@ned - replying here because of nesting limits.
The facts ---
SBD increases STEEM volatility, which is bad for currency adoption
How does SBD increase STEEM volatility? Wouldn't more STEEM in the market increase volatility and drive the price down further?
SBD creates systemic risk
How? If someone could explain these first two questions like I was a 6-year old, I might understand why we're even having this discussion about removing SBD from the system. I think I'm missing something here.
SBD means a multi token system
Even if only Steem existed, it's still a multi-token system from a practical standpoint. I can't spend Steem. I first have to exchange it for BTC then to fiat to buy most things.