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RE: The benefits of inaction: a defense of a high SBD.
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. ;)
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.
😕😎
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.