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Happy hpud lets power up and grow
There are two common ways to grow on hive that users make use of
The first method involves content creation.
This involves creating engaging content which others may like and curate.
By creating content a user can add value to the hive blockchain in a role of a content creator.
Content is knowledge
Knowledge helps us making informed decisions and since hive blockchain hosts multiple dapps which make using crypto easy and a number of web 3.0 front ends to post content there is plenty of topics to write about.
Grow as a content curator
In case one has a lot of money to buy and stake hive then one can use the hive power to curate. By way of curating a hive power holder earns a curation reward.
Powering up is the common link in the two type of hive users
Though the two set of user behaviors over lap that is the curators can create content and become content creators and the content creators can upvote content and can earn curation rewards however powering up is useful for both set of users.
Understanding the power of powering up
The more hive power a user has the more is his or her influence in the hive ecosystem.
Thus every user who is associated for the long term tries to grow his hive account.
What if the fiat world could emulate the power up day ?
What if the fiat economy had an equivalent feature to power up our money to increase its buying power?
Even this idea is unthinkable and very difficult to understand for the users in the fiat world because fiat money at the end of the day is only paper which is not backed by anything concrete.
Unfortunately fiat money can be printed in unlimited supply and it creates its own sets of problems which are so hard to fix by the governments.
What if the govt's approved the Hive model ?
Think of a possibility that the govt of your country adopts hive and considers it as a legal tender.
This would mean that one would be able to buy food, pay the bills with hive.
Well even without the governments doing this Hive is already being used for this purpose.
This is becoming possible because more and more businesses are opening their doors of crypto
Hive is a blockchain with ultra fast transaction time and zero transaction fee.
This means that if one were to go to a shop or a store and pay with hive then a couple of things would happen.
One the payment from the buyers wallet to the store owners wallet would be go through in a flash.
This transaction would go through with zero transaction fee.
Alternatively if you were to use a credit card the credit card company would be an intermediary.
This means that the money goes from you to the credit card company and from them to the merchant.
In such a case there is the intermediary of a middleman or a third party involved which is the credit card company.
This costs time, Depending upon the settlement period the sellers gets the payment after a couple of weeks or month.
Then there are cases of fraud and deceit where the card may be stolen or there may be cases of double billing if the merchant accidently punches the wrong amount or there is a double swipe.
The credit card transaction involves a fee. This fee technically has to be borne by the merchant but in actuality it gets passed on to the merchant in some form or the other.
No such thing happens in the case of the Hive transaction.
Hive is a crypto an who owns the keys owns the crypto.
So when a users sends the hive amount to the merchant the transaction goes through in a jiffy.
Is hive volatility bothering you to adopt and use hive in your shop or business?
In that case hive presents another solution. The solution is HBD or hive backed dollar which is a stable coin.
At all times one HBD equals one dollar worth of hive and offers a much stable price range.
In addition it offers the same superfast transaction time for wallet to wallet transfer and zero transfer fee.
Take action
power up your hive and grow your hive account because when hive price moons in its next bull run your powered up hive account would be that much more powerful and strong in terms of the fiat value.
Moreover as we wait for the bull season the power ups that we do would continue to earn us more and more curation rewards so it is a win win situation for those powering up.
Final closing words
Hive is an amazing blockchain that has been under the radar for quite some time however this feature rich blockchain along with the web 3.0 features as well as invaluable dapps makes hive its native token an invaluable asset.
This is the perfect time to acquire this undervalued gem before the big bulls pump up its price.
The right strategy right now is to buy > power up enjoy the rewards and repeat.
source : my computer