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RE: SBD Actually Means "Steem Blockchain Dollars", not "Steem Backed Dollars"

in #steemit7 years ago

The two statements aren't actually in conflict. One is just more precise than the other.

I think that as a general rule of interpretation, when two authoritative documents have a specific formulation and a general formulation, if the specific formulation applies, then it takes precedence. Also, as I understand, the whitepaper is a technical description whereas the blue paper is more of a marketing summary. It's not either/or, it's a description from two different perspectives.

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