The HBD page on Ausbit shows that there is only $9,088,210.263 which is chump change to banks. We aren't even a rounding error to the Federal Reserve.

The reason it is so small is that a large number of people just use the "convert" button to turn their HBD into HIVE. This destroys the HBD and creates HIVE in its place.

If HBD savings grew to $5 million; then the high interest on HBD would start creating 1 million HBD a year.

The whole reason HIVE is able to get away with the high interest at this moment is because the supply is low. But the high interest rate will change this.

!pizza

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