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RE: I Am #AliveAndThriving Today! || #IAmAliveChallenge || Daily Off-Grid Jungle Journal Entry: Day #1322 - Generating and Sustaining Value in a Declining Financial Framework - Lower Puna, Far East Big Island, Hawai'i - Wednesday, March 11, 2026
They could solve the problem with the financial unstability very easily on HIVE But are choosing to do nothing about it.
There are whales on HIVE that could also help but choose not too.
Also is HBD even actually pegged to the dollar or are they just saying it?
The truth is to truely peg a digital token to any asset you must also buy the equivalent asset when minting a new token.
This means for every HBD minted a fiat dollar should have been purchased otherwise it is a bullshit peg and a bit of a scam.
People got to stop with this scamming activity of not implementing the tokens correctly.
If someone says this whatever token is pegged to whatever RWA or digital then they best be buying and holding it in a vault that has to be auditable.
Wonder if whales on Hive are even paying tax on their digital earnings? 😉
If they are not and their government finds out, guess who is going to jail. 🤣
We are on the right path setting things up as they should be just gonna be a slower but more stable ride.
If Hive was to fall further down the line, at least we will have the assets to rebuild elsewhere although that would be sad as i want HIVE to succeed we will have a back up in place, so we don't lose everything.
Have the best weekend
@tydynrain
What the hell was your friend eating to get rat lung worm?
May want to look into that as it can be spread by certain raw or undercooked meats, also slugs and snails as well as unwashed salad items.
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indeed, that does appear to be the case, @benthomaswwd. This situation could be resolved, but it continues to worsen.
Well, there is a difference between backing and being pegged to the value of another asset, with one requiring the backing assets to exist for circulating asset supplies, while the other does not require backing, but rather a means of maintaining value parity with the source asset. Also, backing an asset with a fiat currency, which is based on debt, is not a good idea. HBD maintains its peg to the US dollar simply by @hbdstabilizer buying or selling HIVE and HBD on the internal market. If the fiat value of HBD goes above $1, then it sells HBD, and if it goes under $1, it buys HBD.
Regarding taxes, the vast majority are unlawful, and governments have no right collect, or to enforce the collection of them. Government should have nothing to do with our personal finances.
Yes, I believe that you're right, Ben, setting things up the way that we are will be well worth the extra time.
On the possibility of Hive failing, I really, really, really don't want that to happen, but if it does, we will regroup and rebuild somewhere else.
Rat-lung worm is common here, and is usually contracted by eating fruits of greens that came in contact with snails or slugs. I've had it twice in my 7+ years living here.
Have a beautiful Saturday, brother. 😁🙏💚✨🤙
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