in a future without the US Dollar what fate for the Steem Dollar SBD ?

simoneighties (53)in #steemdollars • 8 years ago (edited)

I think many of those involved in bitcoin are foreseeing an eventual US dollar collapse, hoping bitcoin or other cryptocurrencies emerge in its place.
what would the implications for Steemit be?

if the US Dollar went to 0 would SBD still follow it or could the Steem Dollar be changed to peg to Gold, Bitcoin etc?
how important is SBD for the Steemit economy? without it, and with just liquid Steem as currency, would the Steemit economy still be feasible?
thank you for any answers

#sbd #money #steem #steemit

8 years ago in #steemdollars by simoneighties (53)

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simoneighties (53) 8 years ago

the answers to these questions can be found in this recent post by Dan:
https://steemit.com/steemit/@dantheman/steem-dollars-have-limits

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