Steem backed dollar worth over $14 USD each!

in #sbd7 years ago

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steemdollarvalueonBittrex.png

The Steem Dollar has gone out of control. Tether keeps USDT at near a dollar and Nushares keeps Nubits around a dollar as well. I do not think that the system really is good at keeping this asset down. It is pretty good at keeping it up. Like the Canadian dollar is good at matching the US dollar.

I have long been against interest payments on the Steem dollar because that would in the long run create more dollars and cause inflation. In the short-run it actually adds demand for it. So, it is a bad way to control it's price anyway.

You can see its current price here: http://www.steemdollar.com/

I believe this to be temporary. I would like to sell my dollars. You can do so at with the internal market

@ocd @originalworks @minnowsupport @steemvote @dse @steemero @markboss @steemvote @steemit @fairvote @monitorcap @minnowsunite @steemspeak

Dash XjzjT4mr4f7T3E8G9jQQzozTgA2J1ehMkV
LTC LLXj1ZPQPaBA1LFtoU1Gkvu5ZrxYzeLGKt
BitcoinCash 1KVqnW7wZwn2cWbrXmSxsrzqYVC5Wj836u
Bitcoin 1Q1WX5gVPKxJKoQXF6pNNZmstWLR87ityw


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That's some great news !

great opportunity for us

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