RE: You can use Steem to pay for pretty much anything worldwide - but nobody does!

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You can use Steem to pay for pretty much anything worldwide - but nobody does!

in steemit •  8 years ago 

That's actually quite some spread, or quite a long wait. Thanks for explaining, wasn't aware.

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8 years ago by

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      ·  8 years ago 

    The large spread is the only way that market makers can make money providing liquidity, given that Steem is a highly inflationary coin and they're taking on the dilution risk, and it is not intended as a coin for commerce, so regular market participants don't contribute to the liquidity as they would in Bitcoin or similar.

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