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RE: HBD Partial Insurance with BTC - Proposal to Print 1M USD of Hive

in LeoFinance2 years ago

I am very excited about all the attention being given to HBD. I see a great marketing move backing HBD with BTC. It would definitely attract a lot of eyeballs.

I worry about how much BTC would be bought if HBD were to grow like the other stablecoins. A billion cap HBD how much would you need in BTC, wouldn't this empty the DHF with BTC buying, after buying 1 million in BTC, would more be bought? I don't feel very comfortable using the DHF to buy other cryptocurrencies; I say this if it would have to become constant with new proposals.

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