You are viewing a single comment's thread from:
RE: STEEM DOLLAR Will Fall To $1 USD : Here’s Why
Ok, sorry for my big vomit of a comment about it. I agree that the witnesses should know exactly how all this works much more than a minnow like me. I didn't know there was such controversy among them about the subject. If big merchants like Starbucks really are considering Steem as their crypto for payments, I'd be glad to have The SBD pegged to $1 USD if that's what it took to get them on board!
We can only hope to attract a big merchant like Starbucks, but the argument is that they probably wouldn't look at us until we have our house in order so there is an opportunity cost to let this SBD situation run. There is also concern that a big bubble and crash of the SBD could really hurt the platform credibility and reputation in the fallout.