If SBD doesn't become pegged there is no use for it and we have to get rid of it.
I am just afraid that Steem will decrease in value if the rewards will be paid only in Steem. Anyway I think that's a good decision for the long term of the platform.
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I do not think so. When we have only ONE currency to concentrate our FIAT/BITCOIN capital on, then it should be STEEM/STEEMPOWER since those have voting rights.
Yes, you are right, I am just afraid of that fud, then everything will be back to normal. I really want SBD to disappear, it make no sense at the moment.
We have to do something. The right people have to see this. If USDT can be pegged then also SBD can. If noone can take care of that, let's say bye to sbd.
recently I have been paid more in liquid steem than SBD anyway, its actually better because all i do with SBD anyway is either convert it to steem on internal market,or just sell it on Bittrex.
Getting paid in just liquid steem will be nicer
instead of SBD we can use an SMT to become a BitUSD like stable coin using oracles and bancor
Ahhhi see the vision now! :D The SMt/SP option for the post rewards underneith 100% SP , it will be replacing the 50/50 option... i think we will now have the option of 50% SMT and 50% SP , or just 50% Steem 50% SP? Hmm i wonder..
see when I made that based on what i read in the Github page for SMTs, i didnt realize the SBD option might be gone by then
And hey instead of a pegged SBD type asset we can simply use built in calculators in order forms to just allow for an easy conversion from steem to dollars i mean, that shouldn't be a problem.. people use Bitcoin to denominate things and sell things in Bitcoin for like 0.01 BTC etc, so that works fine, so we really dont need SBD. And we can just use an SMT as a dollar pegged asset, we can have gold pegged assets, we can have euro, ruble, yen, pound, yuan or Won pegged assets.... its gonna be nice :D
exactly, if USDT can be pegged, so can SBD, and infact SBD was pegged VERY stable for a while!
It's only pegged internally.
If Steemit.INC failed to keep SBD to $1, why do you think they can do it with another coin/smt/token
The tether isnt broken its peoples perception of STEEM/Steemit that is broken
Even Bitfinex's tether fluctuates in price at times based on supply and demand. If you follow the history on coinmarketcap you can see that during the period that the price was crazy for sbd there was nearly no trade volume
We could still show the dollar value of posts, just pay in steem and show the dollar value right beside. The value can be taken from places like coinmarketcap. Even give people an option to pay in USD when sending the transaction and it would send the appropriate amount of steem.