Hey, nice to see you joined the discussion!

So, here is something I think it is already part of Steemit culture for a long time:

The sbd peg doesn't work as the majority of us think it does.

I will write something more detailed about it soon, but I still have to do some research to be sure what I am talking about, but basically is this:

What most of us think:

Sbd is supposed to be have a pegged value of 1 USD.

How it actually works:

Sbd is supposed to have that same value of 1 USD in STEEM

Yes, it might sound like the same thing, and it took me a while to properly understand this.

Atm, on the internal market, 1 sbd is worth 5.115 STEEM Wich is actually .63 USD.

.63 USD can buy 1.015 SBD.

This kind of show that the peg is working as intended, because the amount of of STEEM you can buy with the equivalent value in SBD is pretty close.

Like I said, I still need to do some deeper research about this matter, and will write a more detailed article about this.

In the end, it's all some kind of Mandela effect, because most of us never actually understood how the sbd peg is supposed to work.