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RE: Bounty 20 Steem: Should we fix SBD?

in #sbd6 years ago

@brettcalloway Great insight, and what you’ve stated is the majority opinion on SBD, though I think the value proposition in SBD is largely misunderstood. If we had a truly price stable SBD as a 10% debt instrument of STEEM, it could be used for trade. Imagine if an eBay or Amazon was built on top of Steem because they were confident enough that SBD would always be worth $1. Imagine the skyrocket in STEEM token valuation as a result of this. This is what @knircky and similar thinkers realize and are trying to fix. Making a quick buck off of SBD fluctuations is one thing, sustainable growth is another- a price stable SBD would contribute to a better profit off of this platform in the long run.

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