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RE: Overinflated SBD Prices Are Not Good - Here’s Why

in #steem6 years ago

I agree with you Matt about the inflation factor putting the stability of the economy at risk, but to those who hold onto their SBD as well as those trading it away, isn't it really a win as well? What do you think is causing the inflation to begin with?

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In my limited understanding, it may be the result of mega-whales storing lots of money in SBDs and/or intentional pump & dump schemes. There might be a tie-in to the recent drama surrounding Tether, another dollar-pegged cryptocurrency, as well... hard to say tho.