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RE: Steem-Backed Dollars - Could a Rise in Supply Lead to a Rising Price?
Oh, I think conventional wisdom still has a lot to teach us. But you need a certain amount of supply to create a market, do you not?
I still have not found a good use of SBD, except to sell. And the inter-Steemit use rarely requires an outside expenditure, it just remains within the system, unlike Steemit to power-up which tends to be brought in from without.
I've seen a post trying to find uses of STEEM and SBD. Perhaps in time we can see more ways of utilizing our SBD. For now, we should be ready for a volatile and shaky ride for our dear cryptos here in Steemit.