From time to time I see people going on about how HBD could be this and that in the future but not much is being talked about how short it falls from being a true stable coin and the bedrock of the Hive ecosystem. Sure it has come a long way since the wild west era when it would have crazy swings and people would pump it to the moon. As far as I understand that's no longer possible but with the very tiny supply currently on the markets I don't see why it couldn't go over $1 by serious amounts with the concentrated efforts by some determined whales. Math is not something they teach in clown school so I'm still curious if we'll ever see HBD going for ridiculous figures like we saw steem facing with SBD less than a year ago.
The problem I'm seeing right now with HBD is that at most market pull backs it loses quite a bit of value, for example I saw it down to $0,96 a few days ago and that's kind of a problem for our pseudo stable coin. If you would try to convert larger sums to other coins you would loose quite a few bucks.
I'm sure someone will try explain to me that HBD is actually a debt base system base of Hive blah blah, but most of us plebs just want a place to park our gains safely without worrying it could go down in dollar value. And if HBD could offer that and prove to be safer than other more famous stable coins I'm sure it could be the biggest attraction to the Hive blockchain we've seen so far.
Not saying this is the biggest problem ever but it's just something that could be the strong point of the blockchain instead of something that works adequately some of the time and for small amounts.