I have sometimes said I think we don’t need HBD on here as well it moves way way away from peg many times in past. So it’s been something I’ve just thought since Steem Days.
I gotta say the new system is working well. I was slightly critical suggesting when some praised it being over .93 cents the last crypto correction. I said $.98 - $1.02 range had to hold. But obviously it’s going to take time and so far it’s in a tight range. I think I gotta change my mind. At this point the 10% interest doesn’t cover inflation but as a tool it’s on its way to being something stable and use when we need such a token.
Cheers to HBD and I will gladly eat crow on being wrong on it. At least for now.
