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RE: To SBD or not to SBD – Why is That a Question?
Your response is extremely helpful to getting my head around these discussions. Thanks.
The more I think about the pricing issues, ie.
What do you charge for a shirt that cost $15 to make, when one day 100 of the currency is worth $20, and a few days later it is worth $15?
This really is a mute point. With POS apps like BlockPay for example, it makes no difference. The merchant charges the same price they charge non-crypto customers. In this example, $15 dollars. The app would take $15 of Steem at the price it is at the time of purchase and the merchant wouldn't even have to think about it or adjust anything in their accounting or books.
I hope you changed your mind.
SBD should be gone. ASAP.
When I look at the big picture I think you may be right. One thing I don't hear anyone talking about on any of today's posts on the subject is how posts would be paid if we made the change.
Next to a post today, the earnings are expressed in SBD and we know this is pegged to the dollar. If the change was made, would the posts earning now be expressed in Steem? And if so, pegged to what? Dollars or today's Steem price?