You have good points and I agree with you. I also think that we are on route to a stable coin backed by coding / arbitrage behaviour (which I would say is superior to some project that claims to have a vault full of dollars to back it). If HBD can stick to 0.98 - 1.02 like the rest of them, I would call it a win. If it proves to not do that, we may need to look at other options. Judging from the early results, we are not there, but getting a lot closer.

Thanks for diving deep on this one.