It was good to see several witnesses in the Town Hall hosted by @shadowspub today in the Hive server - that I eventually got in to.

I get a kick out of @themarkymark and his intelligent humor. It was also good to hear @techcoderx, as I don't think I've ever heard his voice.

There was lively discussions on HBD and the stabilizer, which I bitched about a few weeks ago in a post.

There was also talk of whether or not the DAO itself is cause for any price fluctuations in our native currencies. I personally don't think there is directly, but it does impact a few things as people can't very well pay the electric bill, buy groceries or put gas in their vehicles with HBD. Well, at least in most parts of the world. There may be a few. After swapping around a few things, you'd never have to turn it to fiat for groceries here. The electric bill and Internet though? Still waiting for that.

Biggest Takeaway

I went into Mattermost a couple years ago and dropped a squeaky wheel that got oiled. Adding interest to HBD. So far, this has worked well internally, but we have not gotten the flux of investors I was hoping.

I think this is due to it's limited availability. It is only printed for certain things, and, especially now, it is harder to come by and earn.

So the light bulb went off today in the chat.

Why not lower the interest on HBD and raise it on staked HIVE???

In hindsight, that's what should have been done, all along, with the HBD. My argument was that some chains offer up to 15 percent! Some are even higher and have far quicker unstaking times.

So -

What incentive is there to lock up HIVE for 13 weeks at 3%, when I can trade the HIVE for HBD, get 15% and have access to it in 3 days?

Seems counter productive, doesn't it?

So, I propose(d) we drop the HBD interest rate, and significantly increase the staked HIVE (HP) rate.

Think about it. If people were getting 15% from a long term hold, that say, wouldn't kick in until 3 months of staking, at a minimum of 1000 HP total, but it was worth the rate, I can almost guarantee that the price would be much more appealing too.

There would be a reason to buy it. People would onboard. Real investors. And, they would HODL HIVE.

Not because of Splinterlands - which is all but detached from Hive anyway with their other purchasing options.

Not because of 3Speak, that still needs many a thing implemented to compete with other major video platforms like TikTok.

Not because of some code that only five percent of the population can understand what it does, let alone read.

But, because they would be invested in the future of Hive.

That's what the argument always is, right? We don't have investors?

So if I do some mental math, to counteract the sell pressure of HIVE to obtain HBD, I say drop the rate of HBD to 7.5%, and raise the accrual on people's stake(s) to a minimum of ten percent. 15 would be a sweet spot as it doubles what one would get from the HBD, making the compounding effect far more appetizing to a true investor.

I like to invest in things. I've already spent over a grand buying HIVE since it hit $0.08 USD. #firesale 😜 Anyhooz, hope y'all REMEMBER TO BE YOU! I always am, because who are you anyway?