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RE: Getting rid of SBD-tokens from CORE to concentrate capital on STEEM-tokens!

in #witness-category6 years ago

There has been a lot of rant about this for a while, but I still don't get what the real issue is here.

It seems when referring to HitBTC pump schemes as a problem for shop operators, people accepting SBD should use a different price feed than HitBTC. After all, these same shop owners could also exploit those pumps to make more from their SBD.

Also, simply removing SBD won't do the trick. SBD may not be very liquid on exchanges (yet), but it's very liquid inside the system because it doesn't provide an ROI unlike (powered up) Steem. Therefore, users are much more inclined to spend SBD than Steem, which is the exact reason why everybody is using it as currency.

I'd really love to hear some actual arguments about why SBD is such a problem and what exactly the alternative would look like.