RE: Hive Backed Dollar-to-Hive Ratio To 30%?

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What do you think about possible regulations of the stablecoin?
https://duckduckgo.com/?q=stable+coin+regulations+are+coming

Some ideas are really scary.

The Biden administration is signaling to the crypto community that it's looking into regulating stablecoin issuers like banks, according to a Wall Street Journal report.

https://www.wsj.com/articles/biden-administration-seeks-to-regulate-stablecoin-issuers-as-banks-11633103156?mod=searchresults_pos5&page=1

Are witnesses ready to be treated like Central Banks? Maybe blocktrades, but not the individual ones. One company running all nodes is not a decentralization. I think that community should be ready to rid of the HBD. We should have alternative code

hbd debtratio leofinance mancave archon ctp proofofbrain neoxian palnet
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Are witnesses ready to be treated like Central Banks?

Why would have to be ready for that? To start, most of them arent in the United States. Secondly, witnesses only validate transactions, they do not create the stablecoin nor do they facilitate transactions (like a case could be made for Lightning Node operators).

Thus, HBD might be the only stablecoin that does not come under the arm of the regulators unlike Tether and USDC which have companies behind them.

Posted Using LeoFinance Beta

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indeed, we have to stop being afraid/intimidated by some people in the government (which is now harder than ever). The people have the power; just seems like this wasn't demonstrated for a long time so people forget that...

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Screenshot_20211007-091203.png

Thank you for this $4.20 vote this is probably the greatest vote I have ever had in my life I am just thankful appreciative and going to smoke a bowl in celebration.!

Really appreciate your support and thank you very much.

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You're welcome, wake n bake

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I'm definitely going to smoke a bowl to that and at 7:10!!!

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(Edited)

MK, you downvoting my commet does absolutely nothing to me. Why? Because your rep is 64 and mine is 74. Nothing happens to my rep. And I don't care about money or reward.

On the other hand if you comment or post, and I DV you at 100% your rep goes down real fast. You are a smart guy, I am sure you know this.

Again, I have a lot of respect for you, but if you want to play this game with me, I have no problem at all.

You have a good day.

PS.

These are the accounts you vote that no one else votes :)

image.png

I control much more HP than you do. Also the account that I vote, your $10 DV on them won't do anything to them. Are you sure you want to play this game?

There are other stuff I can do at the blockchain level as well, but I don't want to.

Again I have a lot of respect for you. Please lets not walk this path.

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MK, you downvoting my commet does absolutely nothing to me

so, you shouldn't worry about it

I'm doing it because you are downvoting my comments

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(Edited)

I am not! Cheers!

Just wanted to mention the consequences

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I see, when you are downvoting, everything is OK but when you get downvoted there will be consequences

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(Edited)

I only DV a post where there is a reason and there is some kind of abuse. Also I only DV using a consensus.

And even for me there are consequences, isn't that's the reson you are DVing me for months :)

So yes there are always consequences, even for me.

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