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RE: RE: The Hive Lending Platform
25
@taskmaster4450le
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1 min read
I want to read more about the details of the operation of the derivative of HBD on the second layer.
Have to have it built first.
Monetary transformation? Do we have examples of this in traditional finance?
Fed reserves to banknotes to digital dollars. Digital dollars in a bank to banknotes.
US Treasuries to USD. Assets suck as interest rate swaps into Eurobonds.
The form of money is transforming but is not actually changing anything. So a bond bought with USD doesnt change the money supply yet does offer a unit of collateral which is vital to the banking/financial world.
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