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RE: Get rewarded for staying commited to #steem !!
"This can replace your bank completely." Can you buy something on amazon with steem dollars via steemit.com? You cannot compare Steemit.com with a bank.
Sure you can. You can trade out when you need too pretty quickly and even in my 3rd world country it is easy enough to cash out Bitcoin when you need to even with only an anonymous visa card. So yeah I get it not as convenient as a credit card or traditional bank but certainly for me better than having it on Upwork or a service that keeps it for a few days before paying me out. .
If you want to buy something on amazon you need to get an exchange who offers steemdollar trading(Not a lot of exchanges are offering it) and only threw steemdollar -> bitcoin -> local currency ... takes some time for sure. You can not compare steem dollar with banks, again!
And why not directly keep bitcoin instead?
Yeah you have a point with the first questions if you take a long time trading. Guess I have just been trading a lot so no big sweat. But hopefully this will get easier and easier (shapeshift perhaps:? )
Because steem dollars are pegged and Bitcoin isn't?