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RE: Should SBD Be a Pegged Asset? If So, When Should We Peg It?

in #sbd7 years ago

I wouldn't be so quick to act. I don't think we fully understand the implications of a two way conversion, which is why these discussions are happening in the first place.

I'm more focused on economic stability first and foremost. Right now, I would consider things stable and well understood even if the peg is not working. Yes there do appear to be reasons to accelerate the peg, but the reverse conversion idea I'm very hesitant about.

Ultimately I am pro peg and it's like the post mentions, it's about timing and how we proceed.