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

in #ned8 years ago

Thank you. I have just spend hours posting on various comments related to this to get the answer I was finally looking for. Thanks for getting right to the point so simply.

I wouldn't hold Steem (other than Steem Power) as a currency though, would you? It's too volatile to hold.

Sell it or power up is all most people would do, right? If too many sell, the price drops, if too many power up, the price rises. Removing SBD would mean there's no place to hold Steem except to power up, the rest would be sold. Who and what benfits from that?