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RE: Is 5 SP equal to 5 STEEM?

in #steemit8 years ago

Thats correct, however there is nothing set up to actually keep SBD equal to $1 USD so it can fluctuate, for example recently $1 SBD was worth $2 USD.

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So theoretically is there any reason why STEEM couldn't be $50 and SBD could be $100 ?

At the moment there is no reason why they couldn't be, what matters is the value people give to them.