If that's the case, then they need to stop reacting to price movements and focus on fundamentals. This new debate about SBDs isn't that. The SBD-Dollar peg has been working and the benefits of it outweigh the negatives. The existence of SBDs is not harming the STEEM price. The price would be this low without them, because STEEM/Steemit is struggling due to almost entirely unrelated issues.
Moving to simplicity for the sake of simplicity, while eliminating the one feature that can actually attract widespread use in commerce, is stupid, quite frankly. The SBD-Dollar peg has been working as intended. Moving to "simplicity" before any legitimate attempts have been made to market this entire concept is a little short-sighted.
Maybe test the actual attractive features of the blockchain on a wider user base before scrapping those components because a very tiny fraction of people just can't comprehend how ~$1.00 of SBD means ~$1.00 US?
yes, needs more testing, i can agree with that. I would like to see the witnesses vote on whether to keep it or not, the job of being a witness could be easier without it
If that's the case, then they need to stop reacting to price movements and focus on fundamentals. This new debate about SBDs isn't that. The SBD-Dollar peg has been working and the benefits of it outweigh the negatives. The existence of SBDs is not harming the STEEM price. The price would be this low without them, because STEEM/Steemit is struggling due to almost entirely unrelated issues.
What I heard from Ned, the issue is moving from complexity to simplicity, the steem price argument was brought up by someone else
Moving to simplicity for the sake of simplicity, while eliminating the one feature that can actually attract widespread use in commerce, is stupid, quite frankly. The SBD-Dollar peg has been working as intended. Moving to "simplicity" before any legitimate attempts have been made to market this entire concept is a little short-sighted.
Maybe test the actual attractive features of the blockchain on a wider user base before scrapping those components because a very tiny fraction of people just can't comprehend how ~$1.00 of SBD means ~$1.00 US?
yes, needs more testing, i can agree with that. I would like to see the witnesses vote on whether to keep it or not, the job of being a witness could be easier without it
I'm sorry, are witnesses the only one's using the SBD? No. I think we all need to have a say in keeping it or not.