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RE: The Value of stable SBDs to me
I agree. The people need to peg it to the USD. If we all just agree to except SBD 1 for 1 in the market we can have a stable currency. When people hodle SBDs for the hopes of getting more down the road we fail to peg it. Haha what if we had the SBDs pegged by how much the currency moves around. If people don't move SBDs the block chain prints more SBDs. Haha like inflation but weird.
Pegs have nothing to do with people agreeing, because there is one sure thing and that is that we can agree on nothing :)
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I agree. Lol. I just wish people would sell and buy stuff with the SBDs it would self regulate the "peg" . It would be great for those who have talents other than being good at making steem/SBDs. But if the people good at making steem don't want to buy things, it's there loss. It almost would be nice to have some some program to encourage money spending but we all know that is a bad idea. Hopefully we all know.