RE: Thoughts on a Proposal to Buy and Burn STEEM using the DAO

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Thoughts on a Proposal to Buy and Burn STEEM using the DAO

in steem •  7 months ago 

What happens to USD value of SBD held on large quantities , by any user , As an investment in asset ,

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7 months ago by

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      ·  7 months ago 

    The USD value may go down, but investors are free to do what they want, either buy or sell. However, I don't think us keeping SBDs high simply because some people bought them high is a good reason to do so when the coin was originally designed to be a stable coin pegged very near a dollar.

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