I think I am in the middle. While I haven’t read the white paper, I think I understand the desire to have the two currencies. While I like the idea of stability, I also like the fact I traded SBD for up to 7 times the Steem.
I believe the huge rise in SBD started from speculation outside this platform. Then the internal market reflected that when folks were trading Steem to get SBD. I think the low amount of SBD makes it easier for speculators to manipulate the price. Not sure how that can be fixed, maybe more SBD put in circulation.