Oh, you have a very good point. I remember reading about it now when you mentioned it. I'll update the article with the accurate information later today. I need to read both yours and tims articles before, so I get the details right.
Thanks for pointing this out!
Big fat caveat: in some jurisdictions, converting from SBD to Steem may be a taxable event.
I've updated the post. I used your comment as the source. I hope you don't mind. :)