RE: The benefits of inaction: a defense of a high SBD.

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The benefits of inaction: a defense of a high SBD.

in sbd •  7 years ago 

I'm not really sure I see a downside to the high value of Steem.

The problem is not with high value per se, but with the associated fluctuations. When a currency fluctuates in value, people stop using it for transactions and start speculating on it. Similar to what is happening with bitcoin.

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