RE: Hive Bonds: The Next Step In HBD Evolution
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Sounds awesome until we realize the fact HBD can grow sustainably only when Hive grows at the same time, those two are bound to each other and no external tool will work other than organic growth of the network.
Healthy financial might be build only on the top of healthy economy. This is what traditional-finance people forgot long time ago...
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If HBD grows in total value, that cannot help but to push the value of HIVE higher. There is a relationship especially when we factor in the conversion mechanism. While that might not be the most used tool down the road, it does allow for the community to constantly adjust the amount that is outstanding.
With HBD though, it doesnt really come down to value as much as transactions. A stablecoin is not dependent upon market cap but uses. So yes we need organic growth in the system, more uses cases for HBD. As those develop, the "value" the token provides to the ecosystem expands. This will only help the value of HIVE on the open market.
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