RE: Thinking of selling your bitcoin for fiat currency? Put it in SteemUSD instead!

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Thinking of selling your bitcoin for fiat currency? Put it in SteemUSD instead!

in investment •  8 years ago 

Because merchants consider Steem USD = USD

Right! Got it! Thanks!

lol

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If you can go back and forth between SteemUSD and USD, then it is only a hindrance that SteemUSD is not directly accepted.

It used to be the same with Bitcoin, and to a large extent still is. And yet Bitcoin still works.

Same situation with SteemUSD.

Firstly, I believe I read that that interest rate just marginally accounts for currency debasement.

Holding STEEM USD to expect these returns you are making huge assumptions on scalability and market cap. Plus there's a planned HF in 3 years, who'll know the result.

Firstly, I believe I read that that interest rate just marginally accounts for currency debasement

That's not true in Steem Dollars

i believe you have good investment knowledge. Can u share your views on this ?
https://steemit.com/steemit/@mjsteem/is-amway-a-good-option-for-business