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RE: My Thoughts About The SBD Peg, And A Proposal For A Soft Peg

in #sbd7 years ago

Is the view on pegging of each witness public? I never thought the voting for witnesses was more than a popularity contest, but with this split, sounds there may be something worth shifting the votes.

Personally, as someone who likes buying (editing) and selling (coding) services I'm bummed out by the failure of the peg and the failure of you guys to re-establish the relatively stable prices of before. Basically giving up on the idea of aggressively pegging to a relatively stable price removes all hope that steemit will ever again become the great platform for exchanging services for crypto's that it was before the pump, what would be very very sad if you ask me.

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I agree with being able to see what each witness is doing. Until now, like you, I just thought the same, but now that it appears there is a quiet civil war brewing between some witnesses over something that can have drastic long term ramifications, I would love for each witness to publicly post there stance on the matter, so that people can rightly vote for witnesses in an informed manner, and change votes when there is a topic like this that needs serious consideration. The confusion over whether SBD is supposed to be worth 1 USD or 1 Steem Dollar is another problem. The wallet wording suggests that SBD should be pegged to $1.00 of Steem, not 1 USD worth of steem. I wonder if that isn't adding uneccessary confusion to this (likely to keep growing) debate.

I dunno, I'm seeing more civil than war in this debate. Both parties (in my opinion) are handling this without resorting to ad-hominem, which is a breath of fresh air compared to other social networks.

Now, to your point at the end, what do you mean by $1.00 of steam? Wouldn't that just be the same as $1USD worth of steem, just worded differently? Or did you mean something else that I missed?

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