Collect Hive Dollars Rather than in order to Power Up 100% 127% 150 160%!

Update: As of today HBD is worth 120% more than a USD.

For various reasons there are people who prefer Hive to the Hive dollar but what if I told you you could increase the amount of Hive you get by choosing the 50%/50% option for payouts?

Sounds Good? The Hive dollar is at a 49% 120% premium over the US dollar. Suppose your post gets 10 Hive in rewards. Then 5 Hive goes to those of us who voted it up and the rest goes to you. That's 5 Hive to pay out. Now if you had chosen the 100% power up option then you get 5 Hive powered up into your wallet but had you chosen to get dollars you get 2.5 Hive and 2.5 Hive converted to dollars.

But there is a trick here. The blockchain is assumes the Hive dollar has the same value as the US Dollar.
In the case of a 10 Hive post you should get $3.50 USD. But instead of paying $3.50 USD, the blockchain pays you $3.50 HBD. Accoring to coingecko $1.55 $2.20 each. So your dollar payout is worth $7.70 USD. You can then go to the Internal market, some exchange and trade your Hive dollars to Hive. So you could change those 3.50 HBD to BTC on an exchange and then buy Hive on the same exchange to get 6,58 11 Hive. Then take possession and power it up.

Now the result is you power up is 10,83 16 Hive! That's more than the rewards of the entire post! Where does the extra Hive come from? It comes from the speculators that are driving the price of the Hive dollar way above the US dollar.

Now I rounded down because there will be fees on the exchanges. But you could trade on the internal market which works on the blockchain itself. Currently you can trade up to 100 Hive Dollars for Hive for $0.56 0.302 HBD/Hive. Doing things this way you get 11.5 Hive for the dollar portion you'd trade and you'd still be way ahead. That's about 10 16 Hive!

Now maybe that's not a big difference to you, but you can trade your dollars in for Hive at the end of the week. There is no need to do it immediately on receipt of the rewards as the Hive dollar shows no sign of weakening to normal.

There may be many people who wonder what are the macro economic effects of it. The effect should be to push the Hive dollar down to near a US dollar (which is where it is supposed to go). That's why Hive account@smooth is running a project that is supposed to bring the hive dollar down. His project has been unsuccessful. Please do your part and ask for dollars when you post even if you're just going to convert them into Hive.