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RE: Saving SBD - Proposal to Restore the $1 USD / $1 SBD Peg
It is one of those things that has it's trade-offs. It just depends on which positives/negatives you weigh more heavily
Maybe. When one considers "existential/systemic" vulnerabilities as @bacchist claims, there is a reasonable argument that should override other tradeoffs (at least others that do not also involve such systemic risks).
That being said, one can question whether his claim is correct. I have some similar concerns.
I see existential/systemic vulnerabilities if there is no debt limit :)
Potentially that argues to look for a way to wind down SBD altogether, and remove the threat. Or look for a third option. Dan's earlier proposal for forced liquidation has a lot going for it, but unfortunately creates serious ecosystem issues. So we need a fourth option I guess...