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RE: The trouble with SBDs - a poll

in #steemit7 years ago

Oh absolutely, I am not disagreeing with you at all. I was saying that just like a regular pump and dump, this is not a sustainable position.

We seem to have to wait for the irrationality to blow over. I realize I also didn't address your main point that in these conditions printing more SBD does not necessarily help, and I also partially agree (we can probably afford to print some more, but the amount I am thinking is probably insignificant in the big picture of the pump).

The best part is this all is that to the credit of crypto, SBD cannot be arbitrarily printed willy nilly. There are controlled processes :)