The interesting thing is, when calculating taxable income on Steemit earnings, the "earnings" USD amount for SBD on the Steemit website pegs SBD to $1 and presents its value as such, but in reality, a liquid exchange is trading SBD at a much higher value.
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That's the free market for you. It's also part of the reason that I started this series of articles; I wanted to have a place that I could come back to for the value of Steem/SBD on any given day.