Very simple.
If HBD is that awesome with 20% APR now, why not whales step in with Millions? I mean they can make 20%.
And like some community members promote " without any risk".
With this, it must be a no-brainer right?
The demand must explode for Hive now, right? 20% wow, that rate is one of the best in the industry.
But wait. Nobody wants it.
Instead of making HBD better, some stupid ideas pop up to back HBD with an unstable asset like bitcoin...
Very smart...
And the, even more, worse, including words like temporally. APR Temporally by 20%.
I translate it: On hive a little circle decides in a random way the APR of HBD.
Please put your funds in because we want a big pump, we don't put funds in it because we don't believe in it.
Nobody will invest in it without the feeling of security. No liquidity and not really stable.
There must a date. APR will be 20% up to xx.xx.2022 or whatever. Maybe we have tomorrow 7%, who knows.
I mean Hive has this magic ability to make it look like a centralized shitcoin.
Some outside investor looks at hive, nice 20% apr.
A little bit of research, wait that shit is 100% random. Fuck it.
Never look back.
Don't believe me? Ask around and the answers will be like that.
If i can trade with HBD and its stable, i like HBD. Thats it.
HBD doesn't need more. In case i want Bitcoin, i can buy.
In case i want ETH, i can buy.
Some APR if i want do nothing? perfect.
Also it must be on-demand. I need the ability to buy/print if I need it without giga fee.
So instead of making HBD a bigger shitcoin, thinking about how to increase usecases would benefit more.
Terra stablecoin has not a marketcap because of billions because of APR or the emergency fund.
It has because people can use it.
Please can somebody think in real-world terms about HBD and stop the nonsense?
I know nobody reads it, but that is IMO more the way to think about HBD to scale it...