HPUD - Hive Power Up Day September 2026

It's the first day of the month, and that makes it Hive Power Up Day !

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Image created by AI in NightCafe Studio

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I've done my bit this month, powering up some of my liquid HIVE;

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August was a crazy month, with a good amount of price volatility.

But it was also a massive heatwave here in the UK, so I didn't really take advantage of the trading opportunities. There's not a lot worse than typing on a keyboard soaked with sweat 😁 I still did a reasonable amount of curation and some posting, though.

It was nice to see HIVE's price "rising with the tide" as crypto prices generally firmed up, after a wobble in the middle of the month where I was sure we'd slide over the Hive Debt Limit. Hopefully the price will stabilise and show a bit of upward motion. It helps that we're starting to recognise the level of inflation as an issue that needs resolving, but I feel we will need some serious governance changes to make it happen.

I did come across one fairly convincing explanation of why crypto prices have risen a little. It's nothing to do with the state of the world improving - we're still playing geopolitical Jumanji. It's that the US Government have had several waves of bond buy-back, to the tune of several tens of billions of dollars. Theoretically it's to reduce the level of borrowing and thus the interest payable each month. In reality, they are borrowing faster than ever, and the money the bonds are being bought back with is being printed out of thin air. But it creates liquidity (mostly for institutional investors) that is being spent on a mix of BTC and the stock market.

But ignoring all that high level political mumbo-jumbo, the important thing is that Hive is still the nicest social media platform with a huge variety of other dapps and tools. Let's all keep Hiving on ! 😁

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1 comments

You've been curated 🌷

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