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RE: Still in Defense of a High SBD: Why Witnesses Should not Implement Steem to SBD Conversions Now-

in #steem7 years ago

I will have to go with you Aggroed, I think the high SBD at the moment is an excellent incentive structure...We need to build a base from which we can branch, at the moment that base isn't there and we need to understand the mechanics we find ourselves in, I believe with time, there should be some stability with SBD but right now, I think SBD actual value is also a good metric of Steem growth.... Probably we can entertain stable conversion rate when Steem has establish a large enough base and trust is built within the system, for now we are not there