thanks for the post, but what the bias actually changes is the Steem price that he publishes... since blockchain determines SBD always to be $1 worth of steem... and has no view on price of sbd other than that.
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I think witnesses report STEEM price in USD not SBD price. As you said SBD price is hard coded at $1 into the Blockchain.
Yes that is the usd value of Steem. That the price feed is deciding.