
BeautifulInfluence51
u/BeautifulInfluence51

Can someone steelman the argument why HBAR is inflationary, or the counter argument of why it is not? Given the fixed supply was known from day 1, and we are just seeing changes in circulating HBAR, is the "inflationary" tag just another angle to attack Hedera or just misguided/misinformed on what inflationary means? I'm not an economist, so no idea of the nuances on the topic, hence the post.
Requisite non-FUD note: holder since Aug 2018, think the world will run on Hedera.
Not sure anyone else caught the nuance in Leemon's recent interview. Perhaps he misspoke, but he said regarding GC term limits:
"... and when we get to the full 39 members, you only have 2 terms you can serve, of 3 years each."
https://www.youtube.com/watch?v=80JE6BZzyPQ Around 12:00 mark.
We know filling out the GC hasn't gone as quickly as everyone anticipated, Mance and Leemon included. But we also know there's a healthy pipeline of potential GC members, and likely 2 already confirmed.
Maybe I'm reading too much into it, but sounds like they are trying to avoid any existing GC members rotating out until the GC is full? Perhaps a

My 2 hives got decimated this week. Yellow jackets robbed one, and the second abandoned ship around the same time, leaving 4-5 frames of honey behind. Sad days.
- will the honey "keep" over a subzero winter?
- anything I could have done once the yellow jackets starting their invasion of give #1? Entrance reducer was already in place.
Edit: no capacity to freeze frames temporarily, but cold snap imminent.
I know Swirlds did a POC of Hashgraph with a Credit Union consortium to prove out the tech in a private network before moving onto creating Hedera public network.
Does anyone know if this is still actively in use, the TPS, number of validators etc? Info is very hard to come by, understandably so.
Has anyone had issues withdrawing from Bitstamp to an external wallet? My small test transfer didn't make it through, so trying to see if it's just me or teething issues with the new addition to their platform. Support ticket is pending.
If you've successfully had a transfer out, that would also be a good data point.
Finally a legit way to acquire HBAR for NY residents! Can't wait for it to go live.
And this just days after Gemini again responded that they have no plans to add HBAR. Their loss.
Realize this may be a sensitive topic, even given Reddit anonymity: for everyone that has their HBAR stored on a Ledger, do you have any concerns about it all stored in a single wallet?
I'm not concerned about a damaged Ledger as I've followed something similar to this post to ensure my recovery phrase is truly recoverable. https://www.reddit.com/r/ledgerwallet/comments/83ecqy/how_you_can_store_your_recovery_words_very_safely
More the question of having it in a single wallet backed by a single recovery phrase. And multiple wallets on a single Ledger doesn't count IMHO. Looking for ideas how folks are securing the HBAR for the long term.
With all the hubub over increased regulations, and KYC coming into play, how does their HH "path to decentralization" get impacted? Would they potentially need to have KYC for anyone that wants to proxy stake or run a node, and thus truly anonymous nodes are no longer possible? The decentralized Maxi's would have a field day, but would companies deploying on HH find that to be a detriment, or not really be that concerned?
Personally, I think it's pretty decentralized at the moment, and will get even more so with trusted/KYC nodes. The compelling nature of the network (speed, security, cost, governance) will be the biggest attraction to adoption. But I'm just a barbarian with high hope
I preface this post with: I'm based on the US, have little corporate tax knowledge and understand there are still many unknowns around economic rewards of staking ...
Say you have acquired a decent bag, 10k, 100k, 500k whatever is appropriate for your investment strategy. We know that proxy staking is going to be very small rewards ("little effort, little reward" to paraphrase Leemon). So in order to get maximum staking return you will want to run a node… which is one of the main incentives to get thousands of anonymous nodes on the network.
I see 2 main options here - a decent TBD spec PC at home dedicated to running a node, or spinning up an AWS/Google cloud node. Either will cost som
What happened to those, thought there was a lot of really good work/info put into them recently. Hopefully not wasted efforts.
An interesting interview with Sergey Nazarov, the Co-Founder of Chainlink. I first listened to it early May thinking of them as interesting complement to HH, takes on a whole new light with the recent council addition. Now a partner. Win!
Note: 3 hours long, wide ranging discussions on trust, truth, Defi, smart contracts, AI, Bitcoin, Eth, Satoshi. No mention of Hedera, but since in discussions for council, in retrospect that's not a surprise.
