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RE: Saving SBD - Proposal to Restore the $1 USD / $1 SBD Peg
The best part of SBD is users don't have to buy SBD to use it. Most of users earn SBD by contributing the platform with their contents
Like dan said rewards are a trojan horse to bootstrap the currency. If steem is successful the rewards earned will represent a tiny fraction of all commerce done in SBD. I expect many people to convert USD to SBD so they can spend their SBD online.
Converting USD to SBD is the similar vein as converting USD to EURO. The key is they are in different economic systems. Steemians living in U.S are like having dual citizenship, and shops too. Cryptocurrencies and fiat currencies can juxtapose and customers can choose any of them. I don't think US people will convert USD to SBD to buy good from US shops. They can use USD, no conversion fee, and efforts. While, Steemians still can buy some with SBD if they want. But in most cases I think they use earned SBD.