It was sick of listening to all the fud!
Some people are very short sighted when they see a change in the price of a token. Whether it is Bitcoin, Hive or HBD.
Tokens can vary in price minute by minute but what doesn't change is the fundamentals underlying the token.
Bitcoin and Hive are established projects with many use cases already with many more projects that we are developing and discovering daily.
HBD is an algorithmic stable coin which has been designed from the start to break it's $1 peg if the Hive debt ratio gets to high.
This is a feature not a bug
We have very experienced developers in the hive ecosystem who have been in crypto from the get go. We see the errors in other tokens and adapt our environment to avoid many pitfalls that destroyed other tokens.
Luna on the other hand was from the outset a ponzi scheme from what I've seen, with no other purpose than to inflate the token price. It's sad of course for those that lost money in the collapse but as the saying goes.
"If you haven't lost money in crypto. You're not in crypto"
The biggest advantage we have over many other projects is our community.
The Hive community has been battletested.
We started Hive with a price of zero. Even at $0.10 we are miles ahead of where Bitcoin was in its first years.
We have seen off hostile takeovers. We've seen off many reward pool thieves (there will always be theives but we know who they are)
Our community owns this economy. We do not have venture capitalists.
We build this system and no one can take it away from us.
If you are new to Hive there is a lot to learn and we have excellent help and training. Check out the Leo Token Economy on leopedia.io for a detailed introduction to the @leofinance suite of products and enter the world of defi right here on our own platforms.
I think we have a lot to be proud of in our community and it's time to strut our stuff. Just like that peacock.
Forget what's going on out there and focus on building your stake in a battletested system that we own.
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Hive is different from other crypto projects because we own it lock, stock and barrel.
No one can rug pull Hive. 👍
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