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RE: STEEM Update: The Chalice of Wealth Pours Until Your Cup Overflows with PROFITS!!
From the WHITEPAPER page 9!
"Steem Dollars are referred to with the symbol SBD, an acronym for Steem Blockchain Dollars. Creating SBD requires a combination of a reliable price feed, and rules to prevent abuse. Providing a reliable price
feed involves three factors: minimizing the impact of an incorrect feed, maximizing the cost of producing an incorrect feed, and minimizing the importance of timing."
Lmao - Who is the idiot now idiot, read the updated whitepaper smart-ass!