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RE: This video is for the trader in crypto, talk about perfect timing
ok, will try to make the video, but think about this. I earn 10% more steem daily just for holding steem power, so my 15,000 steem power earns me 150 new steem daily, and I can withdraw steem weekly and convert it to bitcoin, the price of bitcoin risies at about 10% each month.. and you want me to think about 10% annual interest for holding steem dollars worth $1 USD.. that's insane
This is true but it's a lot more complicated to explain to people who don't understand the mechanics of Steem. Like companies who might want to hold Steem Dollars instead of fiat but who don't understand anything other than 10% interest if they hold Steem Dollars.
A business cannot justify to shareholders holding anything which can be volatile so they should never hold Steem. On the other hand some might buy Steem Power or Steem Dollars depending on their plans.