You nailed it with this comment. You are right about central banks. There are many things that influence their decisions, many of which takes them away from concentrating on the elasticity of the money supply. And yes the Fed has become politicized.

HBD's greatest value is that it can expand and contract as needed. With the ability to convert, we will see the value of Hive potentially moving due to this.

If HBD can increase in value, through creation and economic activity, we could see it push the value of Hive higher.

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