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RE: What Is the Vision for HBD?
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
The design of HBD makes it loosely pegged to something. Despite the name having "dollars" in it, we can change the peg from USD to something else and potentially rebrand HBD.
If the argument is that stablecoins themselves, regardless of the peg don't belong in the crypto space, this holds some truth to it. But as long as we spend money in fiat prices instead of crypto, stablecoins are needed as a sort of bridge between the two worlds.