This is a cross post of @fokusnow/gvwzxcpiwe by @spendhbd.Distriator Workshop in Nigeria by @Fokusnow

What is #SpendHBD?#SpendHBD is a project within the Hive Blockchain ecosystem that promotes the use of the cryptocurrency HBD (Hive Dollars), an algorithmic stablecoin backed by the cryptocurrency Hive (HIVE). Its primary objective is to maintain a stable value linked to the US dollar (USD) through market mechanisms and conversion used within the Hive Blockchain. It's commonly used for transactions and can be earned as rewards by creating posts within the Hive Blog.

There are certain places where implementing this system is crucial and should be prioritized. We aim to establish a robust system accessible to everyone, enabling them to utilize HBD as their primary currency.Just envision traveling worldwide, seamlessly utilizing HBD wherever you are, all with just your smartphone! Currently, transactions are feasible through @v4vapp, but integrating into physical stores, perhaps for buying coffee, would be ideal.

Since the introduction of HBD distribution, which makes complete sense, we've been working on spreading the idea to other people. Yet, many are still unaware, opting to spend their HBD elsewhere. There's an excellent method available, but many users remain unaware. Recently, we provided assistance and guidance to @mcsamm on how to exchange HBD in Ghana. After experiencing its efficiency firsthand, he shared his success in a POST MCSAMM SPEND HBD, following our advice. He was able to directly convert his HBD into the costly and necessary data required for content creation, pursuing his passion, and advancing his position in the industry due to full access to the blockchain.

During our inaugural meeting, with invaluable assistance from @valueplan, we piloted a novel system geared towards blockchain enthusiasts, while remaining inclusive to individuals of diverse backgrounds. Beyond discussions on social dynamics and the potential applications on Hive, our primary focus was onboarding newcomers to the platform. We provided direct guidance on setting up Point of Sale (POS) systems within mere seconds, facilitating seamless interaction with the blockchain through airdropped HBD upon account creation.

The idea of redistributing tokens to ensure accessibility for everyone. Proposed by some of long term users and builders on Hive seems to be great. The notion of utilizing HBD worldwide is particularly intriguing to me, especially as I aspire to explore various parts of the globe and use my HBD for transactions.