Should you and other top witnesses not setting price feed bias percentages, with a SBD Debt Ratio at 6+% ... there is to much steem being printed.
Or is it that you and the witnesses know this an play dumb? Because at 10% the SBD floor will be gone, and a bail-in is just what you guys want so that users and community be pickpocketed?
Who else is going to pay to bring that 15+ million SBD Debt down? Who is going to burn it?
Please do not spam with such off-topic comment, it's totally unrelated to top level post or my comment. There are plenty of places for such discussion, this is not one of them.
No, I'm not going to set non-zero price feed bias at the moment.
It's not playing dumb, it's a deliberate decision
Tips: Take a look at SBD demand over last months, compare to STEEM going down. Think what is the reason of reduced SBD printing. What's the difference between printing STEEM vs printing SBD which is then converted to STEEM? What changes if you add positive bias to such conversions? Etc, etc.
I know!! Fukuoka reminds me Fukako all the time! Hehe
Hope you doing well @gtg!! :D Can't wait to see you in Poland!
Likewise! :-)
Should you and other top witnesses not setting price feed bias percentages, with a SBD Debt Ratio at 6+% ... there is to much steem being printed.
Or is it that you and the witnesses know this an play dumb? Because at 10% the SBD floor will be gone, and a bail-in is just what you guys want so that users and community be pickpocketed?
Who else is going to pay to bring that 15+ million SBD Debt down? Who is going to burn it?
Looking forward to your answer.
Please do not spam with such off-topic comment, it's totally unrelated to top level post or my comment. There are plenty of places for such discussion, this is not one of them.
No, I'm not going to set non-zero price feed bias at the moment.
It's not playing dumb, it's a deliberate decision
Tips: Take a look at SBD demand over last months, compare to STEEM going down. Think what is the reason of reduced SBD printing. What's the difference between printing STEEM vs printing SBD which is then converted to STEEM? What changes if you add positive bias to such conversions? Etc, etc.