Should you and other top witnesses not setting price feed bias percentages, with a SBD Debt Ratio at 6+% ... there is to much steem being printed.
Or is it that you and the witnesses know this an play dumb? Because at 10% the SBD floor will be gone, and a bail-in is just what you guys want so that users and community be pickpocketed?
Who else is going to pay to bring that 15+ million SBD Debt down? Who is going to burn it?
Looking forward to your answer.
There is no basis for a price feed bias at this time. Nothing in the white paper (even accounting for subsequent changes in the consensus rules or understanding of the economics) would suggest it. Setting that aside, if a price feed bias were used, let's consider how that would work:
The rest of your comment is largely incoherent.
The SBD smart contract includes (since almost two years) the possibility that (based on 10% market cap) SBD may shift from being pegged (if imperfectly) to USD to being pegged to STEEM. If and when the ratio subsequently decreases, it returns to being pegged to USD. Any SBD holders who don't like taking that risk not only had the opportunity to sell over the past nine months at prices as high as about $10 but can still sell or convert at about $1.
Everyone is in the same boat here, we would all like the price of STEEM to rise. But if it doesn't the system includes reasonable rules for how to handle that situation with respect to SBD.
People may burn some coins (for example see the promoted feature) but that certainly isn't part of the consensus rules. No one should count on any amount of coins being burned.
BTW, referring to SBD as a debt instrument or debt-like instrument is an analogy. It isn't literal. "Debt" implies some sort of claim against an asset, which doesn't exist here. SBD holders have the right to trade their tokens or convert them according to the smart contract, that is all.
Those are the wrong answers. I am out. I see what course this ship has chosen... I wish you good luck on your adventures.