You are viewing a single comment's thread from:

RE: SBD Is "Broken"? 342

in #sbd7 years ago

Wait... there is a word for when someone sells you something and tells you, that its worth is higher than it actually is... yes.... "scam" was the word I was looking for...
Seriously, did Steemit not tell everyone, that SBD will always be 1$ worth of Steem?
Isn't this the actual concept of SBD? This is like Tether telling everyone, that USDT is now suddenly only worth 60 cent....

Sort:  

I was thinking fraud at first. lol
To be fair it is sort of a bankruptcy thing. They stop printing SBD's when the debt ratio drops below 10% and they might not be able to pay them out from the pool but I'm not sure.

Coin Marketplace

STEEM 0.06
TRX 0.29
JST 0.046
BTC 65525.97
ETH 1909.38
USDT 1.00
SBD 0.49