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RE: The trouble with SBDs - a poll
Get rid of it altogether. The intention was good but it has failed to be stable so has become useless and just adds confusion and complication. It has a very small circulation and market cap so it should be too hard to kill.
Why give up so easily? A pegged crypto is possible. Look at bitUSD
We shouldn't give up easily, I agree completely. Make no moves in the short term. But I think we need to keep an eye on this. The peg is only possible within a dynamic market if witnesses are willing to do what is necessary to keep the peg. This post was written in response to some witnesses saying they would abandon the peg.
That's where my mind is going. Counter point: the crypto coin sphere is going crazy right now anyway and there is widespread volatility. Can we really expect SBD to not experience some of this? Or in other words, maybe ... just maybe ... it'll all work out? Especially when (the mythical "when") people start to use it as a dollar, in everyday purchases. Though, as we're seeing with Bitcoin, it is that very volatility that puts merchants off accepting it.