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RE: Use HBD For Payment At 44 Million Locations

in LeoFinance2 years ago

Initially I was somewhat annoyed with all of the efforts to peg HBD, and I still would call it.. Stable-ish, but I was wrong and I really love where HBD is and where it is heading.

It is nice to see that piggy backing you speak of and I know exactly what you mean. Now it will be good to go through some down times as well for better testing.

Thanks for promoting HBD and explaining it in segments, I've enjoyed your HBD series.

Posted Using LeoFinance Beta

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Initially I was somewhat annoyed with all of the efforts to peg HBD,

That is because we are not taught how money or the banking system really works. We believe what we read online or see on CNBC or what the econ professors spew. None of that is applicable. We have a much different system truly running the show as compared to what we are taught.

HBD has an important role to play. There is no arguing we are at the point of stabl-ish as opposed to stable at this point. There are valid reasons for that.

  • listing on few exchanges so the price on Coingecko is volatile. The internal exchange is more stable

  • the amount of tokens out there. We are still dealing with a very small float that can lead to volatility.

These are things to be worked upon. For now, use cases and discussion to have it get into people's head to use HBD is the path to follow. Developers are building stuff. Hopefully a lot are going to implement HBD.

Posted Using LeoFinance Beta

Yeah, would love to see some apps start using it again.

Posted Using LeoFinance Beta