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RE: Brainstorming possible changes to blockchain economics — on the dawn of a new chain's birth

in OCD • 4 years ago

One of my main concerns are Hive Backed Dollars, since they will insta print 6,695,254 Hive Backed Dollars. Considering how broken Steem Backed Dollars were I just don't know how will those broken mechanics suddenly work on Hive. And those who own SBDs will suddenhy have double the money if the price of HBD stays around the same area.

4 years ago in OCD by
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     4 years ago 

    That's a good point. After I finished this post I started thinking about SBD/HBD more. Seems totally broken, and I'm not even sure how to address that. I probably need to learn more details of the code in order to speak on that. Needless to say valuation will be pretty screwy for a while. !engage 20

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     4 years ago 



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