RE: RE: 💸 I Did the Math on My Hive Bags – EDSD vs HBD – And I Was Very Surprised (No, Really)
You are viewing a single comment's thread from:

RE: 💸 I Did the Math on My Hive Bags – EDSD vs HBD – And I Was Very Surprised (No, Really)

Words
160
Reading
1 min
Listen
Play
10M

That's good, but if not you, then? Ditto that, and things are more serious than I originally thought. I've been looking into it more closely, and the HIVE inflation, and the Hive Debt, which are both rising rapidly, are at all-time highs, while the fiat price of HIVE is at an all-time low, which is a very bad combo. We're moving into dangerous waters, because if the Hive debt reaches the 30% threshold, then HBD will lose its peg to the dollar, which will cause all sorts of unpleasant things to unfold. At the moment, the Hive Debt is at 17.78%. It was at 13% yesterday. I did notice just today, however, that it appears to be going down a bit, which I really hope continues. If it keeps going up, then I'm going to withdraw all my HBD from Savings to convert to HIVE, and then power it up, before HBD loses its peg. 😁🙏💚✨🤙

!ALIVE
!BBH
!LOLZ
!PIZZA