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why is it a bad thing?

Less profits for people who hold Steem in the long term.
But honestly, that's just being greedy in my opinion.

Steem jumped with 50%, SBD 'only' with 20%. So Steem is a little bit more expensive. Not a big deal.

Yes the vaule of the steem dollar is rising correct?? Ive never got a chance to use any of mines.. All I do is post but I do need tonl take time and look over the steem dollars ive earned..