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RE: My First 'Steem Dollar' Coffee: How to Guide Included!! AMA..

in #steemit-howto8 years ago (edited)

Hopefully though next time you decide to purchase a coffee with Steem that $5 SBD will also cover the cost of a blueberry muffin. At this rate of growth $5 SBD could shortly purchase a De'Longhi Magnifica coffee machine . You could be right about Sterlings recovery.

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The coffee only cost me £2 (from a street vendor in London), so I could have afforded a Blueberry muffin with the £2.66 change :) I like to think SBD has a natural cap. Some sort of function of $1 and the 10% per annum interest rate. But with interest rates around the world around 0, it could certainly go higher than the current $1.30ish price tag...

Regarding the natural cap, yes we want to avoid "Tulip Mania" with SBD. Cheers