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RE: What Is the Vision for HBD?
personally, i think that commerce part opportunity's gone at least for several years. i also don't know who buys HBD, put in savings nowadays. Crypto is entering in a bull market, so everything else will be more profitable + the more important part: the dollar is in a downtrend, and i assume, it will go down for few years. (don't mention, it is losing the no1 fiat currency position very fast) So it can be an option max. in the US, where the $ is the currency, honestly, i don't see any good reason for that, even there.
compare to most of the other fiat currencies, $ lost 20%+ value in the last 3-6 months...
(including mine, actually, it is nearly -30% in this year) so what is the point in the 20% HBD interest???
i think, until $ stabilization and end of the crypto bullmarket (what is just starting) pointless to talk about it.
actually, i think about that, what will happen to stablecoins, HBD, when the dollar collapse. my personal opinion, within 1-2 years nobody will use any stablecoins, definitely not the dollar based ones.
I agree with your opinion on HBD versus volatile coins during the bull market that we slowly enter.
That is why, for my personal Hive goals, I add more HIVE (Power) than I do HBD. But the principle is the same for any other coin or token that is expected to appreciate during the bull market, unlike a stablecoin.
Your remark that USD is losing ground is correct. We should also remember that it starts from VERY high ground, so it has a lot of room to go down and still retain global dominance (for a good while), even if not as strong as in the recent period.
yes, that's true, but regarding commerce, it doesn't really matter where from it starts. the point: it won't be used by other nations so much how it used to be, every country is getting rid of USD reserves, and buying gold like hell.
https://data.imf.org/regular.aspx?key=41175
https://en.wikipedia.org/wiki/Reserve_currency
only eur is losing its value faster than usd, especially in reserve currency status.
i wouldnt be surprised, if global usd reserves would lose 50%+ in the next few years. so who would use a tide to usd 'stablecoin'??? (outside US) time scale is always a question, nobody can predict that.
and what it means to Hive blockchain, if hbd (generally stablecoins) would become worthless??? thats my question
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