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RE: TimCliff Witness Update 2017-03-05
Very nice detailed report!
I have a little bit of SBD and I may convert it to Steem to help the debt issue. So just to be sure, when you say "convert SBD->STEEM" you are talking about clicking on the SBD amount in my wallet then selecting "convert to STEEM", right? And this is helpful because it destroys the SBD which is better than just trading the SBD for Steem or another coin on an exchange?
I think all that is correct but I wanted to check first. Thanks!
Yes, that is correct!
The three ways to reduce the SBD debt level (relative to STEEM price) are to:
The third way is obviously the best option, hehe - but from the perspective of an individual user, items 1 and 2 are the things you can do directly.
Thanks so much for your reply!