from what i know the value of the SBD is always backed by 1$.
the reason it is worth more currently is speculation.
unless steemit will just plain out say 'this can only raise to 1.1$' like tether then i don't think we will see anything like this.
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The word on the street is, is that it will either be Tetherized, or removed completely.
without the team behind steemit coming out and saying something i highly doubt it will be made thetherized.
removed would only be bad puplicity for steemit as SBD is starting to get incorporated in stores etc.
if they make is like tether i can see a shit ton of people leaving the platform. people hate tether as is and i for one would not be staying if they made it like that.
i am completly fine with the current system of it always having a min value 1$ but the community can deem it worth more and therefor it's worth more.
I agree, and maybe more witnesses will see it your way, but don't forget to exercise your right to vote, by voting for the ones who want to keep the current system in place.