You are viewing a single comment's thread from:

RE: I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)

in #steem6 years ago

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.

Sort:  

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)