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HBD: My Savior From A Depreciating National Currency.

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@teesart
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At some point in time, the value of my country's currency was equals to the dollar (#1 = $1), and over time, it has been depreciating rapidly and that doesn't appear to be ending soon. A thousand dollars was worth 200,000 in my country's currency 15 years ago and now, its worth almost 610,000. Investing in my location's currency could unfortunately become the worst decision anyone could ever take and so is investing in other things with value attached to the country's currency like land, agriculture and the stock market.

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Some years back, there were news of many international companies ending all their affairs in the country and relocating to places with favorable conditions for the growth of their business. I was still so young and wasn't quite exposed to many reasons that could have cause this relocation. The most popular reason given to us was the high rates of kidnapping and other crimes towards foreigners, but as I grew older, I realised there were more reasons, the econonmy had become parasitic and the currency was depreciating really hard which are also reasons for a company to wanna look else where.

So here's how HBD has been saving me from all of these. Ever since I realised that storing money in my country's currency was a bad idea, I switched completely to storing my money as either crypto or stable coins. Even when I make sales via NFTs, I proceed to buying some HBD and saving on Hive for the 20% APR or staking it on Polycub. Don't get me wrong, I'm patriotic to my country but in this current age and time, it really makes no sense storing anything that wouldn't appreciate or at least remain the same.

I'm currently not trying to worry much about the depreciating currency since I've kinda saved myself from its catastrophe by trying to earn from international platforms and keeping assets that are promising, but I'm still highly concern about the future of the country, its currency and its economy. It's my motherland and its truly heart breaking watching her fall apart. More companies are closing down, the currency keeps depreciating, the inflation is just crazy but the earnings of the average citizen hasn't changed.

I really hope the new government focus more on the restructuring of the system to help make the country great again. It would be tough, but not impossible and it is the only way to make those who don't have access to options like HBD thrive in the global economy.