You are viewing a single comment's thread from:
RE: WHY ARE PEOPLE BUYING SBDS FOR SUCH A HIGH PRICE?
It was interesting, but I honestly don't know how this will affect the blockchain in the long term. However, my first concerns with printing more SBD is the potential to flood the market with Steem as well, if the price of SBD falls to less than $1.
That's a fair point, since the mechanism to peg SBD from dropping below $1 is a conversion to STEEM.