Good write-up honeydew. Will be very interesting to see where the value of the SBD goes in the future. One one hand it is meant to be valued at $1 USD like you mentioned. But on the other, it is also a trade-able commodity which seems to be a bit of a conflict of interests. As long as it's able to be bought and sold, the value will always fluctuate with supply and demand and whether or not investors see value. Will it ever settle at $1? I personally don't think so, as long as it's able to be bought and sold.
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