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RE: The benefits of inaction: a defense of a high SBD.

in #sbd7 years ago

I'm not really sure I see a downside to the high value of Steem.

The problem is not with high value per se, but with the associated fluctuations. When a currency fluctuates in value, people stop using it for transactions and start speculating on it. Similar to what is happening with bitcoin.

Coin Marketplace

STEEM 0.23
TRX 0.11
JST 0.029
BTC 66255.12
ETH 3564.10
USDT 1.00
SBD 3.15