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RE: Tests Of Focus & Purpose: WHY Steemit When It's Economic Structure Is Worse Than America's...

in #steemit • 6 years ago

Do you remember when a SBD was worth over 10USD? That was when it was plain to see the Steem economic system is unstable. The SBD was originally designed as a peg to the USD, giving balance to the highly volatile Steem token. But the reality is apparently much more complex.

6 years ago in #steemit by
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     6 years ago 

    Yep.

    If only I had cashing out then, instead of stupidly diversifying into more crypto that’s lost 95% of its value... (sigh)

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