RE: Thoughts on STEEM-Backed Dollars and Holding the Peg

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Thoughts on STEEM-Backed Dollars and Holding the Peg

in steemit •  7 years ago 

In theory if there were more supply of SBD than STEEM at your target price, and you wanted a lot of STEEM, you could buy SBD and convert it to STEEM.

But in this case it seems like foolish speculation. There are much more efficient ways to short bitcoin.

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7 years ago by

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