I had to ask why not keep the sbd price a little high. Why have they kept it at around 1USD.(though the prices are high now until corrected
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I had to ask why not keep the sbd price a little high. Why have they kept it at around 1USD.(though the prices are high now until corrected
SBD was designed to be like tether...a currency that was pegged to one US dollar.
This makes it easier for merchants when pricing things. It is hard for something to be money when it is constantly bouncing up and down at a 15% clip.
Of course, SBD fooled everyone and moved up.