RE: RE: Rethinking $HBD Bonds and Witness Parameters for $HBD APY
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RE: Rethinking $HBD Bonds and Witness Parameters for $HBD APY

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I listen and read Taskmaster regularly, and even though I don't always agreee with his point of view, I can see value in bonds.

I'll try to rephrase what I mean. It takes certain trust level to start using financial system, I don't mean here experienced Hive user-owners, but new people coming in. Part of building this trust is transparency and lowest necessary level of complexity. Building more complex sollution we might even have some higher level of security, but big crowd of financially non-educated people might be spooked-out.

Another issue is, why would be afraid that group of people could dump massive ammounts of HBD? Why do we need to (nomen-omen) bind them to Hive? It doesn't speak confidence, and at some point it might lower demand for HBD by people who are not willing to bind themselves. This is double-edge sword in my perception.

And my final comment would be more of a question. Would accredited investors be even interest in such beast as Hive, no matter the investment vehicle? With no central entity possible to held accountable and sue? With no board or corporate structure? Maybe it is a case. I honestly don't know. What I feel though is that Hive is a different animal, more of a people blockchain, and without community it means nothing.

And once again, it's not standing in opposition on my side, I just signal the need for balancing these factors while designing solutions as such.

@deepresearch: I listen and | Ecency