You are viewing a single comment's thread from:
RE: Perhaps, 1 dollar per STEEM after 4 of July
I got my questions answered in slack:
The paper talks about blockchain conversion while a market of steem <-> SD does not offer abuse of conversion. Abuse of conversion: Trading large volumes without changing the price.
Direct conversion of SD to Steem move sd and steem around while option destroys them. The internal market seems to be a new feature.
Internal market has existed since launch. Just no steem dollars to trade yet.