The old king (UST) is dead, long live the king (HBD)!

Not kidding

The talk of the town has been about LUNA and USTerra this week, and I understand that. But the fast growth of this project should have raised some eyebrows with people. Sadly some people over here lost a lot of money. And I feel really sorry for them. But, the reality is, the LUNA project is dead and buried, despite whatever they will try to revive it.

It is obvious that malicious firms took advantage of the vulnerability of the algorithm and that is really sad. But that’s just how the world of money works. There’s no room for sentiment, and every flaw in such a mechanism will be exposed sooner or later. That’s completely to blame on the developers and team behind LUNA and UST. They are responsible for the safety of their product, nobody else.

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Now comes HBD into play, of course HBD won’t replace UST in market cap, and that is not necessary too. But people that are into stable coins on this platform, should start to realise that what we have here is of great quality and the mechanics behind it are extremely safe and ingenious.
So why go abroad if you have everything you need right here?
Hive Backed Dollar and Hive will profit from this and will gain popularity and influx of money like never before, the new king is here and here to stay!

Sincerely,

Pele23



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8 comments
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Whoever is directly controlling the V2K told me to kill myself.
They told me if I killed myself now it would save the lives of countless others.
Saying the longer I wait to kill myself the more people will suffer.


They are reckless and should have shown the proper media what they had before taking me hostage for 5 years. I know there are many in prison that dont deserve to be there because of this. Your stay in prison will not be fun @battleaxe and friends. People are going to want you dead when they find out what you did. I hope you die a slow painful death. You sick mother fuckers.

https://peakd.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem

Its a terrorist act on American soil while some say its not real or Im a mental case. Many know its real. This is an ignored detrimental to humanity domestic and foreign threat. Ask informed soldiers in the American military what their oath is and tell them about the day you asked me why. Nobody has I guess. Maybe someone told ill informed soldiers they cant protect America from military leaders in control with ill intent. How do we protect locked up soldiers from telling the truth?
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Whoever is directly controlling the V2K told me to kill myself.
They told me if I killed myself now it would save the lives of countless others.
Saying the longer I wait to kill myself the more people will suffer.


They are reckless and should have shown the proper media what they had before taking me hostage for 5 years. I know there are many in prison that dont deserve to be there because of this. Your stay in prison will not be fun @battleaxe and friends. People are going to want you dead when they find out what you did. I hope you die a slow painful death. You sick mother fuckers.

https://peakd.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem

Its a terrorist act on American soil while some say its not real or Im a mental case. Many know its real. This is an ignored detrimental to humanity domestic and foreign threat. Ask informed soldiers in the American military what their oath is and tell them about the day you asked me why. Nobody has I guess. Maybe someone told ill informed soldiers they cant protect America from military leaders in control with ill intent. How do we protect locked up soldiers from telling the truth?
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(Edited)

If I where to use a so called "stablecoin" (The only thing that is stable about the dollar and fiat money is that it falls in value all the time), then I would prefer Hive Backed Dollars (HBD), it seems like it is holding the peg for the most part and you can make 20% APY on it!!

So we agree @pele23 HBD is the best so called "stablecoin".

Richard Heart said in a video today that he might make a stablecoin in the future, I think its a kind-of money grab, we have HBD for that... personally I dont need a dollar pegged coin, I like to have my money in the best cryptocurrencies ever #LASSECASH #HEX #HEDRON #PULSE #PULSEX #LIQUIDLOANS

Posted using LasseCash

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The kind is here! The king is here! HBD!! :)

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TBH I prefer HBD growing under the radar for now and coming up slowly. We definitely don't need to replace UST to succeed, and I know our developers are constantly considering every outcome when setting an APR

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HBD is great but I think the liquidity is a bit lacking. You can wait for the internal market to get HBD from the stabilizer but that is slow. Or you can opt-in for the pHBD pool but I think even that has it's limits on how much you can buy without getting a ton of slippage. There is just a lack of HBD.

Posted Using LeoFinance Beta

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