The major concern that was expressed is the fact that creating so much HBD could make the ecosystem vulnerable. There are many who focus upon inflation and not growth.

My view is the risk is mitigated by the fact that a lot of HBD will be locked up in a time vault. If one chooses the 30 year bond, then that HBD is off the market for 3 decades. Yes it generates more HBD, at a rate of .35 HBD per year. However, some of that will likely be reinvested.

Another concern is liquidity. That is where the HBD deposited needs to spit out another token which can be traded with the time stamped information tied to it. Hence we can create a secondary market which gives liquidity. Nobody is going to lock up HBD for years if there is no way to operate in a liquid manner. Having a "bond token" is what can allow someone to sell it if need be.

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