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RE: Law of Supply and Demand Definition and Explanation OR Why the @sbdpotato experiment just won't work
A currency for what? There doesn't seem to be a lot you can buy with SBD.
A currency for what? There doesn't seem to be a lot you can buy with SBD.
Steem.DAO pays for doing projects in SBD. The platform pays for useful work in SBD. Why SBD and not STEEM? Because STEEM is too volatile a unit to pay for work, while SBD is much less volatile. If you ask for 100 SBD a day in your proposal and get it, you can expect those 100 SBD to be worth at least somewhat close to 100 USD for the duration of a small project whereas STEEM can crash or moon at any time.
As I said, there's not a lot you can use SBD for.
I bet you will find many more people willing to accept SBD than STEEM in return for goods or services on Steem. Why? Because of the greater stability of SBD.