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RE: Developing Countries: HBD Getting More Important

in LeoFinance2 years ago

It makes a lot of sense to park some money in HBD while our fiat currencies devalue. Another thing I am picking up lately is, HBD can do a lot more in developing countries where the fiat is continuously depreciating against the USD compared to the developed nations.

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Another thing I am picking up lately is, HBD can do a lot more in developing countries where the fiat is continuously depreciating against the USD compared to the developed nations.

Without a doubt. That is the point of this article. By having HBD, one gains access to the unit of account that it offers. One is not really holding any USD or promised it. In fact, one is only promised $HIVE.

However, the common denominator is the $1. HBD can be swapped into $1 worth of $HIVE.

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