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RE: Why Steemit sucks, and how it will die. Unless...
There is indeed no need for SBD, if you can't peg its value to $1.00 USD. And you can't, unless you hold a pile of cash in USD that corresponds to the issued amount of SBD and there is an exchange where you can trade these, both of which are highly impractical.
I agree that the UX can be more simpler for the average user.