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RE: Lies about Steem and Steemit
Where does the 10% interest paid to holders of Steem Dollars factor in your equations? I don't see.
Where does the 10% interest paid to holders of Steem Dollars factor in your equations? I don't see.
In both @arhag and my computations, we are assuming they are converted to STEEM.
If SD can be openly traded like Steem, why would they need to be converted? Except straight to fiat or btc
We are just assuming they'd prefer to be powered up or exit to fiat, and that anyone purchasing STEEM from them would power up since holding STEEM is debased at 50% yearly (46.125% while liquidity rewards are currently paused).
Also the 10% interest isn't guaranteed to remain constant. Also that depends on how many SD are held. I really don't understand the SD well, so I can't comment meaningfully on that scenario.
Perhaps you could ask @arhag to run some calculations. I frankly don't have too much more interest in splitting the hairs unless it will make a huge difference on the debasement rates for SP holders.
When the marketplace is added for users to buy and sell goods like craigslist, which token do you think they will prefer to transact in?