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RE: Poll: Should we get rid of the SBD (Steem Backed Dollar), and just use Steem for everything instead?
For example
If a post earns 10$
You get 3.75 sbd and 1.25 steem which is approximately equal to 10$ (after curation)
If there was just steem, you'd get 2.5 steem which equals 7.5$ (after curation)
This is with respect to the current prices of steem and sbd
Wouldn't they just adjust it to where you get the equivalent of $10.00 in Steem?
Then it would be perfect in my opinion.
Seems like most people think likewise
Yeah, because I think Steemit and all it's other properties would be better off using one unified currency.
I understand you, but i think if we are switching to just steem then the percentage payout should increase
I don't know if that would be sustainable, if anything they are going to need to lower payouts, because the big monopolies here on Steemit are making the bulk of all the rewards, and if they don't slow it down, Steem will become worthless.
I agree with you, its the big guys that earn all the profits. But i feel if the payout is made only in steem and sbd is tagged to $1 or totally canceled the small guys might find it hard to grow. Or what do you think
I think it should be permanently pegged to $1.00, or they should get rid of it and just use Steem instead.
If we run mainly on steem, then how should the payout be... right now its steem power and sbd that you earn, should sbd be replaced with steem or should it all go to steem power?