Recently I heard it suggested that sbd's are returning to 1$ peg. I had to think about this for a moment as the statement confused me.

SBD's already have a $1 usd peg. That's how they are created.

What happens after they are created is where the magic happens :)

Seriously,

It's a thing of beauty here!

Let me explain:

It's called "layers" and "Network Effects"

See:

The SBD starts out as 1 and grows into more than the value of 1 because it is special.

Each SBD is special.

There's a limited supply - There's only so much in circulation. It stimulates the entire steem ecosystem. It drives up the demand for steem...into Steem Power.

It is beneficial for every single steemit participant.

SBD'S are an incredibly valuable asset that plays an integral role in the steem ecosystem.

• I wonder if we will see $100 SBD's. Relative to $10 Steem or maybe $22 Steem
• fascinating times

It seems to make a lot of sense to me:

The value creation...and overall growth in value of the Steem Ecosystem is on the verge of hitting ridiculous price level valuations. There's just so many network effects. So much strength in number. The numbers are only just starting to add up in terms of how massive this can get.

• It's like trying to imagine a color that doesn't yet exist.

• It's a whole new experiment in "financial literacy"...it's a life expansion exercise in powering a world economy through social media. It's kind of brilliant really.

• "The Steem Machine" - This wildy awesome decentralized world economy that's easy for everyone to connect to and grow markets, within markets, within markets...within markets within markets. The potential is endless.

• Perhaps eventually we hit a tipping point where the whole world knows what it means to be Rich.

steem on and cheers to steem in 2018!