The multiplier effect of government spending is dropping like a rock. This is not a great thing to happen when the debt levels of governments are skyrocketing across the world. In the major economic areas, we see the per capita GDP stalling.
In this video I discuss how cryptocurrency could be the thing to offset this. At the core of this is the HBD savings which is a low-risk way to earn a solid return. This pays much better than your local bank.
▶️ 3Speak
HBD if it kept more stable could for sure be a pinnacle of what crypto is all about. 12% is pretty solid the only draw back for me is no curation and notice but that's my preference and it's not everyones.
Personally i like having a decent voting power because I'm active, writing and it seems to pay off in that way. Plus I also feel that Hive could return to $3+ come 2022 and thats 100% while HBD would only give me 12% value at the moment.
It's a preference game but it is a real possibility and something we could work towards.
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There is no doubt that the key is the stability of HBD. If there is no stability, stablecoin becomes an oxymoron.
We need to get that settled and then seek to enhance it. I was happy to see the post about Ragnarok and the sinks it will look to create for HBD.
This is all part of the building process.
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This is really awesome to know. Keep up the good work moving.
My plan to hold HBD in my hive wallet and I believe I won't regret it. Your blogs and vlogs are always awesome and contain important crypto currency material that has a deep research. I appreciate your vlogs and blogs and a regular follower or your content. Keep sharing now we new comers.
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Think you for the support and I agree with you. I am holding HBD in my wallet also.
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You may holding a huge or biggest amount of HBD I'm just started collecting it. Best whishes for we holders.
I also have some HBD in my savings, it took me a while to figure that out 😄
Ps pls correct the typo in the word “government” 5th word in your post!
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Will do.
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thats why I chose my username !
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The chances of HIVE dropping down to zero is unlikely. At least I would say HBD is a great choice because 12% is a fairly high rate compared to most platforms. One month of leaving your money in HBD savings is more than a few years in a bank.
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Isnt that the truth. That speaks volumes of what we are creating on here.
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You are rocking that blogging ! And great posts !
I’ve tried putting all my incoming HBD into savings for now. As someone else mentioned it would probably be a better financial move to just buy hive and curate + enjoy the gains which will most likely exceed 12%.
But I guess if someone likes to convert hbd to hive in batches they might as well earn some yield while accumulating
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A 12% return is starting to look very attractive.
That BUSD-HBD pool even more so!
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I am saving HBD as part of my overall plan. Stack, Hodl, create, curate, save. None of that is really difficult. !BBH
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Because this is such an awesome post, here is a BBH Tip for you.
. Keep up the fantastic work