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RE: Addressing the Steem Dollar Situation
It seems more reasonable than pegging it at $10 like a lot of people have been suggesting.
It seems more reasonable than pegging it at $10 like a lot of people have been suggesting.
Pegging it at $10 does literally nothing other than putting a bandaid over a problem. We need to find a better permanent solution.
There are now about 3.8 million of SBD and about 246 million of Steem in circulation.
At $135/SBD market cap of SBD would equal current market cap for Steem (507$ billion)