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RE: Let's talk about blockchain business models, before our own apps destroy our economy
SBD is a very useful mechanism due to it's programmed scarcity. As long as we have useful products which only take SBD as a payment method, it helps bring value to both SBD and STEEM. Of course, 99.99% of people never realize this.
It means SBD is a prototype for the many tokens out there, difference being that the tokens are printed like crazy and without any plan whatsoever regarding to a susteinable and backed business plan.
SBD was never intended as a stable coin. I throughly disagree with you unless I missed your point entirely.