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RE: Will Steem developers fix/upgrade the Steem Dollar? (Multicollateral Steem)
If SBD is scrapped so is Steem. Without a stable token there is no reason to hold your wealth in Steem when the value could drop by 40% or even 100%.
Once upon a time there was an incentive to hold your wealth in STEEM POWER and earn interest and rewards for curation. HF17-20 killed that scheme.
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So fix it. We have Steem Proposal System but can't use it for something like this?