RE: RE: The Future of Stable Coins

These assumptions are very unfound, unclear and unrealistic.

The assumption that the majority of HBD will be converted to HIVE is based on the FACT that the vast majority of SBD was converted to STEEM and the vast majority of HBD was converted to HIVE.

There is six years of data demonstrating this. And, yes, I understand that it is an assumption. It is like the assumption made at MacDonald's that people will continue to eat hamburgers with fries.

The statement that "55000*1/0.453 = 121412.80" is something called math.

Yes, I read the Principia. I understand that mathematics is based on a huge number of assumptions. The people who created the computer I use were comfortable with math to put it inside the computers that they build.

Quite frankly, if mathematics didn't work, you wouldn't be able to read messages on HIVE because they are encrypted and decrypted using this thing called math.

The claim that people stopped sending money to HE after the interest rise is based on my following the transactions on Honey.Swap which is the primary mechanism for sending funds between the HIVE and HE blockchains.

There were also accounts that sold their HE holdings, transferred the money through honey.swap and put the funds in HBD.

This statement is demonstrable (assuming of course that the dark arts of mathematics continue to hold true for the remainder of the week.)

I agree that the HE market was saturated. The reduced flow of funds caused coins like POB to go into a free fall.

One could also ask about 15%, 12%, 10%, 2% bringing any value to the blockchain?

You are completely correct about that statement. The interest rate on HBD doesn't bring anything at all to the blockchain.

The 20% interest is extremely dangerous because it rewards HBD at a higher rate than HIVE.

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