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RE: Hive Backed Dollar (HBD) Moving Ahead

in LeoFinance3 years ago

The pros and cons of Hive - it has almost everything the market needs and it is still not mainstream despite having all the solutions.
20% APR and pHBD are great signals. I would back both but as you keep on mentioning in your articles, we need value seekers and new investors looking into Hive to generate added value through true decentralization we present.

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The goal, I believe, the increase is to appeal to outside players. The Witnesses are looking to tap into some of the LUNA crowd. This makes sense and is a move I can support.

We just now have to get to the point where HBD is accessible. That one of the next challenges.

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Gaining new eyeballs is something we all should support. Not sure how big the influence pHBD would be but it is worth waiting.

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Not sure how big the influence pHBD would be but it is worth waiting.

It is going to depend upon a couple of factors. The first is can it get about 1 million pHBD in it. That is going to be the first step.

After that, can they get the word out that it is a destination to get HBD so people looking to get involved in the 20% savings can do so with some big money.

Those two things are going to be crucial.

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I think the first step is within the community's grasp.I am more interested in the second one which requires external big investors to jump in.

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That is going to take some refinements to the system. Somewhere we are going to have to get accounts, plus RCs, plus be able to provide the HBD.

A lot of work still let to be done. However, we are on our way.

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