You can convert them to different cryptocurreny to trade for cash. But I'm unaware of any business at this moment that accepts them as payment. Thanks for commenting.
In a way you could say the same it social media platform is the valued portion. We are building the value Everytime we blog or upvote a post or comment. Just think of Steem dollars as you would think of shares of Facebook.
I'm taking a long range look at it. Some are saying Steemit is coming out with a social media coin so this can be duplicated by other websites. That could make steemit dollars skyrocket to $50
You can convert them to different cryptocurreny to trade for cash. But I'm unaware of any business at this moment that accepts them as payment. Thanks for commenting.
Well I know you could exchange it, but I was just wondering what gives it any intrinsinc value, besides the idea.
In a way you could say the same it social media platform is the valued portion. We are building the value Everytime we blog or upvote a post or comment. Just think of Steem dollars as you would think of shares of Facebook.
Well thats acceptable. I then hope steemit will get Facebook like revenue, since I do not see how they get fiat.
I'm taking a long range look at it. Some are saying Steemit is coming out with a social media coin so this can be duplicated by other websites. That could make steemit dollars skyrocket to $50
The idea is great beyond doubt