When you convert though the wallet, the SBD that you use are taken out of circulation. There are that many fewer Steem Dollars floating around.
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When you convert though the wallet, the SBD that you use are taken out of circulation. There are that many fewer Steem Dollars floating around.
If this is actually the case, shouldn't this be pushed as the biggest reason to use the conversion?
I have never heard of that, but would have used it if I knew that they would be destroyed. Theoretically that should increase the value of the steem dollars.