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RE: Chapter 2 of 11: Focusing on the Details of the Steem Wallet to learn as much as possible How to use it - Transfer Steem SBD - Convert it to ETH LTC Bitcoin or other Crypto - This is part 2 of the 11 Chapters (Full Guide) to help new people make their way
Thank you, appreciate the reply.
I found this video from @dan-atstarlite about the steem dollar and some speculation around it and how it is more stable like you mention above.
I guess I am still a little unsure who is buying up all the SBD the idea that it's minimum $1 does not seem enough. Everyday a high % of reward SBD must be traded out for other crypto or for steem to hold/power up and i struggle to imagine the demand for SBD being high enough. I wonder if i am missing some other mechanic in play or if it's as simple as the "market doesn't lie"