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RE: Earning a Quarter of the Average Local Wage on Hive and Using that as Hive Marketing Material

in LeoFinance • 3 years ago

Yeah, sorry, I meant SBD, not HBD. The Before Time. ;)
If Hive went to $10, that would be awesome. A game changer for so many of us. But back then it was the SBD I think that really spiked and not the Steem (somebody correct me if I'm remembering wrong). At the time I didn't really "get" why it's better for SBD/HBD to remain stable(ish) and for Hive/Steem to be the one to spike, but now I get that, and I hope that it's Hive that continues to climb and HBD remains more of a stablecoin so that it can be used for payments and commerce, which is better for the chain overall!

3 years ago in LeoFinance by
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         3 years ago 

        haha, the short vague version I think is that if the stable coin isn't stable, fiat wins, well if it drops anyway. xD But it's definitely more complex than that.
        And also using it for services where value is not as volatile as you said.

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