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RE: I Am #AliveAndThriving Today! || #IAmAliveChallenge || Daily Off-Grid Jungle Journal Entry: Day #1214 - 14,700 HP Surpassed, Hive Debt Is at 17.94%, and My Plan for HBD - Lower Puna, Far East Big Island, Hawai'i - Sunday, November 23, 2025

If everyone cashes in thier HBD or Hive IOU's or whatever it is being called these days, is that not going to cause an even bigger problem if it is debt owed by the platform to people?

Sorry just trying to create a clear picture in my mind of the issue.

Have a great day @tydynrain 😎


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Indeed, @benthomaswwd, if it went too far in the other direction, then there would be an issue, but presently we have an overabundance of HBD, and since the chain can only support a certain amount at a time, if it goes too high, then the haircut rule will go into effect and HBD will lose its peg to the dollar. HBD is basically an IOU for HIVE, kind of like what paper money used to be for the gold held in vaults.

No worries, brother, there are still a few things that I'm working to understand about the whole process too. 😁🙏💚✨🤙

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