RE: What Gives HBD Value: Investing And Funding
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O yeah, because HIVE, bitcoin, they were created for speculative Dollars.
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You are viewing a single comment's thread:
O yeah, because HIVE, bitcoin, they were created for speculative Dollars.
They operate more like stock as compared to currency. There is not the store of value that is traditionally attributed to currency.
The idea of HODL when shows the major difference. Currency is more about utility and use cases.
It is probably why nothing outside the stables had even come close to be used for regular transactions.
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Both were created to Store Value as opposed to Destroy Value, which is exactly what every inflationary currency has done. The only reason why things like Shift aren't everywhere, where you can pay directly with bitcoin is because they aren't allowed, not because there's no utility.
I'm all for Fiat, as it's kept in check by bitcoin and the like, in that respect, hbd and anything tied to valuation in fiat, directly, or otherwise is inherently betting against bitcoin and the native currency as inflation scrubs value by design.