Without STEEM dollars, the current market cap of STEEM dollars would surely be combined with that of STEEM, no?
Even if this is true (I reserve judgment), that would only add about 3% to market cap, barely enough to notice.
Without STEEM dollars, the current market cap of STEEM dollars would surely be combined with that of STEEM, no?
Even if this is true (I reserve judgment), that would only add about 3% to market cap, barely enough to notice.
I wrote this comment before I discovered @thecryptofiend's concise explanation as to what SBD is and how it negatively effects the growth of STEEM.