What is the worth of 1 SBD? [My Entry]
I came across @pennsif CONTEST post:
A Dollar A Day charitable giving project : What can you buy for 1 SBD?
Being new in this platform, I became thrilled and made a conversion about what can I really buy for 1 sbd. Because really, I wanna know.
I am less fortunate to be living in a third world country where a pound sterling would ₱69.45.
FYI: A manual laborer day's worth in our province would only be ₱150.00.
Now, with SBD. I made a conversion of how much would 100 SBD in bitcoin, as there is no direct steem conversion to peso.
100 SBD to BTC
Then, using coins.ph, I converted BTC to PHP:
But then that costs 100 SBD, so I needed to divide it to get the real cost of 1 SBD:
Not bad, yeah.
1 SBD = ₱54
For such amount, I am able to buy:
1 330 ml can of condensed milk:
coinmarketcap gives alts their equivalent in $$$. Or go to your wallet, click steem or sbd then g to market..it says there the dollar equivalent.
Steem/sbd can also be converted to Eth or bitcoin cash in coins.ph then to pesos. I think😁
I am new to all these cryptocurrency things. I will check on that coinmarketcap. Thanks for the information.
Is bitcoin and bitcoin cash the same?
Nope, two different things. One is from a fork though.
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To support your work, I also upvoted your post!
Great!
Thank you for entering the A Dollar A Day What can you buy for 1 SBD contest :
Keep earning the SBDs !