RE: Houston, We've Got Too Much SBD! - Read What´ll Happen Now!

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Houston, We've Got Too Much SBD! - Read What´ll Happen Now!

in steem •  7 years ago  (edited)

Wow, great write up bud! I was curious why they did that. Good explanation, thank you!

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The why is actually quite easily explained. As SBD are backed by steem a certain range has to be maintained or otherwise the whole system implodes.

So, why have SBD at all? Seems like an extra step in a system that really doesn't need it. Like the 2 dollar bill.