I'm glad I'm not the only one it parts the proverbial hair on. I think.
So, the whole peg to $1 USD thing. Please correct me if I'm wrong, but isn't the intent of the $1 USD peg to keep the SBD from ever being worth less than $1 USD, rather than keeping it from ever climbing? And isn't it in addition to that the SBD will always be worth at least $1 in Steem?
Yes, that is true at this point in time. But I believe in the past it also meant that it wasn't supposed to be higher than 1 USD.