Is centralized stablecoin much better than decentralized stablecoin?

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A censorship-resistant stablecoin is now a buzzword on Twitter recently, Hive Backed Dollar is the closest meaning to the definition of the censorship-resistant stablecoin. The number 1 goal of censorship-resistant is doing it the right way by being decentralized first, avoiding any centralized factor like Initial Coin Offering, Venture capitalists, or Founder's stake.

We found the tweet of Lex Moskovski that we can promote our very own Hive Backed Dollar

https://twitter.com/mskvsk/status/1562524496136835074

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This is the proof of my participation, I want to encourage and we can leave a proof link on the comment below for a bonus Hive upvotes from us together with @diggndeeper.com.

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5 comments
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It doesn't matter how stable it is, l personally do not like things that are more centralized. Thanks anyway for sharing.

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Great to have you here and keep up the great work you are doing for Hive <3

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Is there a debate as to the decentralization or censorship resistance of the #Hive HBD stablecoin? I think you would find that to be the winner.

— DiggnDeeper (@Diggn_Deeper) August 29, 2022
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