You are viewing a single comment's thread from:

RE: SBD is no longer $1, what do we do? (Witness Discussion)

in #witness-category8 years ago (edited)

We wait it out, changing the value of SBD is a bad idea because it sets the precedent that changing the price is acceptable. Why have SBD stay $2 or $4 we can just change it again and again. Issuance of SBD over time will correct the price. It just might take a while. I like Tims idea to speed up this process and get it back to $1. Keeping the pegged value constant at $1 is important IMO.