You are viewing a single comment's thread from:
RE: SBD Print Rate: 0%
for example the supply of SBD being 15 million rather than 1 million, where it was before the first SBD pump in 2017
That's a really big point
for example the supply of SBD being 15 million rather than 1 million, where it was before the first SBD pump in 2017
That's a really big point
That's the pegging mechanism in action. It it just really slow unfortunately, and has other issues. But it isn't nonexistent or completely ineffective (I think).
This is my understanding. On the low side it has a hard ped (redeemable at $1) and on the high side it has a soft peg (prints more and no one redeems).