So, its a diferent stablecoin, that should thrive with the utility of HBD itself that debt portion of Hive... and as use cases of HBD increases with all developments then it becomes a mature stablecoin like USD.
I hate fiat currency but agree that USD dollar is the strongest fiat currency in the world for now and we have to wait and watch what happens, if it will remain so because of so many possibilities that can change things.
Again, right now HBD is taken as algorithmic stablecoin.. and I am sure all have fear of such stablecoins, lets see how HBD goes. I would love HBD to do well... I am very much part of Hive community and connected with it!!
Sadly, most hate fiat currency without even understanding it. Most think it is "printed" by the central banks, which it is not (at least the major currencies). Few also realize why the USD has value, or that it even has value.
This is why most get things completely wrong. For 30 years, I heard calls for the collapse of the Dollar and the end to the system.
Yet in all that time, it never happened.
So, if we are going to develop a stablecoin that truly has the ability to change things, we need to understand the present system and not ideological theories that are based upon falsehoods.
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