Almost everyone in the witness leaderboard has got negative interest rates already.
Huh? I don't see that at all. There is not a single negative interest rate in the top 19. Are you sure you are not looking at "Bias"?
You are viewing a single comment's thread from:
I'm not even sure how to actually set a negative interest rate on it. I am going to tinker with that a bit later today. My bias is set to -10%. I just hate USD and anything resembling it, for very many reasons I don't think I have to explain to most people here (even if they still are deluded that you can even save USD at all).
No, it does not allow negative interest:
unlocked >>> update_witness "l0k1" "https://steemit.com/witness-category/@l0k1/witness-update-jan-31-2017" "STM7Cw11iPPnXewfPbA3Jso7RSar67pMcVGpPi7v1uvo29jm1YPLV" {"account_creation_fee":"10.000 STEEM","maximum_block_size":65536,"sbd_interest_rate":-0010} true ... 10 assert_exception: Assert Exception sbd_interest_rate <= STEEMIT_100_PERCENT: {} th_a steem_operations.hpp:388 validateYou also bring up a good point: SBD is actually a better asset than the USD. The USD has negative interest rates on it (inflation) and they passed the ZIRP through the looking glass into la la land where they pay you to borrow the money and charge you to deposit. Or at least that's how banks are treating each other now. We are getting gouged on account fees and spreads as hard as they can.