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RE: HBD (HIVE Dollar) : The Ultimate Investment for Passive Income
It remains an algorithmic stable coin that fundamentally isn't really backed by much. It all works until it doesn't anymore as seen with what happend to Terra Luna. Just speaking for myself, holding HBD to get the 15% APY feels like picking up pennies in front of a freight train.
All this said, I still very much enjoy Hive as a platform and hope there will be a time when a real bull market and some crazy adoption takes place. It's nice to see many new names recently.
0E-8 BEE
It’s odd to me how most our community is just going along saying price go up, while hive is way below its 2022 bottom of .26 cents when bitcoin was 15K & most crypto’s were 80% lower then today. We are literally in a bear market below last bear low. It’s just odd to me how most ignore this and keep saying hive will boom before end of cycle. It’s been obvious it won’t. I love hive community, but we have bled users and DHF is printing more HBD then stabilizer can handle without crushing Hive.
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