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RE: STEEM: Ask It And I Will Try To Answer It.....Let's Hear What Is On Your Minds
SBD was designed to be like tether...a currency that was pegged to one US dollar.
This makes it easier for merchants when pricing things. It is hard for something to be money when it is constantly bouncing up and down at a 15% clip.
Of course, SBD fooled everyone and moved up.