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RE: How to turn Steem weakness into Steem advantage?
You have to remember the interest rate is much higher than 10%. As you can buy them at a discount of 14% - you are actually getting an interest rate nearer 28%. This assumes that in one years time steem dollars will be selling at par.
Do the maths yourself with this calculator. http://www.money-zine.com/calculators/investment-calculators/bond-yield-calculator/
I understand this for sure. I assume that if a market behave this way even 28% overall interest is not enough to give enough incentives to nullify this spread. Let us give 40%-50% overall. We have enough leverage to make such revolutionary things. My point is if a market behave this way we should turn our weak point into our advantage. And we have everything to do it for sure.