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RE: Who pays for the blogging and curation rewards? (Part 1: STEEM POWER)

in #steem8 years ago

Didn't know, that there was so few steem dollars in existence, wealthy investors would want to look out for the 10% annual interest on the steem backed dollar, but given the low supply of steem dollars, they'd shoot the price of the asset sky high.

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Interest wise, its still a worse deal than steem power.

Steem dollars are liquid. You can trade them at will. Can't say the same for steem power.

If youre buying for the interest, it liquidity isnt an isue.

Don't get me wrong I traded all of my sbd to steem, because I'm overly bullish on the future price of steem. You can't trade steem power.