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RE: STEEM DOLLAR NEARLY 14 $ - WHAT ON EARTH ?!!!!!!
from what I understood there really isn't a peg mechanism in place for when the SBD gets valued higher than USD
Actually there is such a mechanism - witnesses can increase SBD supply with Bias variable. They are not doing it though, at least now.
Interesting! Seems the more I learn about Steem, the more I see that I understand very little..