Overall I think right now is a horrible time to peg SBD right when Steemit is starting to gain some real traction and attract quality content creators from other platforms. The main draw is money. Other platforms are screwing around with revenue sharing and I would hate to see those practices spill over onto Steemit.
Pegging does not necessarily have to reduce author rewards. Nothing prevents SBD from being pegged to 5 USD, or the reward system to be tuned during the same move.
Now, 1$ is worth 0.5 USD in STEEM + 0.5 SBD
Why not 0.5 pegged-SBD + 0.5 STEEM?
Any technical aergument against that?
The value it's pegged to doesn't matter. Because if they peg it to $5 they won't pay it out like it's worth $1.
I really think that a product is worth what people will pay for it. I know that's not really the point of this argument but I truly believe that we should be allowed to trade freely without restrictions.
Well.. there's still STEEM to follow the market price