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RE: A reason to hold Steem Dollars - 10% RISK FREE INTEREST PER YEAR [Newbie Edition]
Doesn't Steem move the decimal place once to the left every 3 years to curb inflation?
Doesn't Steem move the decimal place once to the left every 3 years to curb inflation?
Risk free? What are the chances steemit flops? Zero?
Yeah definitely not risk free...
In that case nothing is risk free, not even holding USD, but the point is it's the lowest risk in the economic system and low risk compared to alternatives. Where else can you find 10% yield with risk this low, not just in crypto but anywhere?
For a fixed rate investment, probably moderate riak, but not risk free. Preferred stock in a utilities company is probably less risky, and the interest rate reflects the risk difference
USD will crash in less than a year. Anything tied to it (stocks, bonds, bank accounts etc) will loose almost everything.
I am not soliciting, I am not trying to convince, you will either be ready or not~
Bless~*~
The value is pegged to the sbd but the sbd is a cryptocurrency of which has value beyond the uSD. When the USD crashes it is possible the SBD does also but that's more likely due just to the fact people are freaking out over the world wide wake that will affect.
It's also possible the SBD could go UP in value because it's a worldwide currency not controlled by a government and people feel it is safer and thus invest or hold investments.
The election is a pre planned event part of a MUCH bigger event.
People think that voting has an influence but the facts are is that voting has been rigged for a very long time not to mention media coverage and financial support of which determine who gets attention.
The global plan is to collapse the USA as it has played its roll and a new world power shift is happening.
Gold Silver and Cryptocurrency is where to be and you will be fine.
You think the election will cause it to crash?
So if sbd is based on the dollar, won't that crash too?