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RE: How much is a Steem Dollar Worth ?

in #merchant6 years ago (edited)

To my understanding, I think SBD would not be a stable way to transfer your money. I know it is very instant but the problem being it's value.

The current bear market proved to be disastrous for SBD. It's value is far below 1 US dollar now.

You can search about stable currencies and help your business grow.

If I put myself on your position. I would tell party B to transfer funds using XRP or Nano to my address and I would immediately convert those crypto assets into stable coins like Tether or Paxos... Ofcourse, withdraw it later since the value of stable coins is very constant against dollars.

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Hi @hash-tag I agree but I know in my heart as DTube grows this issue (the transfer of a payment) will morph into mainstream use. So it's great to see o many replies coming in from the Global community. Aloha, Rich