Not going to happen. Most Steem Dollars are going right back into the Bitcoin base line. If anything Steemit will bolster Bitcoin even more so if it continues to succeed.
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Not going to happen. Most Steem Dollars are going right back into the Bitcoin base line. If anything Steemit will bolster Bitcoin even more so if it continues to succeed.
Because it is relatively new, exchange sites like coinbase are not letting you sell Steem or SBD for USD or other 'real world' currencies - yet. It could very easily happen in the future though if Steem gets big enough.
its been a year and we havemade progress on this front, but its not realy needed! i enjoy my bitcoin and the bitcoin we sell our steem for only makes us money! Steem for USD just brings in mo fiat mo problms BUT i know how important it is to the point that i tried making posts saying i would help people convert steem for fiat but when someoen actually contacte dme offering to transfer moneyinto my bank account for steem i didnt have the logistics to do it and it was just fuckin messy i didnt wanna be repsonsibel for someones money getting shut down in a bank account i would have to just open afte rthey deem it :"susipiciuous" and its too messy with banks! if there was some way to just have someone meet cash for small amountsof steem it coudl work, like localsteem.com i regsitered localaltcoins.co for this reason, but yeah i realize in a decentralized system people ave to make theirown projects an dgroups i should be excited that this is stills omething we can work on and complete!
nice info bro i wil vote for ya at witnis"D