The main reason people are not too moved about Hbd is because of what happened to Luna and most people have been trying to avoid anything that is too good to be real.
I believe stable coin like hbd that is fully decentralized can help currency like naira to reach greater height
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The deal with UST is completely different. To start, there was not really much of a use case for the backing coin. With $HIVE, we know there are a number of reasons to hold it.
Also, they didnt have any of the built in measures that HBD does.
So we are operating at a different level. It will take people a while to realize that.
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It’s not as different as you think. Come on, you know there’s risk friend. Don’t you? Not to mention it’s been made clear crypto APR rates much higher then regular banking rates will be taxed as income. The IRS is going to have a field day reading these comments years from now. I think that troll who keeps commenting it’s not gonna end well had a few fair points.
This makes hbd completely different but many people don't know this
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@geneeverett
Mind linking where you saw this story? About the USA government looking at taxing this as income and not as regular #InterestRates?
It’s not passed law yet. Just what is being discussed. Unfortunately they will make way to HBD. For now bigger fish to fry coming.