What is Hive Dollar - A 1 Minute Guide

I have started a new series named - 1 Minute Guides. In this series, I am explaining all the basic terms of Hive and Blockchain within a minute through a video guide.

Check out previous guide - What is Hive Power - A 1 Minute Guide

I am uploading all the videos to my @threespeak and YouTube channel. I believe these videos will help onboarding more new people to Hive. I checked YouTube and there aren't many videos on Hive.

So, why not using this centralized video platform to promote decentralized Hive?

Feel free to embed my videos to any of your posts. Do you have any suggestions or ideas for my video series? Please ping me on Discord - pitboy#4591

A Brief Summary of Hive Dollar

Hive Dollar is also liquid token like Hive. Like Hive token, Hive Dollar or HBD is also tradable with other cryptocurrencies as well.

This is Hive's own dollar, similar to the US dollar, which is stored on the Hive blockchain. If you want, you can convert Hive Dollar in your account to Hive Token. Then You can convert Hive token to Hive power. So it works quite like a cycle. But it depends on you, how you want to use your Hive, Hive Power or Hive Dollar.

Check out my other videos -

Promotional Video for Hivers to Promote Hive Blog - Click Here

Hive Promotional Video for Bangladesh - Click Here