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RE: Peg or Not Peg? Explaination of the Dollar Peg and Why Is It Important to STEEMIT Ecosystem by an ex Market Maker

in #market9 years ago

Nice! I was wondering about the same thing these few days as well. Even though steem price has dropped but sbd is not equal to 1USD. The purchasing power dropped and seems to cancel any "benefits" of buying "cheaper" steem