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RE: The benefits of inaction: a defense of a high SBD.

in #sbd • 7 years ago

SBD was meant for being a stable currency and it should be a stable currency. It would also question the legitmacy of SBD's purpose cause it was always meant to be a stable pegged coin.

By the way, authors are loving the SBD to the moon. ;)

7 years ago in #sbd by
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     7 years ago 

    SBD is great for the usage of Steem but no pegging will definitely reduce stability. However, this is crypto so I guess the default is to let it destabilize and deflate.

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     7 years ago 

    😕😎

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     7 years ago 

    I do, but it makes quite a quandary for the fledgling author. I want to convert everything so that I can get more power for forum use, however the constant rise means I also want to hang onto it because of trading out too early.

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