Comment by Richard Onsman on "I am Jake Brukhman. Ask me anything."

I don’t think Steem’s blockchain does that — I think the market trades it around a dollar. If you’re referring to Steem Dollars (SBD), then those assets have a stabilization mechanism based on data feeds built into the Steem blockchain.
I’m not sure. Steemit is a private company. Steem is a public blockchain. It’s hard to see how a public blockchain might “fail” in the traditional sense of the word. It just keeps doing what it does. Steemit the private company might fail in the sense that it will fail to generate revenue and fire its employees, but I have no special knowledge of the inner workings there.

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