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RE: Buying Into LBI

in LeoFinance5 years ago

I used to love SBI when it came out but why LBI is better is because they use the LP staked to curate quality content . That isn't the case with SBI or HBI unfortunately. You pay money , you get upvotes for poor content.

One more benefit of LBI is , it will put upward pressure on the coins that they decide to invest , like SPI for example.

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I guess there's a confusion here. SBI was Steem Basic Income and offered upvotes to those who invested. What taskmaster is referring to is SPI, a different one with different benefits.

This one https://leofinance.io/@spinvest

LBI is going to use the stake accumulated to curate but not in the way SBI does, at least I hope. Sorry for editing my comment 🙂

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No no I got it. I was referring to SBI itself and not SPI . I told I like SPI kind of investment because it promotes the whole ecosystem of Leofinance but SBI can be used to upvote poor quality content.

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That is true. Votes are automated.

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I was thrown for a loop by that comment also. I didn't know where the SBI reference came from.

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