Viewing a response to: @sndbox/exploring-the-differences-between-1-usd-and-1-steem
The difference between one Steem and one USD is currently 2.36 USD. 😂 JK Thanks for this great post as you do point out some great differences. There is a lot of utility with Steem. That is a big reason I joined this platform and powered up. Volatility is a big difference between Steem and USD. Steem's value has doubled in the last few weeks, and has gone up as much as 100x in less than a year. This kind of volatility doesn't exist for the USD. This comparison was great but I think a better comparison would be BTC vs Steem. Both can be owned directly, but that's almost where the similarities stop. BTC is agile, but certainly not as agile as Steem since Steem's transactions are much faster. BTC is unable to earn interest for the owner or anyone else. BTC does not give you any voting rights. BTC does not allow you to lend it to another party, while still allowing you to maintain control. Essentially BTC and Steem are the same, but Steem has the added bonus of utility. I invested this platform because I enjoy using my Steem Power more than just merely HODLing BTC.
| post_id | 45,290,810 |
|---|---|
| author | themightyvolcano |
| permlink | re-sndbox-exploring-the-differences-between-1-usd-and-1-steem-20180425t060521744z |
| category | steem |
| json_metadata | "{"app": "steemit/0.1", "tags": ["steem"]}" |
| created | 2018-04-25 06:05:21 |
| last_update | 2018-04-25 06:05:21 |
| depth | 1 |
| children | 1 |
| net_rshares | 751,048,941,895 |
| last_payout | 2018-05-02 06:05:21 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 3.672 SBD |
| curator_payout_value | 1.200 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 1,095 |
| author_reputation | 15,889,532,188,210 |
| root_title | "Exploring the Differences Between 1 USD and 1 STEEM" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| sndbox | 0 | 209,895,637,867 | 1% | ||
| gank | 0 | 60,625,988,972 | 100% | ||
| penghuren | 0 | 383,514,898 | 1.46% | ||
| cryptobols | 0 | 18,127,382,785 | 100% | ||
| themightyvolcano | 0 | 387,118,971,933 | 100% | ||
| iseeyouvee | 0 | 74,364,838,099 | 100% | ||
| albertotang | 0 | 532,607,341 | 100% |
Thanks so much for your feedback on this @themightyvolcano. Absolutely, it would be good to do a side-by-side with - *perhaps* - several cryptocurrencies to see the big picture / strength of Steem. People are still wrapping their heads around BTC, it might take some time for them to venture down the crypto-rabbit-hole. Thanks again :D
| post_id | 45,405,946 |
|---|---|
| author | sndbox |
| permlink | re-themightyvolcano-re-sndbox-exploring-the-differences-between-1-usd-and-1-steem-20180425t210700079z |
| category | steem |
| json_metadata | "{"app": "steemit/0.1", "users": ["themightyvolcano"], "tags": ["steem"]}" |
| created | 2018-04-25 21:07:00 |
| last_update | 2018-04-25 21:07:00 |
| depth | 2 |
| children | 0 |
| net_rshares | 520,292,721 |
| last_payout | 2018-05-02 21:07:00 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 336 |
| author_reputation | 632,573,670,086,700 |
| root_title | "Exploring the Differences Between 1 USD and 1 STEEM" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| albertotang | 0 | 520,292,721 | 100% |