RE: With HBD At 20% Interest Will Everyone Abandon Hive Power?
You are viewing a single comment's thread:
I think a lot depends on how the crypto market does in the next few months.
If we see a prolonged bear market, people will prefer the stability of HBD and it's guaranteed interest rate.
If it's a bull market they'll hold Hive with the hopes of making WAY more than 20%
Posted using Neoxian City
0
0
0.000
Certainly you hit upon the prime use case for a stablecoin. That said, for the traders you are spot on. However, I am not sure the majority of people, especially those involved in Hive, operate in such a matter.
Most appear to be accumulate and HODL forever. If there is a lot of trading of Hive, it is off chain. That could change a bit, of course, with the emergence of HBD. And the 20% "parking spot" is nothing to sneeze at.
Posted Using LeoFinance Beta