It's a gamble that they take, by locking up tokens in hbd you are providing a sink for the tokens. If the value of hive climbs, they stand to lose substantially, if they dump, they break the peg and lose the confidence in HBD, if the dollar becomes Bunk, they lose everything.
RE: If I Was Still On Hive
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If I Was Still On Hive
It's a gamble that they take, by locking up tokens in HIVE-STAKE you are providing a sink for the tokens.
is gambling somehow worth 20% ?
Most gambling is 48-49% win 51-52% lose.
Each game you play at a casino has a statistical probability against you winning. Slot machine odds are some of the worst, ranging from a one-in-5,000 to one-in-about-34-million chance of winning the top prize when using the maximum coin play.
https://presearch.com/search?q=odds+of+winning+slot+machine
Indeed, yet not a scam.
what is your personally preferred definition of "scam" ?
Deceiving someone in order to defraud them.
so, basically overcharging someone for a product or service
Lololol! How insane! You think deceiving someone is pricing things "more than you think". Zero Logic, Zero Common Sense. I think you're here just to confirm your nonsensical biases.
https://www.investopedia.com/terms/c/caveatemptor.asp
Keep Twisting and forming your mind into a pretzel, to you deceiving is no different from stealing, just a meaningless word you can employ whenever it suits you. No critical thinking.