimate fear...
achim03
tribes
17d
RE: What are your greatest fears for the near future ?
A fear of destruction and hurting loved ones. Unfortunately I don't believe that this fear is totally unfounded...
achim03
tribes
17d
RE: What are your greatest fears for the near future ?
That's a worry that many of us carry around nowadays...
achim03
tribes
17d
RE: What are your greatest fears for the near future ?
Worrying is something that I do about everything but I know that it's pointless I defintely know what you mean lol
achim03
tribes
17d
RE: What are your greatest fears for the near future ?
I don't know how much of these fears are marketing for AI companies and how much we need to really about this outcome...
achim03
tribes
17d
RE: What are your greatest fears for the near future ?
There is definitely a lot of polarisation in the political debate at the moment...
achim03
tribes
17d
RE: What are your greatest fears for the near future ?
I just hope nothing bad happens to my loved ones. I agree with you there...
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