Have to mention Steembay, our Steemit online auction. Steembay functions well but struggles because people rarely want to spend their Steem, particularly after it went under a dollar, and SBD is too scarce now to spend either.
Have to mention Steembay, our Steemit online auction. Steembay functions well but struggles because people rarely want to spend their Steem, particularly after it went under a dollar, and SBD is too scarce now to spend either.
That's a great mention in the context! I hope people will begin to use it more often. I admit I should also do that too.
Posted using Partiko Android
Many hold SBD thinking that it will spike again as it once did whereas it was made to remain stable and be used as a transactional currency for Steem to be staked instead.
Great post that surely demonstrates the beginning of intrinsic value in our protocol!
Posted using Partiko iOS
I believe that to be a mistake. Even if SBD will break its peg again upwards, the time we wait for such an event to happen is wasted, while SBD could be used to power up STEEM economy by spending them.
Posted using Partiko Android