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RE: Witness Discussion – SBD price and reverse peg

in #witness-category • 7 years ago (edited)

Thank you @aggroed - while I understand the reasons for a peg. An enforcement would f* outside traders pretty hard. Which will hurt STEEM as result.

On the other hand, this would give an opportunity to inside traders. But still - I'm against enforcement of the peg.

Edit:

But on the other hand - @reggaemuffin has some good points.

A peg will result in a lot more usecases than two volatile currencies.

Damn. It's difficult.

7 years ago in #witness-category by
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     7 years ago 

    I am currently in favor of letting SBD price die slowly as it will and we can have the peg ready when it is at $1 anyway. And while aggroed thinks the SBD price will stay up, he agrees that should it come down, adding a peg will be good. (I hope I have not laid words in his mouth here, but that is my take away for the moment)

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     7 years ago 

    I think we have our solution here. I came back in time to read, will be visiting other witnesses to check their take on this issue.

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     7 years ago 

    Thanks, very good post !!!!

    Awesome Work!

    Keep it up!!!

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