RE: SPinvest is done with paying conversion fees - This is gonna save us a ton a money
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It seems like a great idea, but when the markets start to swing, we are going to want to keep our investment in STEEM, not fiat.
I thinks its great as long as we are playing with small amounts (1000 steem at a time?)
If you put this up for a vote, I am in. I tried sending a paypal payment last time, but I was too late. Sending one again this month.
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If the market starts to swing and the price of STEEM goes to 50 cent -$1, we'll not be worried about a few hundred dollars. If the price goes up to 50 cents plus, i would think that we would be cashing out as much as possible. Cash-out during the bull run and buyback double are triple that amount during the bear market. My aim is to build the STEEM value and long term plays like this are in the planbook.
There'll be no vote. It's a no brainer. When we bought are silver bullion, the fees were around 80 STEEM in total. That's not happening again :)
I'll be posting the monthly fiat to SPI token group buy on Monday. I remember getting your payment last month and refunding it.