18 minutes in is the 'progressive hbd lockup'.
I'd rather wait for this fork 6 months than wait for bonds more than a year.
Most of the changes seem to be highly technical, more code centered than financial.
Stinc kneecapped us while the base code wasn't ready for 6 figures of users, fine.
During those two years consolidation of power was encouraged.
That really didn't end until hive was forked away from them.
The top 20 curation accounts still account for more than 50% of the inflation occurring.
Bonds double the sources of inflation.
It makes passive investing more lucrative than anything to do with the rewards pool.
Investors won't have to play in the crab bucket to get what they bargained for, anymore.
Is the code still not ready for mass adoption?
If the base layer is capable of handling the rush now, then it makes more sense to me to hold back on the fork until we have good news for new investors.
Depending on the changes in the next hardfork, it could be closer to 2 years before we offer bonds.
I think I am safe in saying that the crowd would boo that contingency vigorously.
Those that know enough to care.
IDK, im sure luna will bust sooner or later and kill terra, neutino on waves start to bust waves.
Algo coins are all bottlenecked to fiat trades. If this line breaks, they become unstable.
And this causes panic. The bigger this shit is, the more dangerous.
If they have no other use cases, it is unlikely that they are sustainable.
Once more commerce is done in stable coins, they can go on for a long time.
The frn has hung in there.
We are getting pretty close with HAF, a good example is the chain chugging along nicely even though there's hundred of thousand of splinterlands users.
Yes, that is what I was thinking.
The chain is designed with scaling in mind.
I'd still rather not wait until the end of 2023 to have bonds on offer, though.
I wouldn't think they would add much strain on the system.