What is the financial power of HBD in the city of BH/MG in Brazil?
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Cash! One of the most powerful things in the world, or maybe it's the most powerful! Currently following new directions and paths becoming more and more DIGITAL, we use little in our day to day the traditional paper money, or the coins themselves, we can pay almost everything with a few seconds on the cell phone, or on the computer or even through a watch or sensor, the practicality and agility of a new technological era.
Within this subject we will bring a little about the purchasing power in my city Belo Horizonte located in the State of Minas Gerais / Brazil of one of the most solid and used currencies in Blockchain today, the HBD.
CURRENT QUOTE
Today the 11/05/2022 the HBD varies in the dollar quote to 0.95
Converting the values in Dollars to the Brazilian currency, the Real, with an average of 4.92. A dollar today is worth approximately 5.13 reais.
COST OF LIVING
Some values and information about the average cost of living in my city:
| Minimum wage | BRL 1,212.00 = 246.34 HBD |
|---|---|
| Basic basket | BRL 632.83 = 128.62HBD |
| Fuel | Gasoline BRL 7.60 Lt = 1.5 HBD - Ethanol BRL 4.75 Lt = 0.96 HBD |
| Residential rental | BRL 1,513.00/Month = 307.52 HBD |
| Public transportation | BRL 4.50 = 0.91 HBD |
| 13 Kg Gas Bottle | BRL 104.15 = 21.16 HBD |
A GOOD WEEKEND AT HBD
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I will simulate a good weekend being paid in HBD.
Friday
Bar with an escort, enjoying the night quietly.
| Cover Art | BRL 10.00 |
|---|---|
| Beer | BRL 100.00 |
| Fuel | BRL 30.00 |
| Total | BRL 140.00 = 28.45 HBD |
Saturday
Nightclub with friends, a day of intense clubbing.
| Invitation | BRL 30.00 |
|---|---|
| Whiskey | BRL 150.00 |
| Fuel | BRL 30.00 |
| Motel | BRL 130.00 |
| Total | BRL 340.00 = 69.10 HBD |
Sunday
Club with the survivors, pool, samba and beer!
| Invitation | BRL 30.00 |
|---|---|
| Beer | BRL 60.00 |
| Lunch | BRL 30.00 |
| Fuel | BRL 40.00 |
| Total | BRL 160.00 = 32,52 HBD |
At the end of a very enjoyable weekend we would have spent R$ 640.00 or 130.08 HBD.
ECONOMIC SITUATION
- https://investidorsardinha.r7.com/noticias/situacao-economica-atual-faz-com-que-60-das-pessoas-reduzam-gastos/
After the Pandemic, the whole world was affected with high inflation and several problems in their respective countries, in line with this, Brazil to put one of the worst governments in history practiced by the lunatic Jair Bolsonaro, before that we went through a moment where purchasing power Brazilians are very out of date and everything is very expensive.
HIVE and all mechanisms of possible financial gain of Blockchain help to get extra capital and help for this heavy day in the life of so many people including several friends from South America and Africa where the power of HBD (Dolar) can be extremely important as a survival. I hope that the community grows more every day and can make a difference in the lives of more people who are going through difficulties.
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https://www.infomoney.com.br/minhas-financas/brasil-e-o-pais-mais-otimista-com-o-futuro-economico-veja-ranking/
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