Just my opinion on HBD’s and why I believe as I thought for years now they are not needed. I know most disagree and that includes many smart people who have done great work on the Hive chain and development in general. I mean no disrespect. Just my honest opinion Hive Backed Dollars should be forked outta existence and turned into Hive tokens.
This post below is well put together and I don’t send any bad vibes there way. Just wanted to reference what got me thinking about this topic again. I ran outta time in video but I must say I do not see the 20% interest rate lasting at all. I just think HBD’s are pointless and will only put a extra regulation target on our backs. Again just my simple opinion. Not my hill to die on. Just a opinion.
@threespeak/hbd-partial-insurance-with-btc-proposal-to-print-1m-usd-of-hive