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RE: Using SBI as a currency!

in #steembasicincome6 years ago

So, @d00k13 wanted to be able to use, for voting, 3334 more steem power than he has. Blocktrades is a business that leases steem power for set periods of time, in this case they were offered to lease 3334 SP (steem power) in exchange for 334 steem. When I learned that @d00k13 was willing to pay that fee, I thought it was exorbitant, and so I offered to lease him the same amount for the same amount of time for a lower fee.
160 liquid steem (just steem, but being precise, that it's immediately available as a currency)
And 160 SBI, which means buying for 1 steem each levels for both of us in steem basic income. Since he receives half the benefit of SBI, we can value them at .5 steem each.
So, with that calculation, he is paying 240 steem for what he would have paid 334 steem

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