RE: Rambling Thoughts on Steem Stuff by dhimmel

steem · @dhimmel · Aug 12 '18

$0.82

Nice insights regarding the investment / savings opportunity with SBD.

> As long as the price of STEEM doesn't drop down to around $0.50, at which point you will no longer be able to convert 1 SBD to $1 worth of STEEM, of course.

Hmm, would the price then become less than a dollar? Wouldn't you always be able to convert SBD to any other cryptocurrency via an exchange? Are you saying the SBD-STEEM exchange on the blockchain would stop? Or is it currently possible to redeem SBD for STEEM in a way that takes the SBD out of circulation?

👍 dhimmel

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