How Do You Play It?
SBD stands for Steem Blockchain Dollars and is similar to convertible debt. The actual "game" value of 1 SBD = 1 USD.
The SBDs also carry a "market" value where people are speculating that they will continue to rise, as well as use for advertising money, among other things. It is my opinion that going through bad times econimically for the community, the SBD would likely fall lower than Steem itself. But in times of abundance, the SBD will soar to higher heights than Steem.
So...it would likely make sense to be selling the SBD you're earning through post payouts to purchase Steem Power when the price of SBD is above Steem. This will give you a generous conversion into steem power.
The other logical solution when SBD is higher then Steem, is to be cashing out of and into your current fiat to pay some bills, or to invest in other crypto currencies such as Bitcoin!
When the SBD price is lower than Steem, you should use that as an opportunity to purchase some discounted SBDs if you continue to believe in the long-term growth of the community!
How do you plan to play SBD vs Steem as the prices continue to swing one on top of the other?
Thanks for reading and let me know what you think!
