The Sophistication or the economic concept behind derivation is revolutionary, it's quite fascinating how bHBD is quite distinctive from HBD, but a lot of people would equally think it's the same, not seeing how bHBD totally differs.
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Very true. That is one of the keys to building a strong currency. Sophistication adds layers that really expand thins will building resiliency.
bHBD is just one example, a first step in the derivative expansion. We can go many directions with this.
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