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RE: SBD Confusion? I Have Reached A Decision And Share What I Did...And Why.

in #steem7 years ago

Ha no problem - although I'm as happy as everyone else about what's going on with SBDs, I do feel it's overall a bad thing for the Steem platform for precisely this reason.

They exist to make things simpler for people - no conversion math to do, 1 SBD = $1 USD. Without that it defeats the purpose of SBDs entirely.

But I guess I shouldn't look a gift horse in the mouth as the saying goes!

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Do you think this is just a pump that someone decided to engage in and they will dump it soon?

Other than that, is there a reason why someone would buy something that is pegged at a $1 and pay $12?