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RE: Steemit Good News Story #3 SBD Bull Run and Steemit Winners back by Data

in #utopian-io7 years ago

Ah okay, but I was under the impression Steem Dollars were pegged to the dollar and Steem was volatile... how come STEEM is stable but SBD was $14?

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SBDs are always trying to be pegged to a $. The peg is apparently easier to push up than pull down, which sounds like, on the face of it, a benefit to all of us here :)

Indeed, thanks for the help, joined yesterday and still learning the ropes.