You are viewing a single comment's thread from:

RE: SBD seems to no longer be pegged the the USD!

in #steem7 years ago (edited)

Steem White Paper it states: "The primary concern of $steem feed producers is to maintain a stable one-to-one conversion between SBD and the U.S. dollar.
The claim that a minimal USD value can be assured by any crypto currency is untrue and simply untenable.

Sort:  

Unless steemit controls the market of SBD by buying and selling to make the price as close as 1$ as possible.