Are bidbots the reason for the price of SBD?
Are bidbots the reason for the price of SBD?
And will an increase of adoption of Steem as payment force Steem up against SBD?
The circulation of SBD increases its speed which should increase its value according to MV=PT.
However, the bidbots do not burn their SBD, and it reaches somewhere, and is recycled.
Steem in addition to being a method of payment has the following uses:
- Effect on beneficiaries of inflation
- Witnesses election
- Bandwidth
And SBD? why is it worth about as much as Steem, if it lacks Steem's functionalities and has the same rate of inflation?
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