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RE: @Ned: Steemit Is Creating An SMT!!!! Only Real Humans!!!!
This is becoming way to complicated for mass adoption, most people are still struggling with STEEM, SBD, SP, posting-, active-, owner-, memo-, masterkey, 50/50 and 100% payouts and all the interesting rates.
Can somebody explain to me what SBD to STEEM ratio got too high exactly means and how the STEEM you then get gets calculated?
For a ratio you divide Steem with SBD. SBD simply should only be worth and thus traded for 1 USD.
It might be that SBD is that high for a specific reason only insiders know. But technically it should only be valued 1 USD. Everything above is a gift in my eyes...