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

in #sbd7 years ago

Agree with these thoughts as well. It may be that steem and SBD are such a small ecosystem at this point that it really cant support a peg. I also was thinking of the term "chasing the dragon", I would hate to see such an important decision rushed.

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It may not be big enough yet, but the flip side of that is if SBD grows too much more and continues to increase in value, will we completely lose the opportunity and have to make a tougher decision in the future if we do want a stable peg? Also, if the peg is fully broken for a long period of time, why would this blockchain even bother having two speculative coins? It's just confusing.