...but...WHO CARES??
At the end of April the price per SBD started to steadily climb up.
It had its peaks at around 2.1 USD and its current price is at 1.83 USD
For those of you who may not knew it yet, here is the definition of STEEM Dollar.
From the FAQ:
"Steem Dollars (commonly abbreviated SBD) are liquid stable-value currency tokens designed to be pegged to $1 USD."
"What?!? One $1 USD? So why is it trading for much more?" you may ask.
There definately are enough Posts about the possible reasons for that, but what I am really interested in is:
WHO CARES?
Im trying to think of the (negative) effects of the SBD being traded for double the intended value. I just do not find any.
Of course, the Post rewards are getting (kind of) out of balance, but I dont see a negative impact there.
So please, Steemit Community:
Enlighten Me!
What could be the negative effect of that, or do you think it really does not matter?
Discuss!
:)