By placing it in savings, one also earns a 20% APR, also paid in HBD.
Probably currently this is the most attractive point of the Hive Dollar (HBD). I currently have $53.78 HBD in savings, and currently (seven days after the last interest payment), the current estimated interest is $0.194 HBD.
I had around $1500 HBD in savings in the previous few months, but I withdrew and sold that, and nowadays I am rebuilding it. So I am regularly transfer Hive Dollars (HBD) to savings. Often multiple times per day.
That is how it works. Put money in until it is needed then start again.
Nothing wrong with using it as it truly is: a savings account with a very appealing APR.
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I wonder how many won’t pay taxes on it and will have the IRS up there butts :(
I remember you were planning to use your HBD savings to get something.
Were you able to meet that goal, sir?
Yes. I did. But by other means. Currently I have two four hours per day part time jobs, and a discount on my current rent. Originally I planned to buy and live in an SUV, but nowadays I can afford my current rent on my own, even in the winter, so I currently do not need an SUV. But I could buy one in a case of emergency. Thank you for asking.