Viewing a response to: @taskmaster4450/steem-doing-good-in-the-world
Another key advantage when using cryptocurrency to send money is that it doesn’t matter what the price of the token is. If you want to send someone $100 and the price of the token is $100, you send one token, but if it was $1, you send 100 tokens. To the person on the receiving end, it’s still worth $100 and they can redeem it in any denomination they choose, fiat or cryptocurrency. Price volatility has no effect so long as it is redeemed in a timely manner.
author | jdkennedy |
---|---|
permlink | re-taskmaster4450-pw2sew |
category | palnet |
json_metadata | {"tags":["palnet"],"app":"steempeak/1.14.12"} |
created | 2019-08-11 14:04:09 |
last_update | 2019-08-11 14:04:09 |
depth | 1 |
children | 0 |
last_payout | 2019-08-18 14:04:09 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 HBD |
curator_payout_value | 0.000 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 462 |
author_reputation | 1,192,759,598,423 |
root_title | "Steem Doing Good In The World" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 89,404,234 |
net_rshares | 0 |