Hello friends, recently I have been losing faith in USDT and the Tether system. It has been on my mind for sometime and today they were hacked! Can you believe it!? I wanted to know what the bitcoin community thought about STEEM coin / SBD. Could SBD be used as a viable alternative to Tether coins?
I just got into crypto end of last year in November...so this is my 1 year anniversary. (wall st guy).. I got myself a nice 50 BTC in Nov of last year. I have turned that into quite a bit more. STEEM seems like an interesting coin and project. What are your thoughts on it under 1 dollar US? Do you see it breaking its ATH of 5 USD ? With all this youtube demonetization going down I could see dtube and other apps using steem maybe becoming more of use in the future?
Thanks all!
You must be joking, Tether is backed with something in the bank, what is Steem Dollar backed with nothing. I still believe Tether is the best for now until we see a better one
You will take trust in a Bank over a PoS Blockchain? -- sorry no. You are a n00b. In the world of crypt0 this is a no no. I will never trust a bank and they will all be bowing down to Blockchain soon enough. They know its check mate now. STEEM is the best alt currency for daily use by long shot. It has fastest transaction time and global user base growing each day like a Virus that cannot be stopped. I would never ever trust any "bank backed" tether coin. 0 trust is the name of the game. SBD give us that. STEEM blockchain has good potential for many things especially with the youtube content that is being destroy each day by youtube network. they are constantly losing many top youtubers to steem. i have seen many youtubers come over now leverage content to steem blockchain via post link/dtube upload via IPFS.
To me this coin is clear signs of undervalue in this market overall. It can see its ATH still and has not touch it yet.
I CALLED IT! STEEM IS COMING TO THE MOON