RE: Ned on SBD: "Does the community want to continue to be paid out in Steem Dollars?"

Entrepreneurs should not be focused on creating perfect systems, but focused on something what can be widely adopted (like USD). Only this kind of thinking can actually cause global impact.

This is like Tesla vs. Edison, where Tesla wanted to create perfect electricity system, but Edison succeeded with wide adoption.

Listen from 35m17s:

Moment where we should remove SBD because it would be no longer needed is in my opinion years ahead from now.

Concurrency need to be has utility, its' real value is when it is a true medium of exchange a, but because of volatile nature of bitcoin price, right now crypto-community gathers enormous amount of people which accepts risk on daily basis (popularity of Steemsports on steemit is not a coincidence). But we will not be able to build product which will be mass-adopted if this will target only people which accepts risk.

There is a reason why adoption curve looks like this:

and because of the same reason here we have so many opinions that SBD is unnecessary (current steem community accepts enormous risk).

We need to eliminate a risk from steem and steemit as much as we can, and from user's perspective SBD is a way to participate in the system without big risk.

SBD should stay if steem want to be mass-adopted
(...and by mass-adoption I do not meana tiny adoption which bitcoin has right now, but adoption which has Facebook or Apple)