This all sounds very good for Hive. Yet HBD is pegged to a fiat currency which is consistently losing value.
What if there was also a Hive Based Stable Coin based on something other than a fiat currency, something like a "basket" of cost of essential commodities (food, power/fuel, housing cost etc.). Let's call it HBE (Hive Based Essentials Coin). Maybe there would need to be regional coins. Just thinking out loud here. Food for thought.
Posted Using LeoFinance Beta
It’s not pegged though
To start, HBD is not pegged to fiat currency. It is pegged to Hive. The $1 is a unit of measure.
As for the general ton of your comment, if what you state was a better approach, why isnt Russia one of the leading economies. It has more commodities and natural resources than any other country.
Posted Using LeoFinance Beta