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RE: Irrationality In The Wild West Of Crypto: Hype Vs. Substance, Crazy Market Capitalizations, And The Destiny Of Bitshares And Steemit...

in #crypto7 years ago

I’m still confused as fuck why SBD is so high when it’s “supposed to be” pegged near $1. But hey, I’m not complaining, and perfectly happy to see it keep rising...

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Its not pegged to the usd anymore. Its no longer the steem backed dollar, instead its now the steem blockchain dollar.

well, that makes sense.

nice. 😎

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