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RE: Ned on SBD: "Does the community want to continue to be paid out in Steem Dollars?"
I don't see how SBD complicates things. It makes the rewards easier to explain to noobs and easier to price things for commerce.
I shall admit though, that there is potential dangers with sacrificing a currency that has proven stable to the dollar, yet at the same time.. how stable is the dollar?
more stable than Steem and that's the point, isn't it?
As I explained just a few comments below, should SBD be done away with then STEEM would have that stability anyway.
I disagree. More Steem on the market will lower the price some more as did changing of the powerdown to 13 weeks.
It's a new crypto and the price is going to be all over the place. Look at all the other crypto's that have no additional tokens pegged to fiat. Do they look stable to you? Adding a stable token is a selling point. Perhaps it's unrealistic to think we could stabilize any token at all.
The difference to STEEM would be minimal. SBD is currently about 3.5% of STEEM in terms of market cap. Folding back in that 3.5% would hardly make a day and night difference to anything about STEEM, including stability. A lot of these claims are greatly exaggerated.