In our technology now, we have different approach on how we save up our money and we have choices between a centralized or decentralized. Before, it's only centralized where people save up money on banks that they can get a small interest rate of the savings that they've put into the banks.
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That was good since people were thinking that if they save money on the bank, they will get interest from it and maybe it was around 1-3% rate of interest when they save up money.
Not until decentralized were born in the late 2000's that bitcoin was the first cryptocurrency in a decentralized blockchain. We see now that decentralized has more benefits on ROI when someone saves money just like Hive with 15% APR that they can get when they save money than in banks that they can get roughly 1-3% APR.
If you would ask me on where would I save money, of course, I would pick the one that has higher APR than the others because while we save money, we can get more money from it while on the other hand, yes, we can can get another APR but only a small percentage amount.
In a centralized one, yo u can see it physically like you can go and see in a bank and there's your money of your savings. There are also risks on putting savings in a bank if the bank will go bankrupt that your savings will be lost.
I would choose decentralized to save my money than the centralized although, it would be sometimes risky because it's decentralized there's no one who is operating on it but all of the people who have that cryptocurrency and it's not centralize.
Choosing the right decentralized cryptocurrency on your savings is one of the factor because there are decentralized that has low APR and there are also that has high APR and I think Hive's APR is one of the best savings that I know of with hig APR return when you put it on savings. It will only take 3 days of waiting if you pull out your savings.
There are also factors about in Hive that is 15% APR, most people would say that 15% APR is somewhat too good to be true because it's too big for an APR that they will give just like one of my friends who is also into cryptocurrency before and I shared him about Hive's APR for Hive and his take is too good to be true for 15% APR. He told me that most cryptocurrency's APR would be 1-10%.
I think in the future or maybe one of these days, I will save money and put it in savings for my HBD into HBD savings and I will start getting APR interest on roughly 15% on what I save and I will get that APR once every month.
