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RE: Some Thoughts On Hive Backed Dollar (HBD)

in LeoFinance3 years ago

Very good article, I like to read them to learn more about the HIVE ecosystem, you have my vote.

I have another opinion
For me the maximum 10% emission of HBD is fine, since that emission is expansion of money based on the total Hive.
This is fine when the currency is on the rise, but in times of correction if the issue is not corrected it would generate inflation.
And in corrective cycles it can enhance the falls.

Thanks

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When the correction hits HBD stops getting printed. Its sad and we don't like it but it fixes the problem.

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