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RE: 7 Characteristics of a Healthy Crypto Economy

in #cryptocurrency5 years ago

That's a great article and one which has a lot of truth behind it. I would agree with you on most of the points except for SBD which I find to be unessessary and an added complication to the chain when we need it as simple and streamlined as possible. I would get rid of it altogether as it has never held it's peg in the past few years. If it was a working stable coin then i could see it being useful but not in the way it was set up.

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Thanks! It's true that SBD isn't as stable as it could be, but I'm thankful for the times when STEEM itself isn't doing so well and I get paid in SBD as a hedge against STEEM's devaluation. I think it works as a useful hedge.