@lerkfrendOnNoiseApp 24 December 2021 more from that month

i've been following a Hive token called SEED for the past few months, after semi-YOLOing into a small position upon reading the ideas of the person behind it, the Hive user empoderat. it's been going well it seems, though i'm not really here to talk about the token, but rather the comments section of the most recent SEED Treasury update. originally posted to LeoFinance, i'll give you the PeakD link because the images are more legible: https://peakd.com/hive-167922/@empoderat/seed-holdings-report-19-extended-review-of-all-assets there's a lot of good stuff there....but the COMMENTS SECTION IS WHERE IT POPS OFF now, what do i mean? first: i'm *not* talking about @trumpman commenting, 'Gay rug' because Hivians could see that coming, so let's back up a bit and ask, what are we doing here? in crypto i mean. crypto is a monetary mutation space, and we're trying *all* the approaches we can think of to create value. recently the witnesses upped the APR on Hive Backed Dollars (HBD) in Savings to 12%. user urun has some reservations about the approach. this starts an excellent conversation about 'how do you even stablecoin?' with multiple users making excellent points and honestly blowing my mind a little bit. check it out: https://peakd.com/hive-167922/@urun/re-empoderat-r4f670 additionally, urun later made a post of their own, summing up some of their concerns a little better: https://peakd.com/leofinance/@urun/hbd-converting-and-exponential-curve-behind image is empoderat nailing it with 'Hive itself is "the promise."'