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RE: Personal Finance Update: How I'm Setting Effective Financial Goals for 2018
So the way they peg it to the dollar is by either printing a lot or stop making them? Also, isn't that a bit dangerous, I've read a lot of criticism about Tether in that regard
Not exactly - every day the amount of rewards that Steem gives away is set in stone. But - they can give away more SBDs, or more steem, depending on external factors.
So the total amount of value does not change - but the amount of it rewarded as SBD or Steem Power varies. Right now it is 75% SBD and 25% SP, whereas in normal circumstances it is 50/50.
You have just answered a long time question I've had, I was wondering why I was getting so much more sbd as compared to sp, thanks!