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RE: Should SBD Be a Pegged Asset? If So, When Should We Peg It?

in #sbd7 years ago

I agree, looking at this in terms of stake holders is important, but I want to make sure we're using the correct definitions first so our premises can be accurately justified. The challenge with story telling in terms of stake holders is we can get caught into thinking correlation is causation. We might, for example, say "More users are joining now that the SBD value is high, so clearly we should keep it high to gain more users!" when the truth might more accurately be, "The rising value of the entire cryptocurrency market combined with STEEM / SBD being added to a Korean cryptocurrency exchange caused both to rise which increased the rewards pool and attracted more users because of their interest in cryptocurrency in general which increased due to the overall rise in the space."

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Getting the definitions right is a good place to start as it makes sure the conversation is all happening on the same page and it's important to get the WHAT right.

I did a bit of a Stakeholder Analysis on this issue because I think it's important WHO is taking part in the conversation. I'd appreciate your feedback on it if you have the time.

Great post! I'll add a link to it in my root post. I like how you outlined the various stakeholders involved.

Thanks for taking the time to check it out, and for the link. Much appreciated!