RE: Is It Time For A Hive Certificate Of Deposit?
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In traditional banking when the deposits are accepted, equivalent % of loans are disbursed to generate income on those deposits. What would be that corresponding source of income to pay 20% interest
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It is no different than what savings is doing. There are no loans to pay for it, the difference is in the creation of HBD. We are woefully under-represented there.
Hence we need more units out there to operate. Right now is fine since there are few HBD use cases but that will not always be the case.
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