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RE: Three Reasons Why We Should Not Support Feed Premium
What is the point to have SBD in the first place? If you want to live only within the Steem ecosystem without using any other cryptocurrencies, then it is worth to keep SBD. However, you guys already have bitshares and bitUSD. Why not exchange steem with bitUSD or something stable tokens when needing a payment method to any merchants. I could not understand why you guys reinvented the wheel while you don't give up the old wheel. Steem is a blogging system, then just focus on that goal, and make it simpler for wider user bases. Don't make it complicated with steem, steem power, steem dollar and all weird calculations. I strongly suggest just giving up SBD entirely.
I agree and my similar idea was presented in my previous post
Wasn't the whole purpose of SBD is for advertisers to come in and rely on a stable SBD? Since it's not as volatile as Steem? or am I missing something
SBD seems to have a bigger ambition that that. According to the whitepaper,
EOS will have another new version of dollar pegged token? I think Dan just wants to experiment a different mechanism of dollar token whenever he starts a new project. :)
interesting. Cool thing about Steemit Beta, major changes can take place. I can't wait till the Steemit (without the Beta) gets launched :)
Steem is a lot more than a blogging system... I think it's a mistake to try and oversimplify it.
Then what is it?
It's a platform for content creators to monetize their work. Beyond blogging, it's a transactional platform, a curation platform, and a community building platform.
Hell, if you go check out ChainBB, it's a web forum - which, in my view, is distinct from blogging. https://beta.chainbb.com
Just my opinion though :-).
All blockchain-based applications are sort of a transactional platform. A curation mechanism is an important component for a good blogging system. Most of the commercial blogging system allow content creators to monetize their work one way or another, mostly with advertising revenues. A community building platform concept is also can be regarded as an extended utilization format of the contents of the blogging system. I may say my concept of blogging system here means a broader definition.
ChainBB looks great. But why do you need SBD in chainBB? Is it a vital component for ChainBB? When you have another good working tool such as bitUSD, why not integrate it into the system and expanding the ecosystem with BitShares?
My point is it is better to utilize other graphene engines based applications and tools when you need the functionalities instead of creating another isolated tools which makes the Steem sytem unnecessarily complicated.
yea I gotta do more research on BitShares, I honestly know very little about that project.