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RE: The Value of stable SBDs to me
By having two free moving currencies there are different plays at different times which makes thing much more interesting on the investment side.
By having two free moving currencies there are different plays at different times which makes thing much more interesting on the investment side.
The IRS considers any swap between two coins a tax event. When liquid rewards are paid in both SBD and STEEM it makes it hard to avoid making swaps. The IRS does not allow any losses to be deduced from the wins. Steem is already quite complicated. The downside peg of SBD is the only reason it's worth keeping around in the first place.