I'm happy we've done away with hyperinflation, but that's no reason to remove SBD since it wasn't the only way of escaping the hyperinflation to begin with. In fact, there were many options to avoid the hyperinflation of STEEM (including SP, almost any other cryptocurrency, most fiat currencies, etc.)
For many people, the primary value proposition of SBD was (and still is) instead to escape the volatility of cryptocurrencies, while still holding an asset 100% in their control (i.e. zero counter-party risk). In fact, I would argue that this is the best reason for most people to hold SBD (perhaps aside from earning interest, depending on your needs and point of view).
Some have also argued that SBD causes systemic risk. But in that case why not just lower the interest rate (substantially, if need be)? That way fewer people will hold it, but it will remain a selling point for some % of people that otherwise might not consider the platform.
Great point. I hadn't considered that. Could we make the interest rate zero or equivalent to it to in an economic sense to just compensate for real world inflation? I think that could be a compromise. Thank you:)
Great points here @tombstone! It also allows people to "hide out" in times of volatility in the underlying currency while not leaving the ecosystem... not many other cryptocurrencies allow you to do that! :) BTW, what made you pick your name? Tombstone is one of my all time favorite movies! :)