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RE: Witness Discussion – SBD price and reverse peg

in #witness-category • 6 years ago

Becoming wealthier> Being confused.

So "being confused" is reason enough for you to make everyone on a 50 000-user platform SEVEN TIMES poorer?

Gotcha...

6 years ago in #witness-category by
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     6 years ago 

    No one gets poorer when 1 SBD will equal 1 USD. With a headsup in advance, people will convert SBD to Steem. In all likelihood the value of 1 Steem will rise as a consequence, which makes the users of the Steem platform wealthier.

    The speculators that hold SBD's on exchanges will become poorer, but I don't care about them to be honest. I care more about the Steem eco-system and its users.

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