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RE: Vlog 171: A higher STEEM and SBD price will increase development on the STEEM blockchain.

in #dtube7 years ago

Exactly. And with higher Steem price as well the content creator payouts increase in nominal value. Higher SBD with higher Steem has a compounding effect.

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I agree with you, but the SBD price is supposed to be 1$. the effects of the high SBD price won't be gone when SBD will go back to 1$?

I was expecting it to return to $1 too but it actually looks possible now that that might not happen. Like @exyle says, $1 is just the minimum price, there is no upper limit

1 SBD is always worth 1 USD worth of STEEM. There is currently no upper limit. The market decides what it's worth.