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RE: The SBD:STEEM debt and payouts

in #steem4 years ago

I would actually prefer that after we hit 1 USD per SBD and 1 USD per STEEM, the peg be held firmly at 1 SBD = 1 USD. The crypto space is in dire need of a stablecoin. Having a stablecoin for real world payment purposes would be yet another use case for Steem and a reason for the price of STEEM and Steem Power to go up.

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Exactly what the SBD was meant for originally. It was meant to be a satble way to trade without worrying too much about market fluctuations. A tether in the wild would be awesome but some people don't seem to get it.

There are three coins that do that: tether, bitUSD and nubits.