RE: Can We Please Not Use Hive Reward Pool For Another HBD Stabilization Attempt?
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@timcliff want to jump in and clarify?
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You are viewing a single comment's thread:
@timcliff want to jump in and clarify?
Timcliff is awesome! Just a difference of opinions here, nothing else.
But didn't the top witness just not add interest on HBD in order to solve the peg issue??
lol. that's actually funny. I don't want to comment on this. It will get me in more trouble. :)
Hahaha okay xD
I am just a user, so I have no idea if it works haha xD
Thats just what I heard :p
@cwow2 and @geekgirl Everyone here is making valid points and it is a healthy discussion. Nobody (that I'm aware of at least) is offended :)
@blocktrades already made a reply that is the top level comment to this post that pretty much sums up my view. There are also some "FAQ" questions in the latest post which address the same questions there.
This is going to be a controversial topic. There is a fairly high consensus among the stakeholders right now though that this is the right approach to take. If it works, ultimately it means a higher price for HIVE which actually adds more rewards to the rewards pool in the end.
I am not aganst this at all, but wasn't this the reason for the hbd interest?? xD
No, quite the opposite actually. HBD interest actually generates more demand for HBD which drives the price of HBD up. The idea is more demand for HBD -> more ability to buy HIVE with HBD -> higher HIVE prices (in theory).
Ohh. I got it backwards :D
It kinda make sense in theory, but what if people are starting tl hodl hbd? I mean, I hold way more hbd now than I did before and is only going to sell for hive when I need hive xD
Either way, if your way can work I am all down for it :D