Well, HIVE's value is directly linked to the US dollar, as is that of HBD, all fiat currencies are based on unpayable debt, and HBD is HIVE debt, so the whole thing in its current state is one big debt black hole. 😁🙏💚✨🤙
Delegating HP has many benefits indeed.
!ALIVE
!BBH
!PIXY
!UNICOIN
Indeed. No sustainable system can be built on debt, period. 😁🙏💚✨🤙
!ALIVE
!BBH
Not to mention double debt or even triple debt! 💸
I wonder if there can be any algorithmic stablecoin/stabletoken that is not debt like Hive-Backed Dollars (apart from what you say that fiat currencies are debts). 🤯😅
!PIXY
!ALIVE
The US dollar, along with many other worldwide fiat currencies, will very likely going back to being gold backed at some point soon. If and when that happens, it changes the game substantially. 😁🙏💚✨🤙
!ALIVE
!BBH
!PIXY
How about Bitcoin which its supporters say is "digital gold"? 😅
!PIZZA
!PIXY
Well, BTC is actually very much like gold. It is a real currency, just way more easily transferred, so it's the closest to digital gold that we currently have available. By the way, this was the first of apparently many comments that Engage didn't catch, probably due to the RPC-node issues. 😁🙏💚✨🤙
!BBH
!PIXY
!PIZZA
There's only the issue though that in places where Internet connection is unreliable, it's hard to pay with Bitcoin (or any other cryptocurrency). 🤯
!PIXY
!ALIVE
That's where mesh networks come very much in handy. 😁🙏💚✨🤙
!ALIVE
!BBH
!PIXY
!UNICOIN