Why HBD is the best, most decentralized stablecoin you've never heard of
PukuGreetings to all my pukufriends. I present you this new post titled: "Why HBD is the best, most decentralized stablecoin you've never heard of - by @nahupuku"
I live in Venezuela. The real Venezuela. The one where your phone dies because there’s no electricity (in 2019). Where your mom or family cries because she can’t find medicine. Where you walk 5 kilometers just to get bread, if you’re lucky, I live that situation many times. and in this chaos, I found something that didn’t break: Hive. And inside Hive, I found: Hive Backed Dollar (HBD)
You’ve never heard of it: Good.
Because the best things in life are hidden from the noise. And HBD? It’s not just a stablecoin. It’s freedom
This is not your daddy’s stablecoin. I read the tweet that started this.
The one that said: I want a ‘stablecoin’ that:
is not tied to fiat, is not regulated in any way, cannot be frozen or stopped by tyrants does not require AML KYC to use”
And I laughed because I live that and I use it every day literal.
It’s called HBD, and it’s been working since 2020 and I use since that year
No bank, no government, no “please verify your identity” (I hate that btw) Just me, my music, my words, and a blockchain that pays me in real value — not promises.
HBD is not pegged to the dollar. It is the dollar for people like me
HBD is backed by math, code, and community. It’s not tied to the dollar. It mirrors it — through a decentralized mechanism that burns fees, uses median pricing, and lets anyone convert HIVE to HBD and back without permission.
And the best part? No one can stop it, not a bank, not a president.
I’ve used HBD to:
Buy food every week, pay for internet every month, I repair my keyboard so I can make music for 3speak, support other artists on Hive and survive.
And I didn’t need ID. I didn’t need a bank account, just needed my phone, my Hive Keychain, and a QR code at a local shop (like Vida Verde, where I paid in HBD and got a 20% cashback from distriator - I put the link below) That’s not crypto: that’s real life.
We didn’t ask for permission. We built it.
I’ve been on Hive since 2020 started because I was tired of platforms deleting my music (I live that situation with Myspace for example) and I was tired of algorithms silencing my voice and tired of being a user instead of an owner.
Hive gave me back my voice, my data, my earnings and HBD? It gave me stability in a world of madness for shure. While the world talks about “decentralization” Hive lives it.
No CEO, no board, just witnesses voted by the people, a Decentralized Hive Fund (DHF) that funds real projects, and a currency that works for the people.
This is what cypherpunk was supposed to be
You know what’s sad?
We celebrate Bitcoin like it’s the only rebel. But Bitcoin doesn’t pay for your lunch. It doesn’t power a social network. It doesn’t let you earn while you create.
Hive does.
HBD does.
We have:
Zero transaction fees (thanks to Resource Credits). Instant settlements (3-second blocks). True decentralization (no single entity controls it). A stablecoin that can’t be censored.
Hive.io
And still, people ask: What is Hive? Well, we’ve been here, we’ve been building, we’ve been living the future while others debate it. (I post in Hive every week. So yes, I use HBD. And yes, it’s freedom.
I don’t need to beg for it. I don’t need to ask for “basic freedom” like it’s a favor because I already have it.
Every time I post I get paid in HBD.
Every time I lend, borrow, or trade without asking permission. That’s the power of HBD, It’s not just a coin, It’s a weapon of financial sovereignty.
And for people like me: in Venezuela, in Argentina, in Nigeria, in places where the system has failed. HBD isn’t a dream. It’s survival. It’s dignity. It’s hope.
So to everyone asking:
Why is this too much to ask for?
I say: It’s not We already built it.
It’s called HBD, And it’s waiting for you.
Just freedom backed by Hive, backup by us, we are a community, not a company.
Created by @nahupuku from Venezuela for Bruce Fenton:
https://x.com/brucefenton/status/1949938043944603963
Traslate by:
https://www.deepl.com/es/translator
I use my own experiences for create this post, of course I read about the Hive and HBD in the network and I use public information for write this today.
Some Examples from my own experience using HBD:
https://peakd.com/hive-106130/@nahupuku/vpctbpqr
https://peakd.com/hive-106130/@nahupuku/thanks-for-a-loan-of-170-hbd-from-distriatorloans-2025
My music and art posts:
https://peakd.com/@nahupuku/posts
https://pukumundohive.github.io/dinopukuvideogame/web_version.html
PukuEdición by me, 2025 - NNR
PukuNetworks:
Bendiciones y gracias por ver mi post
Blessings and thanks for watching my post
Great post, @nahupuku! 💪 HBD's decentralization really shines, especially when you see the impact in real-world situations like in Venezuela.
Thanks, for me its a reality 24/7 for get a better life around here
https://x.com/NahuPuku/status/1950630584390451298
@Hivewatchers, we've found the content in this post is 98.5% AI generated. Please reward the proper use of automated content generation tools.
Emm nop. I wrote this. I use my pasts experiences with my old posts for do this. I use HBD since 2020. I answer the x's / twit. I don't need to use AI for this one @robin.hood
I didn't mean to put it in full paragraphs as I always do with my posts. But I will adapt that style in editing. Good day