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RE: If You Own Bitcoin, Bitcoin Cash (Or Any Other Cryptocurrency) You Should Read This

in #bitcoin7 years ago

SBD isnt supposed to be pegged to 1 us dollar. it simply means that 1 SBD is worth a minimum of 1 usd worth of steem. 2 different concepts. if you read the steem whitepaper this is what it says.

so, its not pegged to 1 usd. its just supposed to be worth a minimum of 1 usd of steem.