Conversely, SBD is a reckless idea when Steem is 95%+ volatile. Steem should not be backing anything, let alone a USD. The SBD debt collected during the initial Steem peaks has been tremendously detrimental to the Steem network.
Perhaps the idea of the SBD can be revisited once Steem is stable, but then the argument would be there's no need for SBD.