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RE: Delegated Proof of Stake (DPoS) and Free Market are Incompatible?

in #steemit7 years ago

if SBD has to be always equal $1, why it is opened for exchanges? (isn't it samething with tether?) And in this situation why witnesses should try to keep always 1SBD equal $1? Maybe in next hardfork steem founders should blocking transfer sbd to exchange accounts. sorry for my bad English

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SBD should be fungible, meaning you could get it from everywhere. The problem is when it is speculated. This can happen to any asset (any it is happening all the time). I just wanted to point out what are the implications for the Steemit ecosystem.

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