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RE: The trouble with SBDs - a poll
For me, the current situation makes a joke of the 100% power up that i had commited to in order to invest in the platform and help with curation. If id gone 50/50, id have been able to put far more back into steemit by converting the SBD into steem. I've switched back to 50/50 but everything will be going back into powering up.
Right, and this brings up the broader question of what about those investors who powered up but are also holding Steem, or converted SBD to Steem previously. Of course the blockchain should not protect any individual in particular, but for all users who were led to believe that SBD would be pegged to $1 by witnesses (and the implication that they had these tools) it signalled that Steem was the token to hold and SP was worth having for that (and other) reasons.
Abandoning the peg in my view, or as a witness refusing to use the tools to apply downward pressure in the medium to long term, is a fundamental change of policy that shouldn't just be drowned out in conversation by the fact that some people (especially active people and those who spread their token ownership) are reaping the rewards in the short term.
Your article prompted me to put up a post yesterday to briefly consider the perspective of some of the non-author stakeholders.