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RE: Is SBD the new tether?
Pegging does not necessarily have to reduce author rewards. Nothing prevents SBD from being pegged to 5 USD, or the reward system to be tuned during the same move.
Now, 1$ is worth 0.5 USD in STEEM + 0.5 SBD
Why not 0.5 pegged-SBD + 0.5 STEEM?
Any technical aergument against that?
The value it's pegged to doesn't matter. Because if they peg it to $5 they won't pay it out like it's worth $1.
I really think that a product is worth what people will pay for it. I know that's not really the point of this argument but I truly believe that we should be allowed to trade freely without restrictions.
Well.. there's still STEEM to follow the market price