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RE: Could Steem Be The Gateway Drug To Mainstream Cryptocurrency Usage And The End of Central Banks and Government?

in #steemit • 8 years ago

I think the goal is to get rid of USD not bitcoin.

8 years ago in #steemit by
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     8 years ago (edited) 

    having to learn about or deal with bitcoin is a problem for steemit becoming mainstream, so users will need a steem dollar debit card so they don't have have to deal with bitcoin

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     8 years ago (edited) 

    Steem dollars are pegged to USD which is a dying currency. The short term stability of it is good for payment, however good luck storing your wealth in that.

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     8 years ago (edited) 

    @snowflake

    As long as the interest rate is higher than the practical inflation rate for the USD, you are protected from USD inflation with the Steem Dollar.

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