RE: Recent Run In Hive Shows The Need For HBD
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I was thinking about that with hivepunks as well. However I concluded that even if punks were priced in hbd this wouldn't have prevented any losses in terms of opportunity cost. Either the value is stored as hive, or it isn't.
Nfts are a good hedge against hive volatility no matter what currency they are priced in.
Of course hbd is a great thing to have around. This is a base case showing the value of using witnesses as oracles via price feed. Stable value is fundamental across dozens of applications.
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Well from a newcomers perspective I would just it just depends on where you see the 3 day projections after the fact would be right? If we were looking at it in terms of hivepunks vs hbd. If you thought that hive would go up within 3 days then hbd would be the better purchase method and if you felt that hive would have gone down then hive would have been better purchasing method.
But seeing how nft's in this space are slowly being rolled out I'm sure many people moving forward will offer a choice or pricing in both for convenience sake and to give that power towards the consumer. Also I like that statement you made about nfts being a good hedge against hive volatility, but I think in terms of future it maybe the opposite as nft become more of a thing here, hive will be used as a hedge against nft's haha. It's a balancing act same thing happening in eth on opensea.
Just like in splinterlands you can convert either hive/hbd into credits rather easily I hope as developers create and build they make the option easier. Like in rising star although you can utilize and price in anything there are only 3 main scroll downs just simply adding hbd as a 4th scrolldown is steps in increasing awareness.
Ah interesting I just now noticed both of their front end shows leofinance hahaha so how come on yours it doesn't show anything? Does that mean all those that don't are on POB frontend and it only shows if people are posting on a foreign front end?