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RE: Vlog 157: Do not convert your SBD to STEEM with the convert function in your wallet! Use the Internal Market.
so this would be useful when SBD is worth under 1 USD, and would actually be a mechanism to bring it back up to 1 USD. However, when SBD are >1 USD, the conversion tool doesn't contribute to bringing the SBD price down, since there are more profitable ways to use your sbd, like the internal market