DO YOU HAVE HIVE BACKED DOLLAR IN YOUR MIND ?

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Lately I have been accumulated HBD knowing how important it is for Hive to grow. Depending on your plan it makes sense to hold some cause it helps reduce the amount of Hive for every existing HBD. I know with Hive rising it makes sense to follow your heart and take the Hive risk. Consistency always pays great dividend.

While Hive is the center of the blockchain its purpose is clearly defined. You can use Hive to purchase HBD. You can power your Hive to earn more HBD via posting. You can hold Hive powered to get more resource credit. Hive itself is the token of the moment. Hbd should not be look sideways. It is hard to truly embrace the rapport of Hive backed dollar.

Now if you want a quick withdraw within 3 days this is the token to think about. Have you seen the percentage is rising? Yeah! 12% is really enticing right now. It shows the witnesses want more hivers to invest in the token. Holding a $1k can get you every month close to 10$. This is not bad knowing this is consistent with the system. I know the witnesses can change their vote at anytime to prevent unworthy earnings. This is looking really attractive to keep your fund in the blockchain.

Hive community you have everything in house you can get outside. It is like a little DEFI to push the system forward. In the Financial world it is all about numbers. Holding a grand is a beginning but the minute you start putting more zeros behind that grand you can add the same zero behind your earning. As you know crypto is about long term and winning the game with interest daily. weekly, monthly, yearly. Most likely whenever fiat money enters crypto it may never leave crypto.

The grass is definitely greener on the other side. Even a CD cannot compete with the community. This is the true power of crypro, allow everyone to have the opportunity to decide and reap the reward.
In order to achieve greater value for Hive we need a higher deposit for HBD. The amount of one billion HBD will benefit Hive and the value altogether.
First we need to push the creation of HBD by the means we all know.
Lately it has taking time and that is good showing transparency and the power of decentralization of the blockchain. Another way purchasing HBD with Hive.

You get your Hive, you go to the internal market and you exchange it. That way Hive is burnt to give you HBD. It goes both way for Hive or HBD. We want to see more HBD in order to reduce the amount of Hive creating a strong demand pushing the price of Hive in meantime.
12% should help anyone to change their mind.
By the way having some HBD weathers the storm if Hive loses some value.
The reality is clear, push the demand, people will buy.

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28 comments
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Yes HBD is on my mind a lot. Trying to figure out how to make it better.

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You are one of the strong advocate for HBD.
Keep refining your thought, maybe something better
will translate for the community.
In the moment I am holding all I earn.

!BEER

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12% is getting there but still with good curation you could be earning that already and then some from HIVE. Unless it gets to 15%-25% I don't see it being that attractive. What would be cool to make it more attractive is for DeFi for HIVE which uses HBD which we kinda sorta have with BeeSwap but it's just not there yet.

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Whoa! it is coming.
25% is another level to bring the bull
right in the blockchain.
Great thought!
I am earning some by posting.

!BEER

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It is a complex but excellent idea, now a question only burns #Hive buying #HBD in the domestic market or you can also in another exchange. I already saw the importance of #HBD to maintain a good price for #Hive. Another question that talks about where we can get 12% of our profits, what is it?

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If you use peakd as a front end with your wallet
you will see it as the picture shown.
Only the Hive internal market.
If you go to any market it will be regular
exchange like any other token.

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Is it 12$ or 10% I didn't checked it lately but if the rate I creases then definately I would be great ...I love tonsee it growing...already saved close to $1300

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That's a nice one, keep piling up the HBD.
I absolutely think HBD is not pronounced widely as hive but it's all good anyways because as long as those that still make use or understand the workings of HBD are in their numbers

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As long HBD can maintain the peg to the dollar
the use case is all about consistence.
While Hive value will change with supply and demand
HBD needs to stay within the dollar mark
that way everyone will use it as a stablecoin.
Hopefully after couple years we reach a 100 million to keep the price a lot closer to the dollar.
As you can see it is getting a lot better.

!BEER

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12% will definitely make it a lot more attractive. At this amount, you should get around 1% of your savings every month. What is your take on putting the HBD into the diesel pool of HBD/BUSD for BXT instead?

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Interesting idea!
What is the percentage you earn?
Is it more than 12%?
You can emphasize this competition
if it is better the witnesses can bump
the interest more.

HBD is valuable when it is used to bring the amount of Hive out of circulation (deflationary)

!BEER

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As of right now, the APR is 36% but in a week the distribution will be halved so it should be 18% in a bit. So it looks like the saving might be a better option but I guess it depends on whether or not you want HBD or HIVE.

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12% is the same as banks rates, the different is that you no need to deposit asset from your wallet. anything is ecured in one key,, ... amazing of hive, more than defi...

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Banks !?
I think the interest is a lot more attractive than the banks.
Here it is serving a community where purposely we push the same ideology.
DEFI has been part of Hive for a while
now we get to use it daily.

!BEER

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My HBDs in savings have exceeded 100. I saw that the interest rate increased to %12. I will continue to move HBD to saving, but I think to convert some to HIVE when it is above $1.

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This is the idea to play with it with Hive.
12% passive income is sweet too.
It makes a lot of sense if you can pull a decent amount with that percentage.
For now it is a building block.

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Right, almost a deposit account revenue in my country if you have a remarkable amount of it in savings.

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I am ok with 10% too and slowly and steadily I am building my portfolio with both Hive and HBD and mainly the HBD in savings. I have a target of 200 HBD by this year and around 1000 HBD by next year.

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I want it to go higher. That way more will hold HBD
putting pressure positively to Hive price.
Hive value higher
HBD pegged to the dollar
Good recipe for the blockchain.

!BEER

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12% sounds high to me. Let's see how it plays out.

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