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With HBD, the backing asset is $HIVE. Simply put, here is where the networks effects can be lasting. The key is to build the value of $HIVE. In doing so, there will be uncorrelated demand not related to HBD.
Exactly the key is to keep growing and being active on hive I believe if there's stable demand of hive than supply the HBD will still be active.
RE: Where The Value Of HBD Resides