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RE: Steem Dollars for Real Estate?

in #steemservices8 years ago

I don't see any big downsides in accepting SMD. Because it's price stable, value will hold (as long as dollar itself keeps it's value).

Biggest problem might be liquidity. If you have lots of SMD that you need to convert other currencies quickly, will there be enough liquidity in the markets?

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That's the big question, yeah. Will there be enough liquidity on July 4th or will we have to wait for the market to blossom a bit more first?

This might be a non-problem. If there is not much liquidity, not that many will want to pay with SMD. And if somebody pays with it, it's not necessarily a big sum so there will not be any problems to get it changed to other currency when needed.

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