RE: We Can Reduce the HBD Interest Rate

I think you're misapplying Greaham's Law when you suggest a distinction between shiny and dull coins. People circulated coins of lower purity and hoarded the coins which had not been debased when the law requird they be treated the same in commerce. People don't spend US dimes and quarters minted before 1965 even though they may be worn and dull because those are 90% silver, and the new ones are cupro-nickel.

I agree HBD interest should not incentivize a HODL mentality. Right now, the interest rate rewards HODLing above all else, and the conversion rate to HIVE suggests conversion is in order as well. I appreciate the HBD stabilizer project keeping things from going bonkers like STEEM did at least.