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RE: I'm Nathan Mackenzie Brown, chief architect of one of the most successful local currency in the US, a professional marketer interested in promoting Steemit.com and someone interested selling his services for SMD.

in #introduceyourself • 9 years ago

How are you calculating these numbers? I'm not see how I gave you the data you need to calculate our USD velocity.

9 years ago in #introduceyourself by
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     9 years ago  

    USD velocity comes from the Federal reserve:

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       9 years ago  

      Oh, I thought you were talking about the velocity of USD in our community, not the velocity of USD nationally. Yes, our velocity is much higher because it doesn't make sense for people to hold a lot of our local currency in savings. It would create a lot volatility in our small money supply that could cause a liquidity problem.

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