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

in LeoFinance2 years ago (edited)

Not when HBD stabilizer needs to artificially keep price at a buck and it’s moving 10% a day randomly. It’s going to hurt our reputation if something goes wrong. I think it’s going to end badly.
I’d love to be wrong but I don’t think I am. Well I guess nobody thinks there wrong but I know what I mean. I just think the ideas here of backing HBD are gonna end so badly.

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Well, you can never tell what the future holds, time will tell. But for now I trust the process and I don’t see anything wrong with it. But like you said, I might be wrong. Let’s just keep our fingers crossed and see how it goes.