RE: RE: Blocktrades proposal to quarantine and increase HBD interest rates
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RE: Blocktrades proposal to quarantine and increase HBD interest rates

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5y

I fully agree on everything in this post. The upside peg will be effective. If HBD is above $1, a lot of HIVE will be converted into HBD and the price will be destroyed in the process while pumping HIVE.

Add proper yields to HBD and there will be demand for the coin, all translating into demand for HIVE thanks to the peg.