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RE: Hive Meetup Vienna: How to make Hive great again (MHIGA), Fix inflation, Hive Open Days (04/30–05/03) in Alicante, Spain
Is anyone able to briefly explain to me how higher interest on HBD contributes and how lowering the rate makes things better. I don't understand such thing but I'm genuinely curious if anyone is willing to explain briefly and simply
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2 commentsShort answer, HBD is not backed by a Dollar treasury like USDT but is only backed by HIVE, so when you print HBD you are actually printing HIVE at a very high rate depending on the current HIVE/USD price.
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