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RE: Hive Backed Dollar: Secondary Innovations

The problem with HP and only it granting the privilege to use the chain is that under that system there is no clear sink causing demand for space on the blockchain to create a continuous demand for HIVE or HBD.

That is true but it is where the applications come in. What is built on Hive is responsible for expanding its user base. Isnt that a business 101 basic? Grow your customers.

With all that is being worked on, I have a feeling that we will see this changing. There is a lot of focus upon things that will have appeal to people outside of Hive. It is just a matter of getting those things rolled out.

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Growing the user base makes perfect sense and should be priority #1. But I think there is utility in a mechanism that keeps up demand for HIVE and HBD even if the user base is shrinking. Such a mechanism helps stabilize both currencies.