Hello Steemians, I've been thinking about doing my first Steem giveaway soon, and I'm just wondering:
Does it make a difference whether I give STEEM OR STEEM DOLLARS to the winner(s)? Is one easier or faster to send than the other? Thanks!
-STEEMMATE
Well they are different things. Sending Steem is sending the crypto currency, its value can change. Steem Dollars are just a token (not a crypto currency) of debt against the steem block chain. Both send at the same rate, but STEEM are worth more (currently) then SBD (in theory SBD should always be worth 1 us dollar).
Thank you for the clarification! I will probably stick with SBD for now because it's more obvious what they're worth
That is the advantage to SBD and the primary reason (as far as I know) why they exist. Their intended stability makes them an attractive currency option.
Upvoted and followed. I have similar questions, this is my fourth day here -- thanks!
Thanks! Following you back
Both are instant whether steem or sbd
Gotcha, much appreciated!
Hey, can't spell libertyteeth without libert! :) Upvoted your comment and followed, cheers!