Community post
STEEM vs SBD - which is better??
If you check your wallet, you'll see that there are three tipes of curruncy:
- SP - Your influence on the STEEM blockchain
- STEEM - The cryptocurrency
- SBD a currency that can be converted into STEEM
Now you may ask: "STEEM and SBD are the same, they don't do anything else other than carrying value, right?"
Well, not exactly: STEEM is a cryptocurrency, SBD is a tool
A tool?
Yes, SBD is a debt-tool, it's used on STEEM-based sites; such as Steemit and DLive; and can be converted back to STEEM. It's always worth about 1$.
But why does it exist?
It was created to stabilize the economy of STEEM. Because cryptocurrencies prices (in this case, STEEM's) can fluctuate a lot, people could see their wallet value be 10 the day after, SBD help prevent this fluctuation.
So, if you want to take risks, have STEEM in your wallet, and when it rises you'll benefit from it
Or, if you want to play safe, hold SBD and don't worry about STEEM's price
Replies (8)
Go here https://steemit.com/@a-a-a to get your post resteemed to over 72,000 followers.
SBD was built to be stable at around 11!
I always hold a few SBD in my wallet for any competitions I run, and if I want to use any bots, but your best to invest most of your money on here into powering up as this will give you more influence on here and the best chance for longterm success
Congratulations @retaliator! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
SteemitBoard World Cup Contest - Final results coming soon
Congratulations @retaliator! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPCongratulations @retaliator! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPCongratulations @retaliator! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
Congratulations @retaliator! You received a personal award!
Click here to view your Board
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness and get one more award and increased upvotes!
Congratulations @retaliator! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!