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RE: How to Exchange Steem Dollars for Steem Power
Okay so even though it's pinned the US dollar it doesn't really matter. As long as steemit increases in value the cryptos will most likely increase as well.
Yeah, I think that was the original idea but it hasn't really been pinned to the dollar for the last three months. Again, there could be a change to the blockchain (or circulating supply) to correct this but as it looks now I don't see it going back down. It appears to be increasing in value as more and more people use it. And I hope that trend continues. :)
No actually blockchain is actually continually producing more steemdollars than ever to restore the usd pef. In fact the 50/50 is not true and more of 70/30