If a Steem Dollar is supposed to be worth, well, a dollar, why is the current price $10?
RE: Still Confused by Steem, Steem Dollars, and Steem Power? The Power Plant Analogy
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Still Confused by Steem, Steem Dollars, and Steem Power? The Power Plant Analogy
Back when this post was written (last year), we were all thinking it would stay around $1. It's worth AT LEAST $1 and if traders pump it higher, then it's worth more than $1. :)
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