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RE: STEEM DOLLAR Will Fall To $1 USD : Here’s Why
No, I wasn't talking about you mate. In fact I wasn't trying to point the finger at any individual.
It was more a comment directed toward the Witness ranks who really DO know how this stuff works, or at least SHOULD know how it works. I think there is a temptation there for them to play populist politics to get votes by playing up the popularity of the high STEEM DOLLAR, or take away votes from Witnesses who are trying to do the right thing by the platform AND the investors by looking to address this issue with a long term view.
I already know for a fact that some Witnesses have lost votes over their stance on the SBD situation, so it pays to reason that others will have gained.
Ok, sorry for my big vomit of a comment about it. I agree that the witnesses should know exactly how all this works much more than a minnow like me. I didn't know there was such controversy among them about the subject. If big merchants like Starbucks really are considering Steem as their crypto for payments, I'd be glad to have The SBD pegged to $1 USD if that's what it took to get them on board!
We can only hope to attract a big merchant like Starbucks, but the argument is that they probably wouldn't look at us until we have our house in order so there is an opportunity cost to let this SBD situation run. There is also concern that a big bubble and crash of the SBD could really hurt the platform credibility and reputation in the fallout.