What is the point of SBD? by hyperbatata

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· @hyperbatata ·
What is the point of SBD?
Hello steemians!

![sbd.png](https://cdn.steemitimages.com/DQmUbdjGyn9gjVNQfn5hzCXAVqMFFCwSePfDiRGnNerxwUR/sbd.png)

To me, steem is a quite an unique crypto. Not only due to its uses and steemit.com, but because of the different tokens it carries along.

Probably most of you know how steem backed dollars (SBD) work, but I fail to understand the point for its existence!
You don`t really use it on steem network, and just basically hold it. !

Could anyone share some light on this?
πŸ‘  , , , ,
πŸ‘Ž  , , , ,
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vote details (10)
@steemitboard ·
Congratulations @hyperbatata! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

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@hyperbatata ·
Whoy did you downvote this, @treepi? Honest question!
πŸ‘  
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vote details (1)
@dromihete ·
What the fuck is your problem with downvote?
πŸ‘Ž  
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vote details (1)
@bluengel ·
plz read the comments left for @hyperbatata

don't do that harmful DV without understanding the situations !

have a good day !

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@bluengel ·
![](https://steemitimages.com/0x0/https://d1vof77qrk4l5q.cloudfront.net/img/f4786d5f5abd4f4c92e11c0cc8f5a073f517504a.jpg)

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![](https://steemitimages.com/0x0/https://d1vof77qrk4l5q.cloudfront.net/img/b1f09c60a6afcaf99b5ca49095dbaa08c0c59f3f.jpg)

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@steemitboard ·
Congratulations @hyperbatata! You received a personal award!

<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@hyperbatata/downvote_stinc.png</td><td>Did you downvote Steemit's posts because its owner converted it into a sockpuppets factory? OK, you deserve that badge!</td></tr></table>

<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@hyperbatata) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=hyperbatata)_</sub>


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@steemitboard ·
Congratulations @hyperbatata! You received a personal award!

<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@hyperbatata/downvote_js.png</td><td>Look's like you do not like Justin. Did you really downvote him?</td></tr></table>

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vote details (1)