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RE: What is the Price of 20% APR on HBD Savings? .:. Late Night Blogging

I know that you are loving it and everyone loves to get 20% doing nothing... But, are we ready to pay that price for sacrificing a "better good"?

Make hay while the sun shines is my motto.

This could be easily said also like: The end justifies the means, by Niccolò Machiavelli... I liked to quote him many times when I was a teenager and my thinking was long-term, as for the afternoon... 😂

But, running a business, and having an "unloyal" (or better said illegal) competition, made me change that opinion... HBD with 20% is competing with everyone else with a huge advantage... It can make damage to the whole ecosystem... I would rather sacrifice my $100 today for $10000 tomorrow...

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Like I said I have no qualms if it is reduced as I still think it is an unbelievable rate. But as for the competition and competing with other chains. Hive is small scale and whilst I love it, I don't see who we are competing against.

It should be set so as not to harm the Hive ecosystem I agree

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