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RE: Reworking the SBD 1 USD Peg - Smart Contract?

in #steem6 years ago

true that makes sense I was not even thinking about that. Most merchant accounts however end up making the conversion at point of sale though from what I can tell? Say I buy $25 in bitcoin bitcoins price might drastically change however at point of sale the $25 is converted out of bitcoin into fiat right away. So the use case would be you sell it in SBD but keep it in SBD I don't see that happening all to often at this point of time but I could be wrong. (Just thinking lol)