Editor’s Note: September 2026
This article was originally published in August 2023, when HBD held in Hive Savings was paying 20% APR. The rate has changed since then and is now variable; at the time of this update, it is 10% APR.
The figures and strategy described in the original article reflect the situation in 2023. I’ve left the original article largely intact because it documents what I was doing at the time, but the 20% HBD rate mentioned below should not be regarded as a current rate.
If you’re considering HBD Savings now, check the current rate before making any decisions: https://hbdstats.com/
For the last few months I’ve been able to build passive income with Livegood.com and then compound my profits with HBD. HBD (Hive Backed Dollar) is a stablecoin on the Hive.io blockchain. It is designed to hold a $1 USD value and offers an annual interest rate of 20%, paid weekly.
Passive Income with “Zero Out-of-Pocket” Expenses?
Not only have I built a passive monthly income with Livegood.com, but I’ve also been able to do that with zero “out of pocket” expenses since March 2023.
In the video below I take you inside my Livegood.com dashboard and show you my results. Then I show you how I’m converting my Livegood.com commissions from Bitcoin to HIVE, and then from HIVE to Hive Backed Dollars to take advantage of the 20% interest rate.
Actually, the video is in response to a question about my claim that I was making money with Livegood with “no out-of-pocket expenses” and putting the profits into HBD.
In a recent post that I published on Hive.blog, I explained how I’d been able to double my HBD savings from $300 to $600 to get me onto the “second rung” of my “HBD Freedom Ladder”:
https://hive.blog/hive-167922/@hirohurl/i-climb-onto-the-second-rung-of-the-hbd-freedom-ladder
Really? Zero Out-of-Pocket?
One of my Hive buddies asked: “is it really [zero] out of pocket…?”
How I’m Compounding Passive Livegood.com Profits With HBD
So I decided to make a video to show how I’ve been passively earning profits from Livegood.com with “zero out-of-pocket expenses” since March 2023, and how I compound those profits by converting them from BTC to HIVE and then into HBD to earn 20% p/a. Watch the video to see how I do it:
Using Affiliate Marketing Profits To Dollar Cost Average Into Crypto!
Affiliate marketing enables me to grow my crypto holdings without investing any “out of pocket income.”
Of course, you need to get the affiliate program you are working with to yield a consistent profit to be able to claim that there is no “out-of-pocket expense” involved, but for me it is a great way to “dollar cost average” my way into crypto, especially into Bitcoin, and the HBD stable coin on the Hive Blockchain.
Cheers!
David Hurley
#InspiredFocus
Take the Livegood tour: https://LiveGoodTour.com/hirohurl
Update: I’ve continued experimenting with moving Bitcoin earnings into the Hive ecosystem. In 2026, I used a different route to transfer Bitcoin earned through Satsman via the Lightning Network and V4V.app before converting it into HIVE.
Read the more recent article: How I Transferred Bitcoin from Satsman and Converted it into HIVE
