Getting that 180k downpayment into HBD would be a feat right now. We really really need to up the HBD lIquidity game!
I know that crypto in many ways is nothing like banking but needs to adopt a bank like mindset, but as soon as I read this section, the old Who tune came to mind.... Meet the new boss...Same as the old boss. Really hope the decentralized nature of crypto can avoid this and is why we need to focus more strongly on decentraliztion than we alreay are. Problem is decentralization makes it hard to do banky like things :-) Tough dilemma.
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DeFi is going to overtake it. Ultimately, the banks will end up being nothing more than front ends. They will have control over those who allow themselves to be controlled. Outside of that, it is going to be tough for them to compete.
This is still the early days so the platforms are not set up. Give it another couple years and we will have a completely different situation.
As for HBD, there is about 140K put on the market each day by HBD Stabilizer. People just need to go to the internal market and start buying it. Sure you have to do it in 500 or 1000 HBD blocks, but it is there.
We need to get that out into the free float.
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I have hope that this is the case. I also have fear that without a change in people's desire to be ruled (I do see hitns of this -- just not quick enough for me), it will be a tough go. I want to see it before I get too old to enjoy the fruits of my labor :-) Haha! Selfish old me.
Yeah. Khal is right. Free floating the HBD supply and liquidity is crucial. Not just for polyCUB, but more importantly for HIVE.
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