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RE: Hive Bonds: The Next Step In HBD Evolution

in LeoFinance2 years ago

I'm doubting that the US dollar will even exist 30 years from now. I think stablecoins are good way to defend yourself from short-term market volatility, but not somewhere I'd want to park my wealth for years or decades.

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HBD is not backed by USD. It is nothing more than a unit of measure.

HBD is backed by HIVE.

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But HBD has been engineered to mirror the value of one US dollar. If the USD collapses, what would happen to the value of your locked up HBD?

It would still pay you in HIVE. Whatever $1 worth of HIVE is worth, that is how much HIVE you get.

Of course, we have been hearing about the collapse of the USD for decades and it only keeps getting stronger.

So there is there.

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The united snakes dollar will persist, but, the federal reserve debt note is on its way out, imo.
Instead of the fed issuing dollars, the treasury will do it directly.
Thereby, the value created will accrue to the treasury, and not the private owners of the federal reserve, as was intended by the constitution.

The Fed doesnt issue dollars.

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Where does the treasury get them?