Actually, there is also a change that could impact SBD prices because they are increasing the debt ratio that would allow more SBD to be available in the market and issued by the blockchain. If demand stagnates given the low prices, it could potential break the peg of $1 which it already has before recovering. I have read a couple of posts that raise this concern. However, given the ability to convert to $1 worth of STEEM is a good use case for SBD. And of course STEEM is a great asset to own!
Nice dear please give me a upvote and follow me done from my side
Moved to the Hive platform.
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Actually, there is also a change that could impact SBD prices because they are increasing the debt ratio that would allow more SBD to be available in the market and issued by the blockchain. If demand stagnates given the low prices, it could potential break the peg of $1 which it already has before recovering. I have read a couple of posts that raise this concern. However, given the ability to convert to $1 worth of STEEM is a good use case for SBD. And of course STEEM is a great asset to own!