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edicted
@edicted
83
Freedom From Debt-Slavery
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Created
2017-12-18 01:42
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edicted
LeoFinance
2y
RE: Some *Brief* Final Thoughts on HBD
tell me what happens to HBD if Hive crashes pretty badly and in dire straits so much so that HBD depegs? Systemic risk is not a variable in this discussion. Again, every asset has systemic risk it's not
$ 0.048
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4
edicted
LeoFinance
2y
RE: Some *Brief* Final Thoughts on HBD
My comparison was to the S&P 500 index fund. You've yet to explain how the overhead cost selling a stock is different than the overhead cost of selling crypto. If we take what you say at face value
$ 0.000
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6
edicted
LeoFinance
2y
RE: Some *Brief* Final Thoughts on HBD
This is increasingly basic stuff and has been practiced throughout history. See I actually write blog posts about this stuff and get real feedback from people who aren't swimming in this sea of ideas.
edicted
LeoFinance
2y
RE: Some *Brief* Final Thoughts on HBD
You are making up numbers and putting words in my mouth. It's weird. At this point you need to come up with a capitulation plan. Realistically what needs to happen here before you change your mind? Because
edicted
LeoFinance
2y
RE: Some *Brief* Final Thoughts on HBD
Hm! I'm not sure what kind of logical fallacy is going on here but I'm not sure why I would need to personally farm a 15% or 20% yield to know what a 15% or 20% yield is. If I told you I was farming 15%
edicted
LeoFinance
2y
RE: Some *Brief* Final Thoughts on HBD
Pulling the rug out from under someone is a term that's been around for decades. In in songs and all kinds of other references. In this case it's a pretty accurate statement to make. Farmers are expecting
edicted
LeoFinance
2y
RE: Some *Brief* Final Thoughts on HBD
Thank you for illustrating for me that it isn't a killer yield. I'm illustrating that most people are poor and live paycheck to paycheck. $20k in savings is a huge sum for the vast majority of people.
edicted
LeoFinance
2y
RE: Some *Brief* Final Thoughts on HBD
Now you are talking about a completely different thing. Again, conversions have a net 0% slip depending on the delta between current Hive price and the 3.5 day average. Liquidity on Binance right now show
edicted
LeoFinance
2y
RE: Some *Brief* Final Thoughts on HBD
Not really, there is still a chance you lose value even when you convert. Not really, there is still a chance you gain value if number goes the other way. If the Hive token is higher 3.5 days later you
edicted
LeoFinance
2y
RE: Some *Brief* Final Thoughts on HBD
but when you try to exit HBD a good portion of it just gets lost to slippage. 0% slip if you just convert the HBD directly into Hive over 3.5 days. Over the last 10 years the S&P 500 made an AVERAGE
edicted
LeoFinance
2y
RE: LeoThread 2025-01-17 17:48
np I really liked the idea of a zero-fee LP a few years back but eventually realized it would get exploited in weird ways.
edicted
LeoFinance
2y
RE: Some *Brief* Final Thoughts on HBD
Hm yes my brand is very... raw No sugar-coatings here I suppose. You get the black coffee response.
edicted
LeoFinance
2y
RE: LeoThread 2025-01-17 17:48
Also I wouldn't pitch a "fee-less" AMM. There should always be at least a 0.1% fee to stop people from wash trading and fucking around... which should then go to the liquidity providers on top
edicted
LeoFinance
2y
RE: LeoThread 2025-01-17 17:48
There's no reason to move inflation around like this. Either the inflation is worth printing, or it isn't. We don't have a hard-capped budget on this platform. There's a sweet spot on AMM that provides
edicted
LeoFinance
2y
RE: Some *Brief* Final Thoughts on HBD
I would argue that locking in the high interest rate on top of the principal being locked in a bond contract makes it exponentially more likely that people on the outside will just assume we'll collapse
edicted
LeoFinance
2y
RE: Some *Brief* Final Thoughts on HBD
yeah I mean it's possible that I could be giving a voice to the voiceless or that standing up to an idea that has a lot of support is "brave" or that doing what I think is best for the network
edicted
LeoFinance
2y
RE: Some *Brief* Final Thoughts on HBD
no lies detected
edicted
LeoFinance
2y
RE: Some *Brief* Final Thoughts on HBD
I wouldn't call it empathetic but if you want to go nuts. π€ At the end of the day I have no doubt that most people here want what's best for Hive.
edicted
LeoFinance
2y
RE: Some *Brief* Final Thoughts on HBD
Yes I'm sure you were running your mouth quite a bit when a bunch of people were saying "let's remove rewards and port them to L2". I know I was. What a terrible idea. Either the model is worth
edicted
LeoFinance
2y
RE: Some *Brief* Final Thoughts on HBD
Yeah no I'm just running my mouth off just in case it becomes a thing. There's really no official word on actually doing this stuff. But well respected community members vehemently support it and I feel
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