Steem of course is more valuable than SBD and in fact the steem is the base of the entire steemit and SBD is more of a synthetic crypto coin. In the long run steem may even rise heavily where as SBD will tend to reach its parity value which is 1 USD.
what should keep SBD equal to 1 USD? I understand that if everyone thinks it's worth 1 USD that's what it is worth but how can that be controlled or how can the people behind steemit do something that brings SBD value back towards 1 USD.
Most steem I assume is locked up as Steem power, and people can earn ( mostly SBD) by keeping Steem power and voting, SBD has an advantage that if you need the money you can sell it quickly
Steem of course is more valuable than SBD and in fact the steem is the base of the entire steemit and SBD is more of a synthetic crypto coin. In the long run steem may even rise heavily where as SBD will tend to reach its parity value which is 1 USD.
Thank you...steem on and stay blissful...
what should keep SBD equal to 1 USD? I understand that if everyone thinks it's worth 1 USD that's what it is worth but how can that be controlled or how can the people behind steemit do something that brings SBD value back towards 1 USD.
Most steem I assume is locked up as Steem power, and people can earn ( mostly SBD) by keeping Steem power and voting, SBD has an advantage that if you need the money you can sell it quickly
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