The Steem Dollar, as you probably know by now, was intended to run 1:1 with the USD. This would mean that 1 SBD would be equal to 1 USD.
However this has not been the case for a few months now. The SBD has been acting like a normal cryptocurrency.
The good thing about this is obvious: creators will get a lot more money for their content than they normally would. This is a great thing for Steemit at the moment as it is really helping to grow this platform.
Steemit and DTube are still pretty new so with a high payout, new creators are much more likely to join.
The bad thing about an unstable Steem Dollar price is a bit more complicated and something I discuss further in the video. I hope you find this interesting and let me know what you think in the comments.
▶️ DTube
▶️ IPFS