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RE: Thoughts on STEEM-Backed Dollars and Holding the Peg
I am not significantly concerned yet about this issue and I agree with you that nothing should be done (yet) except monitoring of the situation. However, it certainly is a problem, and if STEEM is to become a mainstream currency, the SBD must always be stable around the $1 mark.
What you say is the logically the same as to say that steem has to be more stable (to what?) then Bitcoin.
Too far away to worry about now I would say.