I was able to convert HBD to hive on @esteem. Thank you
@esteem. I am not very clear on the economics of these SBD&HBD markets. I hope that I am correct when I convert stable coins into crypto during the most bearish cycles. My logic is that since the stable coin is supposed to be pegged to a dollar then the lower the crypto token goes in exchange rate the more tokens should be alotted to meet the dollar value. I want to know how that will change the entire system and chain. What does the chain do with my stablecoin? I suppose it would be recycled to reward someone else.
Hive on people.