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RE: STEEM v SBD: Wifey STEEM is Having the Last Laugh
Well to be honest, i thought the genereal Idea of SBD is to peg it to the value of USD and I think it still should be.
Well to be honest, i thought the genereal Idea of SBD is to peg it to the value of USD and I think it still should be.
Yes, the original plan for SBD was to peg it to USD in order to make business easier. But you attract new, quality content creation, which will help grow Steemit through a higher SBD price. It’s a double edged sword.
Of course, but Lets say Steem is worth 100$ and SBD is 1$, then you will also automatically get more SBD from the Votes, so it doesn't really matter, as long Steem is growing imo.
Yep, exactly. I’m not against the peg by any means. Just playing what’s in front of me for now 🙂.