What a balanced approach. As a little people on Steemit, the downvotes, as I mentioned in a previous comment, made me cash in my SBI. If there is an explanation and the misplaced animosity towards this type of initiative changes, I may reconsider my involvement with SBI.
You are viewing a single comment's thread from:
You can "cash in SBI." I didn't know that.... how is that done?
I have mentioned to others to help support the @ilovemk311 acct. with SP delegation to help counter those pesky downvotes.... we'll see if that generates any traction.
You can go into the sbi Discord and see if there are any buyers for sbi units. I know ecoinstant was buying them.
I traded mine back a couple of months ago, think it was about 800 units across a few accounts but it's possible.
Thanks for info @nickyhavey I didn't know you could do that... so I imagine this is something done behind the scenes by those in charge of SBI? It isn't something the holders of the SBI shares do themselves, right?
I actually think you can do it with other sbi members too. Just need to discuss a price. Then you send a memo to the steembasicincome steem account saying "transfer all sbi units to xyz", it gets manually checked and then transferred over. Then whoever you sold your sbi units too transfers the steem.
If you don't get the steem transferred from that buyer then you just bring it up with steembasicincome and they will transfer the units back.
That is pretty good info to know. I didn't realize, although I don't plan to really ever do so.... it is good to know because you never know.
You do never know but it's always good to be informed hey! Glad to have helped.