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RE: Answering: Why Am I Getting Liquid STEEM from Author Rewards?

in #steemit7 years ago (edited)

No, but now I understand there is the possibility that the production of SBD's is capped, due to the supply exceeding a certain percentage of debt.

Capping supply while demand stays constant can lead to price jumps, so at least now, while very hypothethical and still very unlikely, I can see some sense to betting the market that way.

Previously I just thought these people were just burning away their money. Personally, I don't hold SBD's, I don't see those as an investment. And besides, SBD's don't contribute to voting power :)

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Ah okay, I see how you are thinking now. But few months back, would be really impressive to see them predict the current situation, and even that may not go the way they think.

Agreed on other points.