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RE: Vlog 327: With the future of SMT's in mind I think a safe heaven on the STEEM blockchain in the form of a stable SBD would be extremely valuable if it can be done.

in #dlive7 years ago (edited)

I understand your point but where do we find the blockchain function(where 1 SBD is always worth 1 dollar of steem)?
I mostly used exchanges or internal market to trade sbd for steem and vice versa.

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There used to be an option for it on steemit.com but they removed it after people started to convert 1 SBD (worth $10 USD back then) ---> $1 USD worth of STEEM. Some people got really burned.

I expect this option to come back when 1 SBD is back where it belongs.