Thanks for the insight. That concept makes sense but i can’t see what’s driving a demand. On the site, we use steem and sp for everything so why is sbd needed for anyone? The sbd we get is brand new and in short supply but i don’t see what utilization is has for being something people want? Unless it’s just because it’s a crypto and thus people want it. Lol. It works for us!! I love that sbd is higher than steem!!!
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I get what you're saying, and at this point I agree with you. However, back in the day it was worth $1 per SBD, and it has backings to ensure that it's value will never fall below that price. For if you bought it at $1 you had a crypto that could not lose any value, but still gain value, which is a good deal! However, at the current prices I don't get why people still want it.