Actually the majority of the crypto space doens't know anything about basic economics. They only go with the hype, and the promisse that they will buy lambos.

Cryptos is a damn interesting economy ecosystem, with lots of different models being applied, but most of the people don't want to know that. And that is where they loose, when "investing" in things that don't have fundaments that make it have a long term value increase (like SBD)

STEEM to SBD is the proposal of some witness (wich i think will probably have a catastrophic consequence), but @buggedout wrote about that the conversion SBD to STEEM should be avaiable now to avoid hyperinflation. At least that is what i understood.

(SBD to STEEM possibility is made avaiable as soon as SBD is below 1 USD, as a mean to burn SBD.