Very educative post. Without a doubt the fact that SBD is pegged to 1USD gives it more credibility. SBD all the way!
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Very educative post. Without a doubt the fact that SBD is pegged to 1USD gives it more credibility. SBD all the way!
Minor correction to your comment @obafems. As things currently stand, SBD is not pegged to $1 USD. SBD's price floor is set to $1 USD worth of Steem, but there is no set ceiling on the price of SBD. The price floor is a valuable feature of SBD that Steem does not have. Therefore, the market dictates the price of both coins, but SBD seems to have a safety net (price floor) and a lower supply relative to Steem.
Now I know better, thanks for the education.