Vote bots accept liquid steem, STEEM is a currency. What is the functional difference between liquid steem and sbd?
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Vote bots accept liquid steem, STEEM is a currency. What is the functional difference between liquid steem and sbd?
in order for something to be currency it requires stability, else not useful for commerce. steem is an asset sbd is designed as a currency. sbd has design flaws which is why it does not work as currency either currently. Tim is trying to fix these.
I'm glad to see someone actually saying what I was thinking all along: the real "currency" is the SBD, whereas STEEM is more like a security / asset. I actually see STEEM as a sovereign bond of the "Steemia" - the virtual country where people earn and spend SBD (the internal currency)