Hive is the base currency of the ecosystem. It can be converted to Hive Power(Influence Tokens) or Hive Dollar. The Hive Dollar is intended to be a stable currency with each Hive Dollar worth 1 US Dollar.
HIVE: Our naked cryptocoin that is tied to... nothing but the value of our network.
HIVE DOLLAR: Our secondary cryptocoin that happens to have a tendency to stay in pair with US Dollar. It suppose to be emitted more when it's value is above 1 US Dollar and it's not emitted when it's value is below.
Hive is the base currency of the ecosystem. It can be converted to Hive Power(Influence Tokens) or Hive Dollar. The Hive Dollar is intended to be a stable currency with each Hive Dollar worth 1 US Dollar.
Summarizing a lot:
HIVE: Our naked cryptocoin that is tied to... nothing but the value of our network.
HIVE DOLLAR: Our secondary cryptocoin that happens to have a tendency to stay in pair with US Dollar. It suppose to be emitted more when it's value is above 1 US Dollar and it's not emitted when it's value is below.
Thank u sir. 😊
One way to look at it is that HBD is $1.00 USD worth of Hive rolled up into it's own cryptocurrency 😁☝️
Thank u for ur answers.