Steem Dollars or Steem Power? Which is Best?

in #steemit-chat7 years ago (edited)

It is important to understand that Steem dollars and Steem power derive all of their value and power from the value of Steem which is the fundamental unit of the Steem blockchain. Steem is only intended to be held for the purposes of liquidity. Unless immediate liquidity is needed, Steem should always be converted to either Steem power or Steem dollars. The value of Steem is less likely to be affected by dilution once it has been converted to Steem dollars or Steem power. The value of Steem is constantly being diluted since there is an automatic 100% supply increase of Steem per year. For this reason, you will want to convert your Steem to Steem dollars or Steem power.

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thanks for sharing

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I like steem power better than steem dollar..

Definitely steem jam.

Really thank you very much for this news, I'm new and did not really understand the conversions, things like this are those that make esteemit grow

Thanks for a good and clear explanation of that difference between SP and SD. I think it will be really helpful to new users!