I have no idea what's going on however I do like interest and 17 20%, whatever it doesn't really matter...
I'm doing so awesome as it is.
I'm just actually really happy to be financially in position to put my hbd in to savings and watch it grow.
I'm not exactly sure what's going to happen however while this large interest rate is around I'm going to enjoy it as best I can
I guess my only real thought could be isn't that the reason why we have Hive and hbd so that we have a stable coin as well as stock in our ecosystem?
Anyway thank you very much for your post today I really appreciate it!
I'm not saying people shouldn't go pocket the premium just that it's a rare situation that can only work for a short period under some unique circumstances everyone's allowed to do with their money as they like but there no magic money maker
Comparing it to other interest options isn’t a straight comparison and people should know what they getting into before they just jump in I saw a lot of people saying oh it’s risk free it’s safe since it’s on chain and I thought that was misleading
From what was explained to me it’s more of a function of the chain trying to keep a certain ratio rather than people borrowing and lending
It’s more rebalancing of value than a real capital market