to hell with sbd do you wanna grow your investment or not?
I don't get sbd. It's pointless! STEEM can be converted to fiat via common gateways like ethereum and bitcoin...
to hell with sbd do you wanna grow your investment or not?
I don't get sbd. It's pointless! STEEM can be converted to fiat via common gateways like ethereum and bitcoin...
Oh course I want to grow my investment.
SBD peg only holds it up it doesn't push it down. Witnesses who choose to make that decision will have to answer to the content creators and other investors who would rather let the free market set the price.
SBD is built into our blockchain. At some point there will have to be a decision on what it is. Witnesses can not act as a peg. So at this point it nothing more than price manipulation.
As we get paid in SBD for posts, it is definitely market manipulation on a grand scale.
This is especially true if you are trading on the internal market.
It's bad enough for us minnows when the bw drops and the market price suddenly fluctuates upward while trying to get more STM for ones SBD.