it destroys the SBD tokens and replaces with them with "approximately one USD worth of STEEM per SBD"
Not that I ever did it that way...But, I had no idea that was how it was set up. Pull request should say, please remove this tab
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Had the discussion with the dev team, and they want it there. They want users to be able to take advantage of the blockchain feature if/when it is in their advantage (example - if we ever had the reverse of what we have today). With it in place, I think educating users on it is going to be the best path forward.
I noticed they removed it. I am glad.
I see their point here. Let's say, if one day Sbd drops far below, maybe this converting function could make some correction here on the blockchain (I don't know that much about either economy or the mechanism out there). But if this function exists, there should also be one opposite one in case today's case happens.
Still, I totally agree with you. Adding some tutorials on each function out there would be the best idea.
No, the conversion is actually very important for some uses! If the value of the SBD falls below $1, we can always use this to get 1 USD worth of Steem per SBD token. This means that this is the entire thing that prevents the SBD from falling below $1, so it's extremely useful at times!