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RE: A $13 SBD - The Poisonous Apple For The Steemit Minnows

in #steemit7 years ago

The SBD is pegged to the US Dollar. This means that at every point in time, the Steem Dollars is supposed to be worth 1 USD, anything more than that is a bonus that needs to be cash out before it comes back to its original Peg.