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RE: Long Term Goals for HBD Changes (AMM/Bonds Commentary)

in LeoFinance2 days ago

I'll be honest a lot of it was over my head. I probably didn't try as hard as I should have though. I just like the idea of passive income, so if there is a way I can do that better and safer than holding HBD in savings, I am definitely not opposed to it. Do you think things are going to become a bit more relaxed for us in the US with the new administration? Having access to some exchanges that have HIVE listed would be kind of cool...

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Yeah it would be badass to get my Binance account back.
I think it will happen but it could take a year or two.

so if there is a way I can do that better and safer than holding HBD in savings

It might not be better or safer than earning 15% in the savings account.
But it's better and safer for the network.
It would mean you'd have to pair your HBD with HIVE and provide liquidity to the internal market.
So Hive price goes up you're selling a little and getting more HBD.
Hive price goes down you're buying a little and getting more Hive.
All the while earning some kind of yield (maybe like 35% if lucky).

But yeah I think tons of regulations are about to be rolled back... there are going to be so many scams lol... price of doing business.

I'd be cool with 35% for sure. I really miss my original Binance account. Like before Binance US was even a thing.

Binance global is awesome I was using it until they got captured by the SEC... I never even looked at or considered Binance US for one second.

They wanted to switch me over when they started doing KYC for Binance Global.