The philosophy of financial freedom and the cypherpunk model of thinking have captivated thousands upon thousands. In fact, the new Bitcoin era is booming in this regard. But perhaps one of the great ambitions is not so much a volatile asset. Rather, it is a stable asset.
One that can be traded and/or used without fear of volatility, and with the dollar as a reference point. It sounds good, although in some respects (from the point of view of institutions) it is anti-moral and anti-political. Let us remember that the structure of the system is not based on freedom, but on control.
Is there any way to create a stable currency that does not require fiat money, is not regulated by any financial institution, whose funds cannot be frozen, and/or does not require the use of AML KYC? Furthermore, one that is not viewed as immoral or anti-political? The latter is almost impossible, as it would require a constant struggle.
However, I believe we should highlight some very important points in our diamond in the rough, “HBD.”
✅Not physically linked to fiat money. Our HBD certainly maintains parity with the US dollar, but it is not backed by financial institutions or by Tether or USD Coin. It is an algorithmic system backed by HIVE.
✅Hive is a blockchain without a central legal entity, without a corporate foundation like Solana or Ethereum. No one issues HBD from a legal entity. Therefore, it is an unregulated token.
✅Unseizable. Accounts are controlled by passwords. There are no blacklists like in USDC. In Hive, no one can freeze your funds. There is greater security; you can even have an anonymous account within the blockchain solely for the use of its stablecoin.
The advantages of Hive's philosophy with regard to not only financial freedom but also content creation are a sign of the future of financial freedom that we are gradually building.
⚠️ Clearly, alarm bells tend to go off with a stablecoin that is not regulated by a financial institution, as there is no fiat money that you can touch. However, with all the advantages offered by blockchains, and the stability that has been maintained even in bear markets, it shows that the structure of this decentralized system is highly efficient.
In this year, 2025, it is very unlikely that anyone will not know or have heard about it.
We don't know the future, but if this is the future, it's good that we're on board the ship. 🚀