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RE: Hive Backed Dollar: Secondary Innovations

That HBD fee is actually a great idea. It helps simplify things for newcomers while not hindering those who are long-term investors and have staked Hive on their wallets.

With time, maybe those who are paying fees may want to learn more about the system and become long-term investors as well.

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Simplicity is what it is. Most are use to that so why fight it. The RC system is too complicated to explain. Let those who are interesting in learning about Hive understand it in time. As for those just looking to get involved in the yield offered through HBD, let them pay a fee per transaction to the DHF to operate.

Posted Using LeoFinance Beta

An interesting aspect of the fee concept is that it creates a direct financial incentive to power up and use RCs. The latter can be presented/explained as a way to avoid fees which would otherwise need to be paid. Essentially a fee-free "tier".