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RE: SBD trading at a premium? Let's print some SBD!

in #sbd7 years ago

Right now is a good example. With bitcoin booming, anybody who wants to protect their profits needs a place to put their money that won't lose value -- and SBD is generally supposed to fill that role. However, right now SBD is guaranteed to lose over a third of its value as it drifts back down towards the peg. So now one of the key use-cases for SBD is broken.

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Ahhhhh. Got it. Thanks for the explanation!!