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RE: A reason to hold Steem Dollars - 10% RISK FREE INTEREST PER YEAR [Newbie Edition]
Very informative article, @dana-edwards. I'm pretty new to this still and I've been adding my dollars to steem power mostly. But, i guess the steem power do autopower-up with each post that makes profit, and as long as your posting good content, you don't have to add more power. Is that kinda close? lol
The thing is that Steem Power is not "risk free" interest. It's very likely the price of Steem will not fall to a penny but what if it does? Then your Steem Dollars might hold value better and with 10% guaranteed interest on top?
Surely though, the bank niche would not exist since any user can transfer SBD a day before interest would kick in?