Yes, it is tradeable. Maybe I am getting philosophical here, bonds have markets too. Blockchains produce tokens which are more like stocks - they are assets, claims of ownership. The SBD is a bond, a promise to pay. It is basically a piece of paper, without the paper. But of course backed by the full faith and functioning of the steem blockchain.
Correct, just as Smart Media Tokens will be.....a promise to the user here, but valuable to others as an asset. Check out the LAToken.com project.....it stretches the mind on what value really is, and what ownership really is....it allows ANYTHING to be tokenized....all based on contracts between the purchasers and the one who owns the Estate, art, jewerly, or whatever......but once contracted, the buyers can present their token ownership to the market in the hopes of getting a better price than they paid, while the other party is hoping the value gained over time will allow them to profit as well. It is truly what the future of tokens will look like at some point.....well now, but widespread at some point.
If they really wanted it to stay within the system as a bond, it never would be introduced to the market.
Yes, it is tradeable. Maybe I am getting philosophical here, bonds have markets too. Blockchains produce tokens which are more like stocks - they are assets, claims of ownership. The SBD is a bond, a promise to pay. It is basically a piece of paper, without the paper. But of course backed by the full faith and functioning of the steem blockchain.
Correct, just as Smart Media Tokens will be.....a promise to the user here, but valuable to others as an asset. Check out the LAToken.com project.....it stretches the mind on what value really is, and what ownership really is....it allows ANYTHING to be tokenized....all based on contracts between the purchasers and the one who owns the Estate, art, jewerly, or whatever......but once contracted, the buyers can present their token ownership to the market in the hopes of getting a better price than they paid, while the other party is hoping the value gained over time will allow them to profit as well. It is truly what the future of tokens will look like at some point.....well now, but widespread at some point.
If they really wanted it to stay within the system as a bond, it never would be introduced to the market.