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smooth
@smooth
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2016-03-25 13:36
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smooth
LeoFinance
3y
RE: The HBD Factor
It is unlikely (essentially impossible) that the 20% can or will last forever, but forever isn't really very interesting. It could, plausibly, last for 10 years: If HIVE increased by 30% per year, which
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smooth
The City of Neoxian
3y
RE: The Stupidity of Hivewatchers
That's largely my view without getting into the weeds of how it works since I don't follow the specifics in detail. If there is an alternative making a pitch, I'll consider supporting it instead, or in
$ 0.061
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smooth
The City of Neoxian
3y
RE: The Stupidity of Hivewatchers
The 800 MV experiment was fine. And indeed, we haven't had n^2 or anything of the sort for years. Did it make a big difference? Not in my view. It might have made matters worse in a sense, since there
smooth
The City of Neoxian
3y
RE: The Stupidity of Hivewatchers
The "rules" as you call them are all emergent within the decentralized system. The blockchain does not enforce them, at all. The entire debate is all just human disagreement being enabled by
smooth
The City of Neoxian
3y
RE: The Stupidity of Hivewatchers
There are no rules/laws as far as the decentralized platform is concerned. As with any permissionless system, people are free to decide what to do on and within that system as they see fit, and that includes
smooth
The City of Neoxian
3y
RE: The Stupidity of Hivewatchers
Ganging up to improve rewards is the solution? I don't view the idea I described as ganging up, I view it as decentralizing the reward pool to the community level. Communities that are doing a good job*
smooth
The City of Neoxian
3y
RE: The Stupidity of Hivewatchers
That may be, in that case, let's have an alternative competing proposal to consider. I don't consider a free for all with no one putting in the time to identify and push back on systematic extraction (even
smooth
The City of Neoxian
3y
RE: The Stupidity of Hivewatchers
It's much better to develop tools and allow individual communities and their mods/curators to collaborate and figure out ways to mitigate things within their own boundaries and in their own terms I would
smooth
LeoFinance
3y
RE: $HIVE Turns Deflationary As HBD Expands
That means that less available equates to less Resources Credits available. In turn, not only can less activity occur on-chain, expansion is stunted. I don't think this is accurate. The rate of RCs required
smooth
hive
3y
RE: @lazy-panda now with more than 1M HBD in Savings
There also wasn't a lot of awareness initially about the HIVE-to-HBD conversions (and the stabilizer also didn't do them until mid-2022). Now when it goes above 1.05 a lot of those get done by by the
smooth
hive
3y
RE: @lazy-panda now with more than 1M HBD in Savings
The stabilizer has about $200K of daily funding from DHF, but to use it to buy up HBD from the market it needs to be converted to HIVE first which takes 3.5 days. (Plus another smaller amount of HP funding
smooth
hive
3y
RE: @lazy-panda now with more than 1M HBD in Savings
It does have half a million, not tiny.
smooth
LeoFinance
4y
RE: HBD As A Currency In Second And Third World Countries
It's not a permanent or fixed rate. It works for now as long as Hive is growing quickly and as long as the total amount in savings isn't very large. Longer term it will likely have to be reduced, but I
smooth
LeoFinance
4y
RE: An economy based on the Hive ecosystem in the state of Sucre, progress at the beginning of the year 2023.
Suggestion: Talk to the businesses which are accepting HBD about who are their vendors (merchandise, supplies, contractors, etc.) and encourage those businesses to accept HBD as well. This gives the businesses
smooth
hbd
4y
RE: Why I invested 1000 HBD in Hive: A Journey to a 20% APR Guaranteed Return on Investment
That's a reasonable way of looking at it.
smooth
hbd
4y
RE: Why I invested 1000 HBD in Hive: A Journey to a 20% APR Guaranteed Return on Investment
It's not guaranteed. It's paid directly by the blockchain so you don't have to worry about not getting paid in that sense, but the interest rate is subject to change, even to 0%, at any time by witness
smooth
LeoFinance
4y
RE: Hive Haircut Rule: Will It Ever Need To Be Changed?
Correct. The payout itself doesn't create HBD, but it does put it into circulation. HBD within DHF doesn't count toward the haircut calculation, but once paid out it does. The DHF receives newly-created
smooth
LeoFinance
4y
RE: Hive Haircut Rule: Will It Ever Need To Be Changed?
Witnesses are paid in HP. DHF proposals are paid in HBD.
smooth
HiveDevs
4y
RE: 2nd update of 2023: Moving to Ubuntu 22, binary storage for hive operations in HAF
I like the idea of using that for subscriptions. I gave it a little bit of thought and the implementation seems quite easy.
smooth
hbd
4y
RE: HBD stabilizer continuation September 2022
Also check @dalz.shorts
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