Yep totally, that has bugged the hell out of me. At some point rumors were, the witnesses were trying to peg it back to USD. But is that possible in a decentralized system? IF it is possible, exactly how decentralized is the steem blockchain?? Hmmm, exciting questions!! xD
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Now wishing i'd paid more attention in all those economics classes. Maybe thats what they were talking about...😐
Good question. Can one currency be pegged to another in a decentralized system. Will try to find out...
HAH I didn't even take economics classes. Had accounting for a year and dropped it because I hated it so much 😁