RE: HBD, Arbitrage, And The Internal Exchange

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So people have to be buying it now either for the 20% interest or for some current use case.

And the only other currency use case that stands out to me is putting it in the liquidity pool as pHBD.

There might be a few other apps using it as payment that I am not aware of. However, the options are rather limited at the moment.

Nevertheless, the 20% APR is a pretty good starting use case. Happy how things are unfolding so far.

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(Edited)

Others would be: Market making on the internal market or on other HBD exchanges. You can use it to create DHF proposals (burn) and if you're operating a DHF proposal you get paid in it and can use it to hold proposal project funds (w/stabilized purchase power) for expenses without needing to constantly do additional trading (into some other stablecoin or fiat). I think some on chain games/apps may accept it. Other than that, agree, not much at present. Yield is the main current draw. Future potential demand for HBD appears in the valuation of HIVE.

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Future potential demand for HBD appears in the valuation of HIVE.

That is ultimately true. I do see a massive future with HBD as a payment mechanism. Hive will always have a degree of volatility along with the potential of speculative gains.

For this reason, I think HBD can take over in the medium of exchange realm.

That alone could provide enormous use cases down the road. We will see how quickly developers integrate it into their applications/games.

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