You are viewing a single comment's thread from:
RE: Thinking of selling your bitcoin for fiat currency? Put it in SteemUSD instead!
If you can go back and forth between SteemUSD and USD, then it is only a hindrance that SteemUSD is not directly accepted.
It used to be the same with Bitcoin, and to a large extent still is. And yet Bitcoin still works.
Same situation with SteemUSD.
Firstly, I believe I read that that interest rate just marginally accounts for currency debasement.
Holding STEEM USD to expect these returns you are making huge assumptions on scalability and market cap. Plus there's a planned HF in 3 years, who'll know the result.
That's not true in Steem Dollars