RE: HBD: A Safe Form Of Money With Little Counterparty Risk

I think the important part here is that HBD scales with the overall value of HIVE. We can't have HBD become a runaway success because the blockchain itself will put on the brakes. However, if we want to push HBD, we also have to push HIVE, which is a healthy growth. We would be increasing the value of the underlying asset, HIVE, in order to grow the amount of HBD.

Plus, HIVE has actual value in that we want, as bloggers, as much Hive Power as we can earn. Not everybody follows this, obviously. But, enough of us do that we are willing to invest fiat into our stakes.

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