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RE: HOT: Steemit just got Updated!!
I think they get burned, which is even more fantastic, it stabilizes SBD, big time.
Now the 1$ peg can easily be respected, and the added utility of SBD will also add more volume to it probably.
For sure. I could see SBD even going above $1 now. There is a fixed supply, and now a huge demand :)
Well not necessarly, because people also do cashout SBD sometimes, but it would be nice if the 1$ peg is at least sustained. SBD should not be a speculative instrument, for that we have STEEM, SBD should be stable, and I think the devs are doing a good job to maintain this.