You are viewing a single comment's thread from:

RE: Inflation/Deflation and STEEM #video

in #steemit8 years ago (edited)

Why do you say that SBD is a currency and BTC is not.? SBD price fluctuates and is not really backed by USD. Right now 1sbd = 0.8usd and it changes daily

Sort:  

A currency is the official medium of exchange of a population (at least that's the most sensible definition I find for the word). The steem dollar is the official medium of exchange for steemit. The price is stable it is not STATIC.