Ned mentions "there is less of a need for the Steem Dollar" now that the STEEM cryptocurrency has stabilized from the inflation correction.
I agree with the above wholeheartedly; however that doesn't mean that there won't ever be a need for SBD.
The fact remains that SBD is still a good long term investment; you have a pegged cryptocurrency that holds its value over time. That is something we don't want to forget, apart from bitcoin, what over crypto can claim that?
Next is the fact that the existence of Steem Dollars means that a lot of Steem is tied up in order to back the SBD being produced, which helps the supply side of the supply/demand equation.
Which leads onto the fact that SBD is a great way to burn Steem via the promotion tab, again shortening supply and increasing demand.
Ultimately, I don't want to see SBD go, it is a Unique Selling Point of Steemit.com, and we shouldn't rush to get rid of what makes us different and special.
My two Steem cents :-)
By the way, brilliant article @krnel, thanks for sharing this.
Cg