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RE: Steem proposal: Possibility to transform from STEEM to SBD in order to reduce speculation
Maintaining parity to the USD isn't all its cracked up to be.
https://fred.stlouisfed.org/series/CUUR0000SA0R
From Oct 2016 to Oct 2017, the purchasing power of the USD dropped at least 2.2%
I think STEEM can do better than that.
Yes the USD drop and drop. We need to change to another type of asset like bitcoin or steem.
But the definition of SBD is to be pegged to USD no matter its price