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RE: What is the Price of 20% APR on HBD Savings? .:. Late Night Blogging
The conversion mechanism should fix certain issues when the price start dropping HBD for HIVE... But, even if that part works, I still think that HBD is taking a lot of value from HIVE... And that makes more damage at the moment than we can even measure... The social aspect of the network is going into the background and that is the purpose of HIVE... Isn't it?
0.00038625 BEE
The things we build on top of the blockchain, including social, is the purpose in my opinion, and the monetization is there to pay for it and incentivize users, which leads back to the value of HIVE being under pressure due to too much focus being on earning interest on HBD rather than building value for HIVE itself, the fact that the price of HIVE has not dropped more is a show of strength though, so with less pressure from HBD interest it might have gone up quite a bit instead.
!ALIVE
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